TRUMP’S RIGHT AGAIN AND OBAMA’S WRONG! The US Is Currently Blocking Funds To Somalia! Donald Trump has announced he would force Mexico to pay for a  wall at the border by threatening to cut off billions of dollars in remittances sent by immigrants living in the United States.A snarky Obama scolded Donald Trump on his plan: The implications in regards to ending remittances, many of which by the way are from legal immigrants, and are from individuals who are sending money back to their families, are enormous. First of all, they re impractical  The notion that we re going to track every Western Union bit of money that is being sent to Mexico, uh, good luck with that. Then we got the implications for the Mexican economy. Which in turn if it is collapsing sends more immigrants north because they can t find jobs back in Mexico. Of course, Barack Obama is wrong about this, too.The US already cuts off remittance payments to Somalia. US News reported:Following the Sept. 11 terror attacks, Congress passed stricter money-laundering regulations, which caused several large U.S. banks to close the accounts of Somali money transfer operators out of fears that funds would end up in the hands of terrorist groups like al-Shabab. Regulation in the U.K. and Australia also made it difficult for Somali money transfer operators to work there.Since then, operators have scraped by through partnerships with small and medium-sized U.S. banks that still allow funds to be sent to Somalia. But Merchants Bank of California, responsible for transferring between 60 and 80 percent of the total remittances sent to Somalia from the U.S., announced it would shut down such accounts in early February, and reportedly is still implementing the policy.The Mexican central bank reported that money sent home by Mexicans overseas hit nearly $24.8 billion last year. It is the largest foreign source of income to Mexico. Trump s remittance plan ought to help fund the border wall in no time.Via: GPpolitics
trump s right again and obama s wrong the us is currently blocking funds to somalia donald trump announced would force mexico pay wall border threatening cut billions dollars remittances sent immigrants living united snarky obama scored donald trump plan the implications regards ending remittances many way legal immigrants individuals sending money back families enormous first impractical the notion going track every western union bit money sent mexico uh good luck then got implications mexican economy which turn collapsing sends immigrants north find jobs back mexico of course barack obama wrong us already cuts resistance payments somalia us news reported following terror attacks congress passed stricter regulations caused several large banks close accounts somali money transfer operators fears funds would end hands terrorist groups like regulation australia also made difficult somali money transfer operators work operators scraped partnerships small banks still allow funds sent somalia but merchants bank california responsible transferring percent total remittances sent somalia announced would shut accounts early february reportedly still implementing mexican central bank reported money sent home mexican overseas hit nearly billion last year it largest foreign source income mexico trump resistance plan ought help fund border wall politics
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: TRUMP’S RIGHT AGAIN AND OBAMA’S WRONG! The US Is Currently Blocking Funds To Somalia! Donald Trump has announced he would force Mexico to pay for a  wall at the border by threatening to cut off billions of dollars in remittances sent by immigrants living in the United States.A snarky Obama scolded Donald Trump on his plan: The implications in regards to ending remittances, many of which by the way are from legal immigrants, and are from individuals who are sending money back to their families, are enormous. First of all, they re impractical  The notion that we re going to track every Western Union bit of money that is being sent to Mexico, uh, good luck with that. Then we got the implications for the Mexican economy. Which in turn if it is collapsing sends more immigrants north because they can t find jobs back in Mexico. Of course, Barack Obama is wrong about this, too.The US already cuts off remittance payments to Somalia. US News reported:Following the Sept. 11 terror attacks, Congress passed stricter money-laundering regulations, which caused several large U.S. banks to close the accounts of Somali money transfer operators out of fears that funds would end up in the hands of terrorist groups like al-Shabab. Regulation in the U.K. and Australia also made it difficult for Somali money transfer operators to work there.Since then, operators have scraped by through partnerships with small and medium-sized U.S. banks that still allow funds to be sent to Somalia. But Merchants Bank of California, responsible for transferring between 60 and 80 percent of the total remittances sent to Somalia from the U.S., announced it would shut down such accounts in early February, and reportedly is still implementing the policy.The Mexican central bank reported that money sent home by Mexicans overseas hit nearly $24.8 billion last year. It is the largest foreign source of income to Mexico. Trump s remittance plan ought to help fund the border wall in no time.Via: GPpolitics
Your task is to classify the provided input as real or fake news. Label 0 is meant for fake news, Label 1 is for real news. TEXT: trump s right again and obama s wrong the us is currently blocking funds to somalia donald trump announced would force mexico pay wall border threatening cut billions dollars remittances sent immigrants living united snarky obama scored donald trump plan the implications regards ending remittances many way legal immigrants individuals sending money back families enormous first impractical the notion going track every western union bit money sent mexico uh good luck then got implications mexican economy which turn collapsing sends immigrants north find jobs back mexico of course barack obama wrong us already cuts resistance payments somalia us news reported following terror attacks congress passed stricter regulations caused several large banks close accounts somali money transfer operators fears funds would end hands terrorist groups like regulation australia also made difficult somali money transfer operators work operators scraped partnerships small banks still allow funds sent somalia but merchants bank california responsible transferring percent total remittances sent somalia announced would shut accounts early february reportedly still implementing mexican central bank reported money sent home mexican overseas hit nearly billion last year it largest foreign source income mexico trump resistance plan ought help fund border wall politics