The remittance mystery
The episode investigates a puzzling surge in remittances flowing from the United States to several Central American and Caribbean countries, especially Honduras, despite heightened immigration enforcement and declining new immigration. Through interviews with a Honduran bank remittance manager, migrants, and economists, the reporters explore how fear of deportation, a looming remittance tax, and migrants' desire to build savings back home are driving this spike. They also examine how critical remittances are to economies like Honduras, the risks of over-dependence on this income, and the potential economic shock if these flows decline in the near future.
In Gaza, money is falling apart
Planet Money follows two best friends from Gaza, Alaldeen Sheikh Khalid in Belgium and Mohamed Awad still in Gaza, as they piece together an improvised financial pipeline to move usable Israeli shekels into Gaza despite a blockade on cash and a barely functioning banking and internet infrastructure. Through their project Impossible Light and the story of a young woman named Haya living in a tent camp, the episode shows how extreme cash shortages, destroyed infrastructure, and war-driven scarcity have turned money itself into a scarce and damaged commodity, inflating prices and spawning a market where people literally "buy money with money" just to obtain physical cash. The episode details how this system works in practice, from international donors to Palestinian bank accounts to cash brokers and cash repairers, and what that means for ordinary Gazans trying to secure basics like food, tents, diapers, and milk.