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Banks, regulators move to protect customers from wave of coronavirus scams in UK, U.S.
By Lawrence White and Sinead Cruise LONDON (Reuters) – UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with a whole range of new tricks, including fake sales of medical supplies and bogus government relief schemes. With British households effectively on lockdown, some banks said […]
World Bank downgrades outlook for developing countries in Europe, Central Asia
By Andrea Shalal WASHINGTON (Reuters) – The World Bank sharply downgraded its outlook for developing countries and emerging markets in Europe and Central Asia this year due to the coronavirus epidemic, but said those economies could swing back into solid growth in 2021. In an updated outlook published late Wednesday, the World Bank said the […]
Brits ‘may not be able to go abroad on holiday for a year’ warns travel expert
Brits may be forced to stay on domestic soil this summer, with one travel expert warning there could be no travel abroad because of the government's coronavirus plans to quarantine all arrivals to the UK. New proposals to tighten the UK's borders and force all arrivals into UK airports to go to Covid hotels and […]