More than 90 million people could be forced into “extreme deprivation” this year as developing and emerging economies are hit hardest by the coronavirus pandemic, the International Monetary Fund (IMF) has warned. In its latest World Economic Outlook, the world’s lender of last resort predicts the pandemic will undo decades of progress in reducing global […]
(Updates with Fed policy statement)Slideshow ( 2 images )NEW YORK (Reuters) – The U.S. dollar was choppy on the heels of the latest policy announcement by the Federal Reserve on Wednesday, while risk-sensitive currencies such as the Australian dollar and Chinese yuan strengthened after China’s Evergrande said it would make a bond coupon payment. The […]
British drivers could be set to face huge fines next year thanks to new measures aimed at stopping pavement parking. As it stands, parking on pavements is only banned in London and Scotland. But now the UK Government is considering giving the green light for it to be banned throughout the entirety of the United […]
