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    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
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    Editorial & Advertiser disclosure

    Global Banking and Finance Review is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Top Stories

    Posted By maria gbaf

    Posted on December 20, 2021

    Featured image for article about Top Stories

    AMSTERDAM (Reuters) -Dutch urban centres were largely deserted on Sunday as the country began a snap lockdown that, aimed at stemming an expected COVID-19 surge caused by the fast-spreading Omicron variant, left people’s Christmas plans in disarray.

    Prime Minister Mark Rutte announced the shutdown on Saturday evening, ordering the closure of all but essential stores, as well as restaurants, hairdressers, gyms, museums and other public places from Sunday until at least Jan. 14.

    In Rotterdam, police used a water cannon to disperse a group of around 1,000 people who had gathered outside the city’s main soccer stadium, ahead of a clash between local team Feyenoord and bitter rivals Ajax Amsterdam.

    Several people were held as fireworks and bottles were thrown at police and at the Ajax team bus, news agency ANP said.

    Spectators have been barred from Dutch sporting events since the end of November.

    The new curbs, which also include a ban on gatherings outside of more than two people, were unexpected, and many people rushed out on Saturday to stock up on presents or get a last-minute festive haircut.

    Hospitality workers demanded compensation for lost income over the holiday season.

    “Closing all bars and restaurants in such an important month is incredibly painful and dramatic. We need compensation and an exit strategy,” the Dutch association for hospitality services said.

    Dutch coronavirus infections have dropped from record levels after a night-time lockdown came into force last month. But Omicron cases are increasing rapidly and the variant is expected to become dominant before the end of the year.

    Hospitals have already been cancelling regular operations for weeks as they try to avoid running out of beds due to high numbers of COVID-19 patients.

    The government also said on Saturday that it would accelerate its booster vaccine programme. More than 85% of Dutch adults are double-vaccinated, fewer than 9% have had a booster shot, one of the lowest rates in western Europe.

    (Reporting by Bart Meijer; editing by Frances Kerry)

    AMSTERDAM (Reuters) -Dutch urban centres were largely deserted on Sunday as the country began a snap lockdown that, aimed at stemming an expected COVID-19 surge caused by the fast-spreading Omicron variant, left people’s Christmas plans in disarray.

    Prime Minister Mark Rutte announced the shutdown on Saturday evening, ordering the closure of all but essential stores, as well as restaurants, hairdressers, gyms, museums and other public places from Sunday until at least Jan. 14.

    In Rotterdam, police used a water cannon to disperse a group of around 1,000 people who had gathered outside the city’s main soccer stadium, ahead of a clash between local team Feyenoord and bitter rivals Ajax Amsterdam.

    Several people were held as fireworks and bottles were thrown at police and at the Ajax team bus, news agency ANP said.

    Spectators have been barred from Dutch sporting events since the end of November.

    The new curbs, which also include a ban on gatherings outside of more than two people, were unexpected, and many people rushed out on Saturday to stock up on presents or get a last-minute festive haircut.

    Hospitality workers demanded compensation for lost income over the holiday season.

    “Closing all bars and restaurants in such an important month is incredibly painful and dramatic. We need compensation and an exit strategy,” the Dutch association for hospitality services said.

    Dutch coronavirus infections have dropped from record levels after a night-time lockdown came into force last month. But Omicron cases are increasing rapidly and the variant is expected to become dominant before the end of the year.

    Hospitals have already been cancelling regular operations for weeks as they try to avoid running out of beds due to high numbers of COVID-19 patients.

    The government also said on Saturday that it would accelerate its booster vaccine programme. More than 85% of Dutch adults are double-vaccinated, fewer than 9% have had a booster shot, one of the lowest rates in western Europe.

    (Reporting by Bart Meijer; editing by Frances Kerry)

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