Russians feel the pain of international sanctions
Tuesday, March 01, 2022 | 3900 Views |
Russians feel the pain of international sanctions
He can't afford to get a mortgage in Moscow now interest rates have been hiked.
Millions of Russians like him are starting to feel the effect of Western economic sanctions designed to punish the country for invading neighbouring Ukraine.
That sounds like good news. But the report also warns that this may simply be because our digital economy is still young, not because we are safe. As more people shop, bank and pay online, criminals will follow.We Batswana do not need a report to tell us that danger is real. Many of us have heard of or fallen victim to KYC scams. A caller impersonates your bank or mobile money provider. They say they need to “verify” your account. They ask...