#trade-barriers

#trade-barriers

The decision reflects the MPC's view that, although inflation has peaked, further evidence is needed to confirm a sustained return to the 2% target. The latest ONS figures show CPI at 3.8% in September, broadly in line with BCC's forecast of 3.7%. The IMF also expects the UK to record the highest inflation in the G7 this year and next. So, the key question is: will UK inflation stay higher for longer, and will interest rates remain higher to control it?

"These barriers with imports, exports, all of these issues, they are making it more complicated for the world. They are making it very expensive for everybody. We are just creating barriers unnecessarily for no reason. The whole globe needs each other," Abunayyan said. "There's no one country that does not need the others. We are all human on this earth. We need to work together, we need to have integration, and we need to think about how we create something that's good for all our people on this earth."

"We should not be talking about more, but about fewer barriers to trade," she told Redaktionsnetzwerk Deutschland.

Nine provinces and one territory have signed an agreement to allow direct-to-consumer alcohol sales by next spring, enabling Canadians outside Newfoundland and Yukon to order alcohol from producers in other provinces.