BBCNEWS World Business Report March 18, 2022 05:33:00
The consumers but also for the producing countries and for all of us, so therefore i'd urge all the producing countries to bring oil to the market as soon as possible in order to prevent significant supply shock. on thursday the bank of england raised interest rates again, for the third time in four months. borrowing costs are now at their highest level since the pandemic struck two years ago. it's part of the bank's attempt to control the soaring cost of living, it's predicting the inflation rate could hit more than 8% by the end of the year. but will rate rises do any good? 0ur economics edi...