Page 3 - Jeb Smith News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Experts believe that the Bank of England will have to jack up its base rate from 4.5% at present to 5.5% by the end of 2023 in order to tame stubbornly high inflation. It was that prospect that had already resulted in lenders and building societies to raise the cost of fixed-rate mortgages or to pull deals altogether, as HSBC did during the preceding week. Higher rates also have implications for the cost of servicing the country's debts, in turn eliminating the Chancellor's already limited headroom to push through tax cuts before the elections. - The Financial Mail on Sunday

Skyrocketing farmland values are standing in the way of financial security for some younger farmers. A Florida farmer blames the increase in land prices on wealthy out-of-state developers buying up farmland for housing on solar projects.

Agricultural land values rose more than 14% between 2021 and 2022, making it difficult for young farmers looking for a foothold in the industry.

U.S. Trade Representative Katherine Tai rejects a call to formally investigate Mexico for unfair trade practices involving fresh fruits and vegetables, and New Zealand government announces plans to tax cow burps.

The Office of the U.S. Trade Representative has rejected a formal investigation against Mexico for unfair trade practices involving fresh fruits and vegetables.