After a blowback over her budget-busting tax cuts, Britain’s prime minister has junked her free-market plans and adopted several measures favored by Labour.
Tag: Economic Conditions and Trends
In Xi’s China, the Business of Business Is State-Controlled
The Chinese leader has increasingly demanded that businesses conform to the aims of the Communist Party, an agenda he doubled down on this week at an important political gathering.
Elections Approaching, Erdogan Raises the Heat Again With Greece
Turkey’s president suggested that troops “may suddenly arrive one night” in Greece. With inflation rampant and the lira sinking, a manufactured crisis might be just the thing he needs.
Macron the Disrupter Seeks Direction
He wants to lead a united Europe to independence. But the world has changed on him.
Elections Approaching, Erdogan Raises the Heat Again With Greece
Turkey’s president suggested that troops “may suddenly arrive one night” in Greece. With inflation rampant and the lira sinking, a manufactured crisis might be just the thing he needs.
Britain’s New Finance Chief Repudiates Prime Minister’s Signature Economic Plan
With Liz Truss’s authority ebbing, questions abound about how long she can cling to her post.
Under Fire, New U.K. Leader Retreats on Economic Strategy
Fighting for her political survival, Prime Minister Liz Truss fired her top ally and reversed course on tax-cutting plans, trying to shore up financial markets and her poll ratings.
20 Nations at High Risk From Global Warming Might Halt Debt Payments
The countries want their collective $685 billion in debts forgiven so the money can be invested in climate projects.
Lessons From Liz Truss’s Handling of U.K. Inflation
The sharp policy U-turn by Liz Truss, Britain’s prime minister, reveals the perils of taking the wrong path in the fight against scalding inflation.
For Truss and the Tories, a ‘Fairy Tale’ Unravels
Having abandoned her signature economic plan, it remains unclear whether the British prime minister or her party can reclaim a mandate.