The downfall of Britain’s prime minister served as a warning to all of the political peril that awaits those who fail to address the erosion of living standards, no matter the cause.
Tag: Economic Conditions and Trends
Liz Truss Resigns After 6 Chaotic Weeks, Igniting New Leadership Fight
The beleaguered British prime minister relinquished her office after just 44 days of political and economic tumult, the shortest tenure in British history.
Liz Truss Fires Home Secretary Suella Braverman After Email Breach
Britain’s prime minister dismissed Suella Braverman after an email breach. Ms. Truss was also grilled in Parliament over her repudiated budget.
Liz Truss’s New Economic Agenda Looks a Lot Like the Labour’s
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.
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.