UK Prime Minister Liz Truss resigns after less than 2 months in office
Prime Minister Liz Truss resigned Thursday after less than two months in office amid pressure following a reversal of economic policies that led to economic instability.
British Chancellor Sacked After Disastrous Tax Plan
Britain’s embattled Prime Minister Liz Truss fired her Finance Minister Kwasi Kwarteng on Friday and deleted parts of their economic package in a desperate bid to stay in power and reassure markets after financial turmoil.
Russia Warns It Will Recapture Lost Land In Ukraine
Russia said Wednesday that it would recapture areas of annexed territory that fell back into Ukrainian control. Moscow’s warning came as Ukraine continued its counter-offensive, leaving thousands of Russian troops running for their lives.
Britain Cancels High Income Tax Cut After Pound Troubles
Britain’s government has dropped plans to cut income tax for top earners, part of a package of unfunded cuts that sent the pound to record lows.
Britain’s Queen Elizabeth Dead At 96
Queen Elizabeth II, Britain’s longest-serving monarch, has died at Balmoral Castle in Scotland, aged 96, after reigning for 70 years, the palace said.
Britain’s New PM Liz Truss Facing Unrest
Liz Truss became Britain’s prime minister on Tuesday after Queen Elizabeth II asked her to form a government as the nation faces its biggest challenges in years.