realities

In UK fallout, lessons for a world facing harsh economic realities

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Government leaders in the West are struggling with rising inflation, slowing growth, and anxious electorates worried about winter and high energy bills. But Liz Truss, Britain’s prime minister, is the only one who devised an economic plan that unnerved financial markets, drew the ire of global leaders and the public and undermined her political standing. … Read more

Tough economic realities await Britain’s next leader

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The distracting quasi-presidential race to become the UK’s next prime minister will, finally, come to an end on Monday. For the winning candidate, the highs of victory will rapidly give way to the reality of the task ahead. The new leader will inherit a fragile economy. Britain is projected to enter a lengthy recession as … Read more