Category: Politics and Government

The Race is On to Find the U.K.’s Next Prime Minister

Turmoil returned to Britain’s financial markets as the Conservative Party once again seeks a new candidate to serve as prime minister.
As Inflation Stalks Europe, Leaders Shudder

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.
Ahead of Midterms, Disinformation Is Even More Intractable

Ahead of the midterm elections, the proliferation of alternative social media sites has helped cement false and misleading information as a defining feature of American politics.
Truss Defied the Markets, and They Ruthlessly Sealed Her Fate

World leaders buffeted by economic challenges are watching the turmoil in Britain with anything but relish, hoping that Liz Truss’s woes won’t be a harbinger for other countries.
Appeals Court Finds Consumer Bureau’s Funding Unconstitutional

The decision, expected to be appealed, could upend every regulation and enforcement action the bureau has issued.
U.K. Markets Waver as Liz Truss Steps Aside

The British pound edged higher and bond prices were mixed as Britain entered another phase of political instability.
For Women in China’s Communist Party, It’s Lonely at the Top

Mao’s phrase that “women hold up half the sky,” rings hollow as China’s most powerful female politician readies for retirement with few others in line.
U.K. Inflation Rises to 10.1 Percent, Driven by Food Prices

After easing slightly the previous month, inflation continued rising in September, heightening the country’s cost-of-living crisis.
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.
China Delays the Release of G.D.P. and Other Economic Data

The unusual move comes as the country’s ruling elite have gathered in Beijing for the twice-a-decade national congress of the Communist Party.
New U.K. Finance Minister Pulls Back Further on Fiscal Plan

Jeremy Hunt, the new chancellor of the Exchequer, announced a sweeping reversal in an effort to steady the markets and reduce the pressure on Prime Minister Liz Truss.
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.