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.
Category: Politics and Government
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U.K. Markets Slump Despite Kwasi Kwarteng’s Ouster
Kwasi Kwarteng, the chancellor of the Exchequer, was fired on Friday by Prime Minister Liz Truss in a bid to end weeks of market turmoil.
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Who Is Jeremy Hunt, New U.K. Chancellor?
His selection for the post appeared intended to restore calm to financial markets.
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‘Eternal Spring’ Review: When State TV Got Hijacked
Two decades after members of Falun Gong took over local television programming in Changchun, China, a documentary looks back.
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Liz Truss Stirs Uncertainty Over the U.K.’s Economic Plans
Prime Minister Liz Truss appeared to rule out cuts in public spending, as doubts about the fiscal soundness of the government’s program continued to roil the markets.
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When a Country’s Cuisine Becomes a Cultural Export
South Korea has sought to protect and enshrine its national dishes — while also sharing its wonders with the world.
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Turmoil Returns to the U.K. Bond Market
The Bank of England started a bond-buying program last month to stabilize financial markets. But its plan to end the program this Friday is only making investors more nervous.
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A Very French Tempest in a Turtleneck
It’s not just women in politics who get judged on what they wear.
