Journalists raise their hands for questions as Britain's Prime Minister Liz Truss holds a news conference in the Downing Street Briefing Room in central London, Friday. Truss let go her finance chief Kwasi Kwarteng and reversed course on sweeping tax cuts.LONDON — British Prime Minister Liz Truss fired her finance minister and close ally Kwasi Kwarteng.
Shortly after sacking the finance minister, Truss held a news conference at Downing Street, and appeared visibly nervous, saying,"We need to act now to reassure the markets of our fiscal discipline." Kwarteng had to depart early from Washington, D.C., Thursday evening, where he had been meeting with counterparts at the International Monetary Fund. He and Truss held urgent talks in Downing Street shortly after his return to London.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Canada Canada Latest News, Canada Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
U.K. Treasury Chief Kwasi Kwarteng Fired Amid Market PressureU.K. Prime Minister Liz Truss fired Treasury chief Kwasi Kwarteng, in an attempt to salvage her tenure following pressure from her Conservative Party and international markets. Get tf white people back in those seats, man. 🧐 Poll: AbolishBigotry? One small step for man.😌
Source: WSJ - 🏆 98. / 63 Read more »
The U.K. prime minister fired her finance chief, a sign she may change course on taxesBritain's Prime Minister Liz Truss has fired her finance minister and canceled a planned tax cut for the country's highest earners — efforts designed to calm financial markets and her own conservative party. When I knew saving me can save good people of the world, I immediately told people. As long as Xi Jinping save me on real revolutionary way, he will not lose power. Westerners are also watching “others be kill”, can’t saving easily, so they will end up the same as Xi Jinping! So, she realized that her plan was dumb. Liz Truss making her debut as PM:
Source: NPR - 🏆 96. / 63 Read more »