United Kingdom: bye bye Truss

Liz Truss will have lasted less than 50 days at the head of 10 Downing Street! The shortest mandate in British history in this position. Appointed Prime Minister two days before the death of Queen Elizabeth II of England, Liz Truss announced her resignation on Thursday, October 20. In turmoil for several weeks because of her highly controversial tax package that destabilized markets and sent the pound tumbling, she first sacked her finance minister Kwasi Kwarteng on Friday, October 14, and renounced her economic program. “It is clear that some parts of our mini-budget went too far and too fast compared to what the markets expected,” she admitted at a press conference. On Wednesday 19 October, her Minister of the Interior, Suella Braverman, resigned. Faced with a fierce rebellion that continued to grow, including in her own camp, she was finally forced to resign and announced the organization of a primary. Labour’s Keir Starmer is calling for a general election “right now”. Next episode of this bad British series…

To see our previous weekly editorials on international news, click here !