Truss quits, setting up race to be Britain’s third PM in seven weeks

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Updated 21 October 2022
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Truss quits, setting up race to be Britain’s third PM in seven weeks

  • A new leadership election will be completed by next Friday, Oct. 28
  • Those expected to run include former finance minister Rishi Sunak and Penny Mordaunt, a former defense minister

The UK could have its third prime minister in seven weeks by Monday after Liz Truss stepped down as leader of the country’s governing Conservative Party.

Speaking outside 10 Downing Street on Thursday, Truss admitted having lost the faith of the party, and said she would quit as prime minister when a new leader was elected.

The favorite to replace her is former finance minister Rishi Sunak — but the election could also bring a sensational return to power for former Prime Minister Boris Johnson, whose supporters said he would run for office “for the good of the nation.”

Nominations for the post close at lunchtime on Monday. Nominees require the support of at least 100 Conservative MPs. If only one candidate has that level of support, they will automatically become party leader and prime minister.

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Truss’s 45-day tenure was the shortest and most chaotic of any British prime minister. She was forced out after her economic program shattered the country’s reputation for financial stability and left many people poorer.

She had promised tax cuts funded by borrowing, deregulation and a sharp shift to the right on cultural and social issues.

But within weeks she was forced to sack her finance minister and closest political ally, Kwasi Kwarteng, and abandon almost all her economic program after their plans for vast unfunded tax cuts crashed the pound and sent British borrowing costs and mortgage rates soaring.

Approval ratings for her and the party collapsed. On Wednesday she lost the second of the government’s four most senior ministers, deepening the sense of chaos at Westminster.

Truss’s humiliation was complete when a British tabloid newspaper live-streamed a photo of the prime minister alongside a lettuce bought from a supermarket, and asked readers to guess which would have the longer shelf life. The lettuce won.

 

 


Trump to launch Board of Peace that some fear rivals UN

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Trump to launch Board of Peace that some fear rivals UN

  • US president sees board as going beyond Gaza to address global challenges
  • 35 countries including Israel, Saudi Arabia, Turkiye have committed; Russia considering
DAVOS, Switzerland: US President Donald Trump will on Thursday launch his Board of Peace, originally envisaged to help end the Gaza war but which he now sees having a wider role that Europe and some others fear will rival or undermine the United Nations.
Trump, who will chair the board, has invited dozens of other world leaders to join it and sees the grouping addressing other global challenges beyond Gaza, though he does not intend it as a replacement for the United Nations, he has said.
Some traditional US allies have balked at joining the board, ‌which Trump says ‌permanent members must help fund with a payment of $1 billion ‌each, ⁠either responding ‌cautiously or declining the invitation.
No other permanent member of the UN Security Council — the five nations with the most say over international law since the end of World War Two — except the US has yet committed to join.
Russia said late on Wednesday it was studying the proposal after Trump said it would join. France has declined. Britain said on Thursday it was not joining at present. China has not yet said whether it will join.
However, around 35 countries have committed to ⁠join including Saudi Arabia, the United Arab Emirates, Egypt, Turkiye and Belarus.
The signing ceremony will be held in Davos, Switzerland, where ‌the annual World Economic Forum bringing together global political and ‍business leaders is taking place.
Sputtering Gaza ceasefire
The ‍board’s charter will task it with promoting peace around the world, a copy seen ‍by Reuters showed, and Trump has already named other senior US officials to join it, as well as former British Prime Minister Tony Blair.
The ceasefire in Gaza, agreed in October, has sputtered for months with Israel and Hamas trading blame for repeated bursts of violence in which several Israeli soldiers and hundreds of Palestinians have been killed.
Both sides accuse each other of further violations, with Israel saying Hamas has procrastinated on returning a final body of a ⁠dead hostage and Hamas saying Israel has continued to curb aid into Gaza despite an ongoing humanitarian catastrophe.
Each side rejects the other’s accusations.
Israeli Prime Minister Benjamin Netanyahu has accepted an invitation by Trump to join the board, the Israeli leader’s office says. Palestinian factions have endorsed Trump’s plan and given backing to a transitional Palestinian committee meant to administer the Gaza Strip with oversight by the board.
Trump has been characteristically bold in his comments on Gaza, saying the ceasefire amounts to “peace in the Middle East.”
Even as the first phase of the truce stumbles, its next stage must address much tougher long-term issues that have bedeviled earlier negotiations, including Hamas disarmament, security control in Gaza and eventual Israeli withdrawal.
On Wednesday in Davos, Trump met Egyptian President Abdel Fattah ‌El-Sisi, whose country played a major role in Gaza truce mediation talks, and they discussed the board.