Languishing London

Great Britain, the world’s sixth biggest economy, faces continued turmoil with the resignation of Prime Minister Truss. She assumed the job 44 days ago, making her the shortest-serving British PM, breaking the record of George Canning who died after 119 days in office. Her replacement faces bond vigilantes ready to punish, a lack of fiscal credibility, necessary and painful budget cuts, staggering political instability, ongoing Brexit problems and dismal growth.

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