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☆ Will Liz Truss outlast a lettuce? British PM faces jokes after ditching tax cut plans
▼ + stars: | 2022-10-18 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +5 min

President Joe Biden even joined the criticism with a rare comment on an ally’s economic policies in which he called the tax cut plan a “mistake.”Truss admitted fault Monday night. “I do want to accept responsibility and say sorry for the mistakes that have been made,” she told BBC News. “Anyone could have seen that this wasn’t going to fly — how could they have not seen that coming?” Ford said. As critics had predicted, markets tanked and the pound fell to its lowest level against the dollar in 30 years. “It wasn’t just a total disaster with the markets, it was a total disaster electorally,” Ford said of Truss’ economic plan.

☆ British PM Liz Truss axes finance minister, tax cuts that sent pound crashing
▼ + stars: | 2022-10-14 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Patrick-Smith-Circle-Byline-Template.Jpg | Patrick Smith | ) www.nbcnews.com time to read: +5 min

LONDON — Embattled British Prime Minister Liz Truss fired her finance minister and abandoned a flagship policy Friday, in a bid to save her job after her economic plan stoked weeks of market panic. Earlier, Truss removed Finance Minister Kwasi Kwarteng just 38 days after the pair took power. Kwarteng becomes the second shortest-serving chancellor of the exchequer, as the British finance minister is known. Truss' personal office confirmed the next finance minister will be Jeremy Hunt, a former health secretary and minister under successive Conservative governments. Crucially, the bank’s bond-buying program is set to end Friday, meaning the government must convince markets its economic plan is sound to avoid further chaos.

Giorgia Meloni, a nationalist accused by political rivals and experts of spreading white supremacist ideas, was on Monday set to become Italy's first far-right leader since World War II. The results confirm her party’s rise from a radical fringe group to the driving force in right-wing Italian politics. Meloni, who would be Italy's first female leader, and the Brothers of Italy advocate naval blockades to stop unauthorized migration from Africa. Giorgia Meloni, leader of the Brothers of Italy, in Rome on Monday. Brothers of Italy leader Giorgia Meloni casts her vote at a polling station in Rome on Sunday.

☆ The GOP's American psychosis didn't start with Trump. It won't end with him, either.
▼ + stars: | 2022-09-18 | by ( David Corn | David Corn Is A Veteran Washington Journalist | Political Commentator. He Is The Washington Bureau Chief For Mother Jones Magazine | ) www.nbcnews.com time to read: +15 min

This piece has been adapted from "American Psychosis: A Historical Investigation of How the Republican Party Went Crazy,” by David Corn. Some reporters feared Goldwater supporters were about to storm the stage and physically attack the governor. The Republican Party — those then in control of it — thought otherwise. They were guided by what Trump adviser Kellyanne Conway once called “alternative facts.” For many of the Capitol Hill assailants, Trump and his paranoia had become a theology. Excerpted from "American Psychosis: A Historical Investigation of How the Republican Party Went Crazy."

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