Liz Truss is out. What’s next for Britain?

Oct 20, 2022, 08:16 PM

Just 44 days into the job, Liz Truss announced today that she is stepping down as the UK’s leader. Her resignation follows weeks of chaos in the UK markets. A new prime minister is expected to be elected into office within a week. And, Ukraine's President Volodymyr Zelenskiy has said that 30% of Ukraine's power stations have been hit by Russian airstrikes. Ukraine is now restricting its electricity supplies as the country prepares for a long winter. Also, the US Inflation Reduction Act is raising alarms in the European Union. German and French officials warned on Wednesday that US policies offering subsidies to benefit the American electric vehicle industry would lead the two economic powerhouses into direct competition. Plus, the acclaimed novel, “The Seven Moons of Maali Almeida,” by Sri Lankan writer Shehan Karunatilaka, has clinched the 2022 Booker Prize.