News Wire | October 14, 2022 Archive
MONTHLY NEWSLETTER ARCHIVE
Top U.K. Finance Official Is Fired in Face of Political Crisis
By Stephen Castle | The New York Times
Britain’s beleaguered chancellor of the Exchequer, Kwasi Kwarteng, was fired on Friday as Prime Minister Liz Truss prepared to announce a large-scale retreat over a package of unfunded tax cuts that have rattled financial markets, causing a political crisis that has threatened her political survival.
Xi Set to Open Party Congress at Challenging Time for China
By Tony Munroe | Reuters
Chinese President Xi Jinping will take the stage on Sunday to kick off a historic congress of the ruling Communist Party, where he is poised to win a third term that solidifies his place as China’s most powerful ruler since Mao Zedong.
More from WPR: Xi’s Third Term Would Be Another Step Backward for China
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