What does new British PM Rishi Sunak mean for the rest of the world? | DW News
October 24, 2022
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12:11Now PlayingWhat does new British PM Rishi Sunak mean for the rest of the world? | DW News
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as posted by the channelRishi Sunak became the new leader of Britain's conservative party and is now set to be the new prime minister. He'll follow Liz Truss, a fellow conservative who resigned last week, after only 45 days in office.
Hers was the shortest term for a prime minister in UK history. But it was long enough to push the economy to the edge of a cliff. The mini buget Liz Truss proposed rattled financial markets and sent the pound plummetting and forced the Bank of England to intervene.
While markets were spooks and shocked, Rishi Sunak was not. In September, when he ran against against Liz Truss to be party leader and prime minister, he warned that Truss's economic plans were too risky. And he was right.
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