The United Kingdom's new Prime Minister Liz Truss is under pressure to avert a deepening economic crisis in the wake of the war in Ukraine and soaring energy prices. Truss, who took office just two days before Queen Elizabeth II died, has already promised more than $140bn to help Britons deal with the crisis.
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Global Inflation Concerns
Inflation across the developed world is surging, with the rising cost of living expenses at the highest level since the 1980s.