Netanyahu wins fifth term as Israel’s PM as rival concedes defeat

Netanyahu wins fifth term as Israel’s PM as rival concedes defeat

Outgoing Israeli Prime Minister Yair Lapid has congratulated Benjamin Netanyahu on his victory in Tuesday’s general election. Mr Lapid said he had called his rival to wish him luck and tell him he would ensure an orderly transition of power. Mr Netanyahu’s Likud party and its far-right and religious allies won 64 of the 120 seats in parliament, according to final results released on Thursday. Prime Minister Benjamin Netanyahu’s main rival conceded defeat Wednesday, promising to wage a robust battle from the opposition after the ruling Likud party and its…

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Elon Musk buys & takes control of Twitter in $44bn deal

Elon Musk buys & takes control of Twitter in $44bn deal

The world’s richest man, Elon Musk, has completed his $44bn (£38.1bn) takeover of Twitter, according to a filing with the US government. Mr Musk tweeted “the bird is freed” and later said “let the good times roll”. A number of top executives, including the boss, Parag Agrawal, have reportedly been fired. Mr Agrawal and two other executives were escorted out of Twitter’s San Francisco headquarters on Thursday evening, said Reuters. The completion of the deal brings to an end months of legal wrangling but it has prompted questions over the…

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Rishi Sunak, A Devoted Hindu, Who Took Oath On Gita,Will Be Britain’s 1st PM Of Colour

Rishi Sunak, A Devoted Hindu, Who Took Oath On Gita,Will Be Britain’s 1st PM Of Colour

Rishi Sunak, Who Took Oath On Gita, Bids To Be Britain’s 1st PM Of Colour Rishi Sunak represents the constituency of Richmond in Yorkshire London: Before his spectacular falling-out with Boris Johnson, Rishi Sunak was on a rapid rise that could still end with him installed as Britain’s first prime minister of colour. It would be a historic landmark if the Hindu descendant of immigrants from India and East Africa were to take command of the world’s fifth-largest economy. But after making the final run-off following a series of votes…

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Rishi Sunak becomes Britain’s first Indian-origin Prime Minister

Rishi Sunak becomes Britain’s first Indian-origin Prime Minister

Rishi Sunak on Tuesday became Britain’s third prime minister this year and the first person of colour to lead the former imperial power, vowing to mend the “mistakes” of Liz Truss’s calamitous 49-day tenure. Sunak addressed the nation outside 10 Downing Street after his appointment by King Charles III, capping the latest extraordinary twist in UK politics following Boris Johnson’s demise in July. “I will unite our country — not with words, but with action,” the former finance minister said, pledging also unstinting support for Ukraine even while warning of…

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Liz Truss announces exit; U.K. to get its third PM in three months

Liz Truss announces exit; U.K. to get its third PM in three months

Liz Truss announced her resignation amid a political crisis, making her 45-day tenure, the shortest in Britain’s history. Spoke to King Charles III on intent to resign, says Tory leader; a ‘leadership election’ will be completed next week, she says Liz Truss said on Thursday she would resign as British prime minister, brought down just six weeks into the job by an economic programme that roiled financial markets, pushed up living costs for voters and enraged much of her own party. The Conservative Party, which holds a big majority in…

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Trouble for Liz Truss? UK PM battles inflation as she faces possible sacking

Trouble for Liz Truss? UK PM battles inflation as she faces possible sacking

With just over a month in the office, UK PM Liz Truss is finding it difficult to stay in power. Her proposed plans have failed to calm the inflation-stricken markets or assuage lawmakers’ concerns. On September 5, Conservative Party leader Liz Truss won the UK PM race, defeating her rival Rishi Sunak to win the Tory leadership contest. With her election promises of immediate action on energy prices and reforms to stabilise economy, many believed in Liz Truss’s bold post-poll proclamation of “we’ll deliver, we’ll deliver, we’ll deliver”. However, after…

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PM Liz Truss sacrifices finance minister Kwasi Kwarteng in the fight to survive

PM Liz Truss sacrifices finance minister Kwasi Kwarteng in the fight to survive

British Prime Minister Liz Truss fired her finance minister Kwasi Kwarteng on Friday, shortly before she is expected to scrap parts of their economic package in a desperate bid to survive the market and political turmoil gripping the country. Kwarteng said he had resigned at Truss’s request after rushing back to London overnight from IMF meetings in Washington. Truss, in power for only 37 days, will hold a news conference later on Friday, Downing Street confirmed. “You have asked me to stand aside as your Chancellor. I have accepted,” Kwarteng…

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‘It was really, really important’: Truss on UK’s mini-budget amid economy woes

‘It was really, really important’: Truss on UK’s mini-budget amid economy woes

British Prime Minister Liz Truss said on Friday she recognised there had been some financial market disruption following the government’s so-called mini budget and that it was important monetary and fiscal policy are coordinated. Truss has so far argued market turbulence following the announcement of planned tax cuts a week ago is a result of global problems caused by the Russian invasion of Ukraine, and that she would stick to her plan to try to boost growth. The Bank of England’s chief economist, Huw Pill, said on Thursday there was…

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Liz Truss appointed as UK PM and will take oath along with first all Non-white cabinet

Liz Truss appointed as UK PM and will take oath along with first all Non-white cabinet

London: UK Foreign Secretary Liz Truss was on Monday announced the victor of the contest for the Conservative Party leader, defeating former Chancelllor of Exchequer Rishi Sunak, and paving the way for her to become the next Prime Minister. Truss, who succeeds Boris Johnson, will be the third woman Prime Minister of the United Kingdom after Margaret Thatcher and Theresa May, all of from her Conservative Party. Announcing the results, 1922 Committee chief, Sir Graham Brady said Truss won 81,326 votes, or over 57 per cent, compared to Sunak’s 60,399 votes….

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QUEEN ELIZABETH II, BRITAIN’S LONGEST-REIGNING MONARCH, DIES AT 96

QUEEN ELIZABETH II, BRITAIN’S LONGEST-REIGNING MONARCH, DIES AT 96

London — Queen Elizabeth II, Britain’s longest-reigning monarch and one of the most enduring royal personalities the world has known, has died at the age of 96. Buckingham Palace confirmed that the queen died Thursday at Balmoral Castle, her official residence in Scotland. “The Queen died peacefully at Balmoral this afternoon. The King and The Queen Consort will remain at Balmoral this evening and will return to London tomorrow,” the palace said in a statement, referring to the new monarch, Elizabeth’s eldest son, now known as King Charles III, and…

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