Financial Times (October 20)
“In just six weeks, Truss cratered the Conservative party’s poll ratings and unleashed turmoil on financial markets. She was forced into a U-turn on her “mini” Budget involving £45bn of unfunded tax cuts, sacked her chancellor and ousted her home secretary.” After vowing to fight on, she then delivered “one of the shortest and bleakest resignation statements in modern British history: she was quitting after only 44 days in office.”
Tags: Bleakest, Budget, Conservative Party, Cratered, Financial markets, Ratings, Resignation, Shortest, Tax cuts, Truss, Turmoil, U-turn
Washington Post (January 26)
“Thousands of Americans who jumped into crypto investing over the past two years in hopes of a rocket ride to instant wealth now face a similar reckoning: Prices for cryptocurrencies… have cratered since reaching all-time highs in early November, wiping out an astonishing $1.35 trillion in value globally, nearly half of the total market.”
Tags: Cratered, Crypto investing, Cryptocurrencies, Instant wealth, Market, Prices, Reckoning, Rocket ride, U.S., Value
