UK’s Kwarteng scraps tax cut after market meltdown – POLITICO

Press play to listen to this article U.K. Chancellor Kwasi Kwarteng has junked his plan to cut taxes for high earners after a backlash from financial markets and Conservative Party colleagues that plunged his country into economic crisis. “We get it, and we have listened,” Kwarteng said as he announced the dramatic U-turn on Twitter … Read more

How the far-right got out of the doghouse – POLITICO

Press play to listen to this article European far-right politicians just stormed to victory in Italy, after achieving historic results in France and Sweden. “Everywhere in Europe, people aspire to take their destiny back into their own hands!” said Marine Le Pen, the leader of France’s far-right National Rally Party.  But if you think there … Read more

‘Grotesque’ Russian disinfo campaign mimics Western news websites to sow dissent – POLITICO

Press play to listen to this article In Germany, news magazine Der Spiegel warned about natural gas shortages. In the United Kingdom, the Guardian, another media outlet, raised doubts about Russian war crimes in Ukraine. In Italy, Ansa, a leading news agency, criticized Kyiv’s storage of much-needed grain. These news stories were all promoted extensively … Read more

Liz Truss’ honeymoon canceled as pound plummets and UK borrowing costs soar – POLITICO

Press play to listen to this article LIVERPOOL, England — As an inexperienced leader taking charge of a country in crisis, Liz Truss knew she needed to hit the ground running this month. But three weeks into her fledgling premiership, the new U.K. prime minister finds herself scrambling to stay ahead of events as last … Read more

Putin is at war with all of Europe, Spain’s Pedro Sánchez says – POLITICO

NEW YORK — Russia is at war not only with Ukraine, but with the whole EU — and it’s losing, according to Spanish Prime Minister Pedro Sánchez. Russian President Vladimir Putin is “using energy as a war tool” because he is threatened by the EU’s values, Sánchez told POLITICO in New York, where more than 150 … Read more