-
Kenya's economy faces climate change risks: World Bank
-
Oil wavers, stocks rise as attention turns to US Fed
-
China tech giant Tencent bets on AI agents
-
Israelis shelter with pets from threat of Iran missiles
-
Deadly strikes across Mideast as Iran vows revenge on slain security chief
-
Brussels to unveil 'EU Inc' pan-European company status
-
Brazil starts to restrict minors' access to social media
-
US Fed expected to hold rates steady as Iran war's shockwaves ripple
-
Oscars audience drops, viewing figures show
-
Nvidia says restarting production of China-bound chips
-
US airlines still see strong demand as jet fuel worries loom
-
Milei blasts Iran on anniversary of attack on Israeli embassy
-
Leftist New York mayor under pressure on Irish unity question
-
Iran vets friendly ships for Hormuz passage: trackers
-
Ships in Gulf risk shortages on board, industry warns
-
New particle discovered by Large Hadron Collider
-
US Fed expected to keep rates steady as Iran war impact looms
-
Kerr 'frustrated' at six-figure sum owed to him by Johnson's failed Grand Slam Track
-
Oil prices climb as fresh strikes target infrastructure
-
Belgian diplomat ordered to stand trial over 1961 Congo leader murder
-
War threatens Gulf's dugongs, turtles and birds
-
Germany targets oil firms to prevent wartime price gouging
-
EU to help reopen blocked oil pipeline in Ukraine
-
Cash handouts, fare hikes as Philippines battles soaring fuel costs
-
Indonesia weighs response to price pressures from Middle East war
-
In Hollywood, AI's no match for creativity, say top executives
-
Nvidia chief expects revenue of $1 trillion through 2027
-
Nvidia making AI module for outer space
-
Migrant workers bear brunt of Iran attacks in Gulf
-
Trump vows to 'take' Cuba as island reels from oil embargo
-
Equities rise on oil easing, with focus on Iran war and central banks
-
Nvidia rides 'claw' craze with AI agent platform
-
Damaged Russian tanker has 700 tonnes of fuel on board: Moscow
-
Talks towards international panel to tackle 'inequality emergency' begin at UN
-
EU talks energy as oil price soars
-
Swiss government rejects proposal to limit immigration
-
Ingredients of life discovered in Ryugu asteroid samples
-
Why Iranian drones are hard to stop
-
France threatens to block funds for India over climate inaction
-
"So proud": Irish hometown hails Oscar winner Jessie Buckley
-
European bank battle heats up as UniCredit swoops for Commerzbank
-
Italian bank UniCredit makes bid for Germany's Commerzbank
-
AI to drive growth despite geopolitics, Taiwan's Foxconn says
-
Filipinas seek abortions online in largely Catholic nation
-
'One Battle After Another' wins best picture Oscar
-
South Koreans bask in Oscars triumph for 'KPop Demon Hunters'
-
'One Battle After Another' dominates Oscars
-
Norway's Oscar winner 'Sentimental Value': a failing father seeks redemption
-
Indonesia firms in palm oil fraud probe supplied fuel majors
-
Milan-Cortina Paralympics end as a 'beacon of unity'
Sunak appointed crisis-hit UK's first prime minister of colour
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 its stricken finances after Liz Truss lasted just 49 days.
Sunak was set to speak 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.
Departing Downing Street a little before, Truss wished Sunak "every success" and said she remained "more convinced than ever" that Britain needed to be "bold" in confronting the challenges it faced.
Sunak became the ruling Conservatives' new leader on Monday after triumphing over rival contender Penny Mordaunt, who failed to secure enough nominations from Tory MPs.
It had become a two-way fight after Johnson dramatically aborted a comeback attempt late Sunday, having failed to persuade Sunak to share power. He has maintained a deafening silence since.
Sunak, a Hindu, is the first British-Indian prime minister and, at 42, the youngest leader in more than two centuries.
US President Joe Biden called the choice "groundbreaking", and vowed to reach out to Sunak shortly.
Sunak took power in a morning audience with Charles -- who anointed his first prime minister since ascending the throne following the death of his mother Queen Elizabeth II.
- 'Unite or die' -
Britain's Conservative-supportingmedia hailed Sunak's appointment.
"The force is with you, Rishi," ran The Sun's headline, in a reference to Sunak's love of "Star Wars" films. The Daily Mail called it "a new dawn for Britain".
But the left-leaning Guardian highlighted Sunak's warning to Conservative MPs that the party must "unite or die".
Truss left office as the shortest-serving premier in history, after a calamitous tax-slashing budget sparked economic and political turmoil.
The 47-year-old announced her resignation last Thursday, admitting she could not deliver her mandate from Conservative members -- who had chosen her over Sunak in the summer to replace Johnson.
Sunak has now staged a stunning turnaround in political fortunes, and vowed to do the same for Britain as it confronts decades-high inflation, surging borrowing costs and imminent recession.
He also faces the uphill task of uniting a party riven with divisions and infighting.
Iain Duncan Smith, a former Conservative leader, said MPs now understood the "existential threat" facing the Tories, and that they needed to unite or accept being "out of power for a long time".
- 'Difficult decisions' -
After delivering the now all-too-familiar new leader's speech, Sunak started appointing his top team before facing his first session of "Prime Minister's Questions" in parliament on Wednesday.
Finance minister Jeremy Hunt -- appointed by Truss just 11 days ago in a bid to salvage her premiership -- could remain in the role after stabilising the markets.
He endorsed Sunak on Sunday, writing in the Telegraph that he was a leader "willing to make the choices necessary for our long-term prosperity".
After reversing almost all of Truss's various tax cuts, Hunt has warned "difficult decisions" loom over public spending.
Whoever heads the Treasury is set to unveil the government's much-anticipated fiscal plans on October 31.
Sunak must also decide whether to appoint to his cabinet senior MPs who did not support him, such as Mordaunt, in a bid to unify his fractured party.
One unlikely to get a seat around the table is former boss Johnson, who was driven out in July partly thanks to Sunak's resignation.
On Sunday he announced he would not go forward with his audacious leadership bid.
- 'No mandate' -
Sunak, a wealthy descendant of immigrants from India and East Africa, is also facing calls for a general election after becoming the latest leader who lacks a direct mandate from the electorate.
Pollster Ipsos said Monday that 62 percent of voters want a vote by the end of the year.
"He has no mandate, no answers and no ideas," Labour's deputy leader Angela Rayner tweeted.
Ed Davey, leader of the Liberal Democrats, said young people would be "inspired" by the appointment of the first British-Asian leader -- but also insisted it was time for a general election.
"Given the Conservatives have trashed the economy... I guess one's not surprised that they're scared of the British public," he told Times Radio.
That appears unlikely as a flurry of polls show Labour with its largest lead in decades.
O.Hansen--CPN