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Britain’s King Charles III (left) greets newly appointed Conservative Party leader and incoming prime minister Rishi Sunak during an audience at Buckingham Palace in London on Oct 25, 2022, where Mr Sunak was invited to form a government. (Reuters photo)
Britain’s King Charles III (left) greets newly appointed Conservative Party leader and incoming prime minister Rishi Sunak during an audience at Buckingham Palace in London on Oct 25, 2022, where Mr Sunak was invited to form a government. (Reuters photo)

New PM Rishi Sunak pledges to lead Britain out of economic crisis

LONDON,  (Reuters) – Rishi Sunak became Britain’s third prime minister in two months yesterday and pledged to lead the country out of a profound economic crisis and rebuild trust in politics.

Chile amends mining royalty bill with flat 1% ad valorem rate  

(Reuters) – Chile’s government yesterday amended a proposed mining royalty bill that drew criticism from miners, removing provisions that assessed higher rates for larger miners and linked payments to copper prices, while implementing a flat 1% ad valorem tax rate for large producers.

Sunak favourite to be UK PM after Johnson drops comeback bid

LONDON, (Reuters) – Rishi Sunak looked set to become Britain’s next prime minister after Boris Johnson withdrew from the contest yetserday, saying that although he had enough support to make the final ballot he realised the country and the Conservative Party needed unity.

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