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U.S. to maintain close relationship with UK, White House says
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WASHINGTON (Reuters) -The United States will continue its close relationship with Britain and the successor to British Prime Minister Liz Truss, White House Chief of Staff Ron Klain said on Thursday after the UK leader announced her resignation.
WASHINGTON (Reuters) -The United States will continue its close relationship with Britain and the successor to British Prime Minister Liz Truss, White House Chief of Staff Ron Klain said on Thursday after the UK leader announced her resignation.
U.S. President Joe Biden will issue a statement later on Thursday, his top aide added.
“Our country’s always had a special relationship with the United Kingdom without regard to the partisan affiliation of our president or the politics of their prime minister,” Klain told MSNBC in a televised interview. “That’s going to continue no matter who the UK picks as their next prime minister.”
Klain cited many shared causes, including Russia’s aggression in Ukraine, as areas where the two historic allies would continue to be aligned.
“We’re going to work very, very closely with whomever succeeds Prime Minister Truss,” he said.
Truss announced her resignation on Thursday, just six weeks after being appointed, with a leadership election in her Conservative Party expected within the next week.
Truss’ tenure was derailed by her economic program, which sent shockwaves through financial markets and was all but abandoned.
(Reporting by Susan Heavey; editing by Paul Grant and Doina Chiacu)
Brexit refers to the United Kingdom's decision to leave the European Union, a process that began with a referendum in June 2016. It has significant implications for trade, immigration, and economic policies.
The UK economy encompasses the economic activities and financial systems of the United Kingdom, including trade, industry, and services. It is one of the largest economies in the world.
Financial markets are platforms where buyers and sellers engage in the trading of assets such as stocks, bonds, currencies, and derivatives. They play a crucial role in the economy by facilitating capital flow.
Foreign investment involves investing capital in a country by individuals or entities from another country. It can take the form of direct investment in businesses or purchasing financial assets.
International capital refers to funds that are invested across national borders. It includes investments in foreign stocks, bonds, and real estate, and is essential for global economic growth.
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