Ian Bremmer's Quick Take: Hi everybody. Ian Bremmer here. Breaking news waits for nobody as I'm in a car on the way to a very early morning flight on the West Coast in the US. But no, Liz Truss has resigned.

We all knew it was coming, but of course, she gets to pick the actual moment of 44 days. Shortest-lived, most shambolic premiership in British history. And I mean, truly coming at a horrible time for the country. The economy is in free fall. Inflation, much worse than in the United States. An energy crunch coming this winter. You thought that the Boris Johnson premiership was bad, and it was certainly clownish. There were lots of scandals. But in terms of policy at least they were much more coherent, if not always correct than Truss' month and a bit.