tax cuts

What We're Watching

Israel reportedly warns Lebanon, China-Japan tiff escalates, Canada says it will give aid to Cuba

Israel indirectly warned Lebanon that it would strike its northern neighbor hard if the Iran-backed militia group Hezbollah gets involved in any future US-Iran conflict, two Lebanese officials told Reuters.

What's Good Wednesdays

What’s Good Wednesdays™, February 18, 2026

Upheaval in UK: the sobering challenges facing new PM Truss & new King Charles III

GZERO World with Ian Bremmer

Upheaval in UK: the sobering challenges facing new PM Truss & new King Charles III

In early September, in just 48 hours the UK got a new prime minister (Liz Truss) and a new king (Charles III, following the death of Queen Elizabeth II). Both take over at a turbulent time in British politics, with no shortage of current and future challenges. To name just a few: a stagnant economy, sky-high energy prices, more Brexit fallout with the EU, and Scots demanding a fresh independence vote. On GZERO World, Ian Bremmer speaks to former British PM Tony Blair (1997-2007), who believes there will be a lot of uncertainty over the next year or two if Truss insists on big tax cuts and big borrowing.

Tony Blair on Liz Truss & a post-Brexit UK on the brink

GZERO World Clips

Tony Blair on Liz Truss & a post-Brexit UK on the brink

Despite sky-high inflation and a plummeting pound, the UK’s newly installed PM Liz Truss has introduced tax cuts — requiring a lot more government borrowing — which she says will boost the UK’s sluggish growth rate. This approach, which could result in the Bank of England increasing interest rates even more to tackle inflation, is ruffling feathers in Westminster and negatively impacting markets around the globe. On the sidelines of the UN General Assembly, Ian Bremmer sat down with former UK Prime Minister Tony Blair on GZERO World to discuss Britain’s economic woes and recent change in leadership.