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New PM Sunak says UK faces profound economic challenge

Rishi Sunak, who has been elected the new prime minister of the UK and the new leader of the ruling Conservative Party, made his first speech at the Conservative Party headquarters. Sunak thanked former Prime Minister Liz Truss for her public service and said, “I’d like to pay tribute to Liz Truss for her dedicated public service to the country. She has led with dignity and grace through a time of great change and under exceptionally difficult circumstances both at home and abroad.”

Sunak said, “I am honored to have the support of my parliamentary colleagues and to be elected as the leader of the Conservative and Unionist Party. It is the greatest privilege of my life to be able to serve the party I love and give back to the country I owe so much.”

Drawing attention to the economic disruptions in the country, Sunak said, “There is no doubt, we face a profound economic challenge. We now need stability and unity, and I will make it my top priority to bring our party and our country together.”

After Penny Mordaunt withdrew from the British prime ministerial race, 42-year-old Sunak became both the youngest and the first Indian-British prime minister in British history without a vote. King Charles III is expected to entrust Rishi Sunak with the task of forming the government as soon as possible, with Sunak officially taking office as prime minister tomorrow.

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Iran Warns Europe Over Nuclear Dispute

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Iranian Foreign Minister Abbas Arakchi issued a stern warning to the UK, Germany, and France, accusing them of making a “new strategic mistake” regarding Tehran’s nuclear program. In a social media post, Arakchi said, “Iran will give a tough and determined response to the violation of its rights,” criticizing the European trio for backing a resolution against Iran at the IAEA Board of Governors.

Arakchi condemned the move as baseless, recalling past disputes in 2005 which led to the expansion of Iran’s uranium enrichment. “Have these three really not learned any lessons in the last twenty years?” he said.

Meanwhile, the IAEA reported on May 31 that Iran’s 60% enriched uranium stockpile had grown from 274.8 kg in February to 408.6 kg by May 17. In response, the UK, Germany, and France are reportedly preparing to refer Iran’s file to the UN Security Council, which could activate the “snapback” mechanism and reimpose UN sanctions.

 

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