U.S. President Joe
Biden says he thought British Prime Minister Liz Truss' original economic plan
was a mistake and that he wasn’t alone. Truss’ plan led to a steep dive in the
value of the British pound.
"I wasn't the only
one that thought it was a mistake," Biden said to reporters during a stop
at an ice cream shop in Oregon where he was helping campaign for Tina Kotek,
who is running for Oregon governor.
The White House has
refrained from commenting on Truss' problems and when asked about the strength
of the U.S. dollar, Biden said, "I'm not concerned about the strength of
the dollar. I'm concerned about the rest of the world."
Earlier Saturday,
Britain's new finance minister, Jeremy Hunt, said some taxes would go up and
tough spending decisions were needed, saying the prime minister had made
mistakes as she battles to keep her job just more than a month into her term.
In an attempt to
appease financial markets that have been in turmoil for three weeks, Truss
fired Kwasi Kwarteng as her chancellor of the exchequer on Friday and scrapped
parts of their controversial economic package.
Biden also told
reporters in Oregon something he’d said a day earlier in California: that he
was surprised by the courage of the people taking to the streets in protest in
Iran. He was commenting on the weeks of unrest in Iran since a young woman was
killed in police custody.
VOA
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