Foreign secretary Liz Truss won the bitter race to succeed Boris Johnson as UK prime minister, and will take power with the country facing brutal economic headwinds. The foreign secretary, 47, emerged victorious on Monday after a two-month Conservative Party leadership contest that started with 11 candidates and concluded with a runoff against former Chancellor of the Exchequer Rishi Sunak. She defeated him by 81,326 votes to 60,399 in a ballot of party members — a narrower margin than polls had projected, illustrating the challenge she’ll face in trying to unite the party — and will now become Britain’s third female prime minister. (https://finance.yahoo.com/news/liz-truss-wins-leadership-race-114502071.html) The foreign secretary enjoyed double-digit leads over Sunak in polls of Tory members. That meant a Truss win has been anticipated for weeks, with markets reacting to her promise to tackle the cost-of-living crisis through tax cuts, and foreign capitals bracing for her combative brand of diplomacy.