The key chair of Kwasi Kwarteng , the first holder of the Finance and Treasury of African origins in British history, leaps into the Tory government of Liz Truss.

The 47-year-old minister resigned scarcely 40 days after the birth of the new cabinet that succeeded that of Boris Johnson in the wake of the political and financial storm fueled in recent weeks by the debut "mini budget maneuver" of a hyper liberal imprint - containing cuts tax billionaires in deficit despite inflation, the global crisis and the rise in rates - which he announced in Parliament on 23 September .

The de facto torpedoing of Kwarteng , recalled in advance in the past few hours by a mission to the US before an announced press conference in which Truss is expected to backtrack out on key fiscal measures of the "mini maneuver", aims to ease the pressure on the premier . But it actually risks weakening its position even more , given that it is essentially a matter of sacrificing an ally of the first hour and giving in to the ultimatums of the markets and internal protesters of the Tory majority.

Kwasi Kwarteng, born in England to parents of the Ghanaian bourgeoisie who emigrated to the United Kingdom and a rising star of the conservative liberal right with studies at the University of Cambridge behind him, pays for the risk of the September maneuver , the erroneous calculations on the backlashes and the mix of uncertainty and arrogance attributed to him on the communication front.

The announcement of his resignation , even before the formalization of Downing Street with the exchange of ritual letters with the premier and the formal acknowledgments for the work done, came from the BBC . The British broadcaster underlines how Kwarteng becomes the most ephemeral chancellor in the entire British history , with the exception of Iain Macleod, who died in 1970 just 30 days after receiving the post.

THE NEW APPOINTMENT - Kwarteng is now replaced by Jeremy Hunt , 56, a veteran of various British governments and former foreign minister under Theresa May. Liz Truss chose him, according to the Guardian, to try to reunify a Conservative Party in revolt against her. Hunt is considered a moderate, was Boris Johnson's number one challenger for the 2019 Tory leadership, and supported former Chancellor Rishi Sunak against Truss herself in the post-BoJo race.

(Unioneonline / vl)

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