“Whenever there is change, there is disruption,” Liz Truss told the Conservative party conference last week. “And not everyone will be in favour.” This week, her chancellor, Kwasi Kwarteng, will fly out to Washington to meet at least one prominent critic.
The main focus of the International Monetary Fund annual meetings in the US capital will undoubtedly be the way the world responds to a succession of shocks: the Covid pandemic, Russia’s war in Ukraine and global heating. Global economic growth is faltering amid sky-high inflation and more natural disasters are sweeping the planet, while there are serious divisions between leading nations.
