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UK Prime Minister Announces Resignation; Former Federal Reserve Chairman Alan Greenspan dies at 100

British Prime Minister Keir Starmer said on Monday that he would resign as leader of the Labour Party, bowing to pressure from within his party to step down. This opens the door to a leadership contest to replace him as Britain’s next leader.

Alan Greenspan, the jazz-playing U.S. Federal Reserve chair who was celebrated for engineering a decade of prosperity but later shared the blame for a devastating financial crisis, died on Monday. He was 100.

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