Rishi Sunak, 42, was declared the new leader of Britain's Conservative Party on Monday, putting him on course to become the next prime minister of the U.K.
This comes after his rivals, former Prime Minister Boris Johnson and Penny Mordaunt, withdrew from consideration. Sunak will be the first person of color to ever hold the position of prime minister in the country, and will be the third leader in seven weeks, The New York Times reports. Sunak will be coming into the position with the country facing high levels of inflation and economic uncertainty.
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