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May Steps Down as Leader of Britain’s Conservative Party

British Prime Minister Theresa May steps down as leader of the Conservative Party on Friday, and the first round of voting to elect her successor is expected next week. May will remain in the post until a new leader is chosen, likely by the end of July, but she relinquished control over the direction of Britain’s departure from the European Union, scheduled for Oct. 31. The next prime minister will have less than five months to decide whether to try to revive May’s plan and delay...

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