Margaret Thatcher, the former U.K. prime minister who helped end the Cold War and was known as the ‚ÄúIron Lady‚ÄĚ for her uncompromising style, died today. She was 87.
‚ÄúShe had a stroke this morning and died peacefully,‚ÄĚ her spokesman, Tim Bell, told Sky News television. ‚ÄúWe‚Äôll never see the like of her again. She was one of the great prime ministers of all times. She transformed people‚Äôs lives.‚ÄĚ
When Thatcher took office in 1979, Britain‚Äôs trade unions were strong enough to knock out party leaders they opposed, and key industries, including utilities, were state-owned. By the time she stepped down 11 years later, her arguments for free- market economics, lower taxes and deregulated financial markets had been adopted across the nation‚Äôs political spectrum.
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