On the face of it, Liz Truss’s days as U.K. prime minister look numbered and her demise imminent. She’s been forced to throw out her entire economic policy program, fire her friend and finance minister Kwasi Kwarteng, and seen her poll numbers plummet to record depths.

Lawmakers in her Conservative Party are plotting to oust her, and on Tuesday, she appeared to lose the backing of two key Tory-leaning newspapers.

Why — and how — is Truss still in No. 10 Downing Street?