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British economy going down the slope, pound sees lowest level, bonds sinking

The UK is going through the worst financial crisis in years. The government seems to have lost complete control of the country's economy. British pound has fallen to the lowest level as against US dollar, while its bonds are plummeting.  The UK government announced this Friday - "Mini Budget" - 45 billion pound of unfunded tax cuts. This is being criticised by the financial experts as an irresponsible move that can weaken the overall economy.  Even International Monetary Fund has slammed the government's plans stating, “will likely increase inequality.”   This crisis has definitely caused a shameful and embarrassing situation for the new government, which is just few weeks old, headed by Ms Liz Truss. She was elected as the new Prime Minister defeating a promising leader Mr Rishi Sunak.  There is a big question mark on whether Truss-led government is even serious about the financial well being of the country. Their announcements of policy reforms and income tax ...

Violence against Hindu community in Leicester UK, 15 arrested

  A group of Muslims vandalised a Hindu place of worship in Leicester, UK. In the last couple of days, the country has been witnessing, a large scale and serious disorder due to the clashes between groups of Hindus and Muslims mainly in East Leicester.  The matter took an extreme turn when some Muslims vandalised a flag of Hinduism and a Hindu place of worship. High Commission of India, London condemned the act against Hindus, "We strongly condemn the violence perpetrated against the Indian Community in Leicester and vandalization of premises and symbols of Hindu religion."   Press Release: High Commission of India, London condemns the violence in Leicester. @MIB_India pic.twitter.com/acrW3kHsTl — India in the UK (@HCI_London) September 19, 2022   A video footage circulating on social media shows a man climbing on the boundry wall of a Hindu place of worship and bringing down the religious flags. Police personnel were seen trying to control the mob. ...

Prince Charles to King Charles

Prince Charles has now become the King Charles III after the demise of his mother the Queen Elizabeth II, who died on September 8.  The King was formerly the Prince of Wales.  His mother  was proclaimed Queen Elizabeth II at the age of 25, when her father, King George VI, died aged 56 on 6 February 1952.  The Royal Family website , however, gives detailed information about succession. It states, "the succession to the throne is regulated not only through descent, but also by Parliamentary statute. The order of succession is the sequence of members of the Royal Family in the order in which they stand in line to the throne." As per the website, the next in line is The Duke of Cambridge, Prince William, who is the elder son of King Charles. Since birth, he is second in line of succession after his father to the throne.  It says, "When James II fled the country in 1688, Parliament held that he had 'abdicated the government' and that the throne was vacant. The throne...

Queen Elizabeth II passes away at 96, having reigned 70 years

Queen Elizabeth II, who was put under medical supervision due to the growing health concerns, has sadly passed away at 96 in her Balmoral Castle in Aberdeenshire, Scotland, where she had gone for her summer break. All her children and grandchildren arrived there due to concerns about her health. A statement by His Majesty the King at the time of Queen's death, "The death of my beloved Mother, Her Majesty The Queen, is a moment of the greatest sadness for me and all members of my family." It further states, "We mourn profoundly the passing of a cherished Sovereign and much loved Mother. I know her loss will be deeply felt throughout the country, the Realms and the Commonwealth, and by countless people around the world." It ended with, "During this period of mourning and change, my family and I will be comforted and sustained by our knowledge of respect and deep affection in which The Queen was so widely held."     The Royal Family tweeted, " The Qu...

Queen Elizabeth II under medical supervision

Queen Elizabeth II, has been put under medical supervision due to the growing health concerns. She is in her Balmoral Castle in Aberdeenshire, Scotland, where she had gone for her summer break in July. All her children and grandchildren either have arrived or are on the way to be with her. "Following further evaluation this morning, The Queen's doctors are concerned for Her Majesty's health and have recommended she remain under medical supervision," says the statement put out by Buckingham Palace, which is quite unusual. The statement further adds, "The Queen remains comfortable and at Balmoral." The unexpected statements about Queen's health, who is 96 years old now, coming from Buckingham palace is definitely a matter of concern as these things are always kept private.   Recently, she appointed Ms Liz Truss as the new prime minister of the UK and was seen smiling while photographed. She always appoints new PM in Buckingham Palace in London, but this ti...