Home Weekly Reviews Economic and Political weekly 07-05-2023

Economic and Political weekly 07-05-2023

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Muhammad Arif : Chairman Centre of Advisory Services for Islamic Banking and Finance (CAIF), Former Head of FSCD SBP, Former Head of Research Arif Habib Investments and Member IFSB Task Force for development of Islamic Money Market, Former Member of Access to Justice Fund Supreme Court of Pakistan

 

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Politics

King Charles III crowned at London’s Westminster Abbey

King Charles III crowned at London's Westminster Abbey

King Charles III was crowned on Saturday in Britain’s biggest ceremonial event for seven decades, a sumptuous display of pageantry dating back 1,000 years.

In front of a congregation of about 100 world leaders and a television audience of millions, the Archbishop of Canterbury, the spiritual leader of the Anglican Church, slowly placed the 360-year-old St Edward’s Crown on Charles’ head as he sat upon a 14th-century throne in Westminster Abbey.

The historic and solemn event dates back to the time of the 74-year-old’s predecessor William the Conqueror in 1066.

Charles’ second wife Camilla, 75, will be crowned queen during the two-hour ceremony, which while rooted in history, is also an attempt to present a forward-looking monarchy, with those involved in the service reflecting a more diverse Britain and leaders from all faiths.

For a nation struggling to find its way in the political maelstrom after its exit from the European Union and maintain its standing in a new world order, its supporters say the royal family provides an international draw, a vital diplomatic tool and a means of staying on the world stage.

Iran hangs Swedish-Iranian convicted over attack that killed 25 people