FirstFT: Queen Elizabeth II has died

0
131


This text is an on-site model of our FirstFT e-newsletter. Signal as much as our Asia, Europe/Africa or Americas version to get it despatched straight to your inbox each weekday morning

Queen Elizabeth II, Britain’s longest-serving monarch, has died, leaving her individuals in mourning however reflecting on a lifetime of obligation wherein she sure the nation collectively by 70 years of momentous change.

Her demise, on the age of 96, was introduced by Buckingham Palace at 6.30pm BST on Thursday. It marked a watershed second within the lifetime of the nation, leaving it with out its “matriarch”.

The Prince of Wales was at her bedside at Balmoral, her beloved citadel within the Scottish Highlands, together with different members of the royal household. In the intervening time of her passing, her son became King Charles III.

The brand new King stated his mom’s demise was a second of “the best disappointment for me and all members of my household”. He stated the household can be “comforted and sustained” by the respect and affection felt in direction of the Queen in Britain and throughout the Commonwealth.

Flags throughout the nation flew at half mast, whereas at Westminster a band performed “God Save the King”. As nightfall fell, 1000’s of individuals amassed outdoors Buckingham Palace to pay tribute.

World leaders have shared their condolences from around the globe. Authorities representatives for Australia within the UK stated residents in each international locations have been “united of their grief”. India’s prime minister Narendra Modi stated he was “pained” by the demise of the Queen, saying she can be remembered as a “stalwart of our occasions”.

We remember the life of Queen Elizabeth II and her seven decades of service here.

Go to FT.com for the latest developments following the Queen’s passing.

Learn extra:

  • The Queen was a permanent image of id, a pivot round which her nation modified maybe much more profoundly than throughout the reign of her long-lived great-great-grandmother, Victoria, writes our editorial board.

  • In a nation beset by financial troubles, scarred by the polarisation of its politics and unsure of its place on the earth, the Queen was a vital anchor, Philip Stephens writes.

What did Queen Elizabeth II imply to you? Share your ideas with us at [email protected]. Thanks for studying FirstFT Asia. — Emily

1. Evergrande lender seizes headquarters Evergrande’s Hong Kong headquarters has been seized by a lender after the struggling Chinese language property developer defaulted on a mortgage and twice didn’t promote the constructing, in line with 4 individuals with information of the matter. The lender, whose id has not but been confirmed, knowledgeable Evergrande earlier this week that it had appointed a receiver to take cost of the property.

2. EY bosses approve radical break-up of Large 4 agency The plan, which might reshape the accounting industry, follows a summer season of delays and inside disagreements over how a break up ought to work as EY goals for a inventory market itemizing of its advisory arm late subsequent yr. It would now proceed to a vote of 13,000 companions.

3. ECB raises charges by 75 foundation factors The transfer by the European Central Financial institution, which was unanimously backed by all 25 members of the governing council and matches the ECB’s earlier greatest enhance in borrowing prices, lifts the financial institution’s benchmark deposit price from zero to 0.75 per cent — the highest level since 2011. ECB president Christine Lagarde added that there can be “a number of” price rises within the coming month.

4. Ukraine claims vital features in counter-offensive Ukraine claimed to have regained territory in its jap areas within the most successful counter-attacks since troops repelled an assault on Kyiv and the north-east by Russian forces within the first months of the struggle.

5. Liz Truss unveils £150bn UK vitality plan The dramatic state intervention to defend Britain from hovering vitality prices was accompanied by guarantees to extend home oil and fuel manufacturing, restart fracking for shale fuel and reform the vitality market. The plan, nonetheless, consists of simply six months’ cowl for enterprise in contrast with two years for households.

Have you ever stored up with the information this week? Take our quiz.

The day forward

China shopper worth index and producer worth index figures August information are set to be launched. In July consumer price inflation reached 2.7 per cent for the month, simply shy of estimates of economists polled by Bloomberg of two.9 per cent. See how your country compares on rising prices.

Tajikistan Independence Day The nationwide vacation will likely be marked at this time. When a lot journey was halted in 2020, Sophy Roberts reminisced about travelling off the beaten track in Tajikistan.

What else we’re studying

Can Japan feed itself? When the Japanese meals retail trade’s collective doorways open on October 1, customers who’ve barely skilled inflation because the early Nineties will likely be hit by the most severe price shock in nearly two generations. With out speedy agricultural reforms, the nation is weak to an intensifying world meals disaster.

India and China undercut Russia’s oil sanctions ache A Monetary Occasions evaluation exhibits India and China imported 11mn extra tonnes of oil from Russia within the second quarter of 2022 in contrast with the primary quarter. The gross sales offset many of the fall in shipments to Europe and raise questions about the impact of sanctions on Moscow.

North Korea seizes on Russian isolation to deepen ties with Putin The disclosure that Russia has bought “thousands and thousands of rockets and artillery shells” from North Korea is the most recent signal of warming ties between the countries, after Pyongyang broke with Chinese language coverage in July and recognised the breakaway territories of Luhansk and Donetsk in Russian-occupied Ukraine.

How a tiny particle that may journey by concrete might save lives Engineers use X-rays, ultrasound and radar to hunt for indicators of corrosion and potential failure in concrete. However all have limitations. Now, utilizing particles from area, scientists are creating know-how to securely and cheaply see by nearly any construction on the planet. Believers say the muon revolution is just two or three years away.

Queen Elizabeth II: a life in footage

Discover these enduring images of the journey to the throne and the service of Britain’s longest-reigning monarch

© PA

Disrupted Occasions — Documenting the adjustments in enterprise and the financial system between Covid and battle. Join here

Asset AdministrationSign up here for the within story of the movers and shakers behind a multitrillion-dollar trade



Source link

LEAVE A REPLY

Please enter your comment!
Please enter your name here