Charles III and his wife Camilla were crowned King and Queen Saturday at Westminster Abbey, during a historic ceremony not seen since 1953 when the late Elizabeth II accessed the throne. Most people camped joyfully for days outside Buckingham Palace waiting for the opportunity to greet the sovereign despite the rainy weather. But there were also some unruly demonstrations against the monarchy, which led to some arrests, it was reported from London.
Falkland Islands, a British Overseas Territory, joined in the celebrations of the coronation of His Majesty King Charles III and Her Majesty Queen Camilla on Saturday. The Islands were represented by a group of individuals who took part in the festivities in London, including Members of the Falkland Islands Defence Force, DC Helen Taylor from the Royal Falkland Islands Police, MLA Teslyn Barkman, Her Excellency The Governor, Alison Blake CMG, and Falkland Islands Representative, Richard Hyslop.
In a debt for nature swap, Credit Suisse has announced buying Ecuadorian bonds worth US$1.6 billion. With Ecuador in severe financial turmoil, the bonds were trading well below face value as investors considered non-repayment to be likely. Effectively, Ecuador has now bought its own debt back at a knock-down price via a fresh loan from Credit Suisse.
Labour leader Sir Keir Starmer says his party is on track to win the next general election after the Tories were hammered in local polls across England, reports BBC. The Tories have lost 48 councils and more than 1,000 councilors, exceeding their worst predictions.
According to a Moody's Analytics report published this week, Latin America will lose productivity to climate change if it does not take swift action. The document titled Latin America under the risk of climate change explained that governments, companies, and financial institutions should adopt preventive measures to reduce carbon emissions, in order to mitigate eventual damages caused by climate change.
Contrary to all the pageantry, rituals, and displays of past Coronations in the United Kingdom, this time Argentina is sending no special, much less extraordinary delegation to the coronation of King Charles III on Saturday, and is limited to the attendance of its ambassador in London, Javier Figueroa.
According to the Argentine Central Bank's (BCRA) Market Expectations Survey (Relevamiento de Expectativas de Mercado - REM) report published Friday, the panel of economists issuing that document has made an upward correction to their inflation forecasts for 2023, placing it at 126.4%, or 16.4 percentage points above April's projections, while last month's Consumer Price Index (CPI) is believed to be of 7.5%. The National Institute of Statistics and Census (Indec) will release the official data on May 12.
Despite this week's report by the Inter-American Commission on Human Rights (IACHR) condemning the killings of demonstrators, Peru's one-house Congress Friday decided to shelve the case against President Dina Boluarte and several cabinet members, it was reported in Lima.
Paraguay's National Police Friday arrested former Senator Paraguayo Payo Cubas, the National Crusade Party's (PCN) presidential candidate, who finished third in last Sunday's elections with nearly 23% of the votes, for sparking demonstrations nationwide denouncing electoral fraud.
When in October 2022, Buckingham Palace announced that the Coronation of King Charles III, would take place on Saturday, 6 May 2023, international flight bookings to the UK increased 149% for trips during those regal events.