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☆ Welcome to the age of geriatric millionaires
▼ + stars: | 2024-06-15 | by ( Juliana Kaplan | ) www.businessinsider.com time to read: +8 min

While it makes sense that time is often a crucial ingredient to accruing savings and assets, the average age of millionaires in the US has been rising faster than the average age of the overall population over the last three decades. How millionaires are changingSince 1992, the average age of the country's millionaires has been going up. That means that younger millionaires aren't joining their ranks fast enough to keep the average age steady. Millionaires are overrepresented beginning around age 50, but track pretty cleanly with the cohort in their 40's. What does it mean to have so many older millionaires?

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☆ UK general election: PM Rishi Sunak calls surprise July vote as his party seeks to defy dire polls
▼ + stars: | 2024-05-22 | by ( Rob Picheta | ) edition.cnn.com time to read: +6 min

London CNN —UK Prime Minister Rishi Sunak announced a snap general election for July 4 in a statement outside Downing Street on Wednesday evening, as his Conservative Party faces an uphill struggle to extend its 14 years in power. But a fall in inflation rates, announced earlier Wednesday, provided the backdrop for his announcement. The move will be welcomed by the buoyant Labour Party, led by Keir Starmer, which is soaring in the opinion polls and has sought to present itself as a reformed and moderate group that is ready for power. Sunak walks back inside on Wednesday after announcing the July 4 date for the election. But Johnson’s premiership collapsed after a string of scandals, paving the way for his then-finance minister Sunak to emerge as a frontrunner for the leadership.

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☆ King Charles, Visiting Kenya, Faces Calls to Answer for Colonial Abuses
▼ + stars: | 2023-10-31 | by ( Abdi Latif Dahir | More About Abdi Latif Dahir | ) www.nytimes.com time to read: +1 min

At 86, his gnarled hands grasping a walking stick as he ambled around his small patch of land facing Mount Kenya, Joseph Macharia Mwangi recalled with bitterness the years that he had spent fighting the British colonial government in Kenya. Seven decades ago, he had camped with Mau Mau rebels on that mountain and in the forests, braving frigid rain, lions and elephants. And when the colonial forces eventually captured him, he said he was tortured and sentenced to two years of hard labor. “The British forces were really hard on us. It is his first state visit to any member of the Commonwealth group of nations since he became king last year, and the first to an African country.

Persons: Joseph Macharia Mwangi, “, ”, Mwangi, Dedan, King Charles III Organizations: British, Commonwealth Locations: Mount Kenya, Kenya, Mau, British, East, African

☆ King Charles to Visit France in September, After Protests Forced Delay
▼ + stars: | 2023-08-24 | by ( Isabella Kwai | More About Isabella Kwai | ) www.nytimes.com time to read: +1 min

King Charles III of Britain announced plans on Thursday for a visit to France next month, his first trip to the country as monarch, after widespread demonstrations postponed a visit planned earlier this year and caused an awkward moment for President Emmanuel Macron. The British monarch and his wife, Queen Camilla, will visit Paris and Bordeaux from Sept. 20 to Sept. 22, Buckingham Palace said, adding that it would be a celebration of “the shared history, culture and values of the United Kingdom and France.”The French president had originally intended to host King Charles in March, in one of the king’s first overseas trips as Britain’s head of state. On the heels of a visit from Prime Minister Rishi Sunak, the plan for King Charles’s trip was a signal of a warming in the relationship between the two countries, which has been strained in the years since Britain formally left the European Union in 2021. But an outpouring of anger in March over a plan by Mr. Macron to raise the retirement age in France to 64 from 62 spurred huge street demonstrations and strikes, some of which turned violent. The strikes also disrupted train services, causing concerns over the travel logistics.

Persons: King Charles III of, Emmanuel Macron, Queen Camilla, Buckingham, ”, King Charles, Rishi Sunak, King Charles’s, Macron Organizations: Paris, European Union Locations: France, British, Bordeaux, United Kingdom, Britain

Prince Albert of Monaco said in an interview with People magazine that he and his wife, Charlene, would be attending. King Felipe VI of Spain, who ascended to the throne in 2014 after his father’s abdication, will attend, according to the Spanish news media. Crown Prince Fumihito of Japan and Crown Princess Kiko, on behalf of Emperor Naruhito and Empress Masako, will attend, according to the Japanese news media. Credit... Clodagh Kilcoyne/ReutersSeveral members of Britain’s government will attend, as will about 100 heads of state from around the world, according to Buckingham Palace. British RoyalsImage Prince Harry, center, will be present at the coronation, though his wife, Meghan, and their children, will remain in California.

☆ King Charles offers sympathy to those struggling with 'hardship' in first Christmas broadcast
▼ + stars: | 2022-12-25 | by ( Mithil Aggarwal | ) www.nbcnews.com time to read: +2 min

Britain’s King Charles III offered sympathy to those struggling with “great anxiety and hardship” in his first Christmas broadcast as the U.K.’s monarch Sunday, amid a spiraling cost-of-living crisis. First broadcast in 1932, the message from the monarch has aired on television and radio in Britain and Commonwealth countries for the last 90 years. There has also been a series of walkouts by public workers over wages amid historic inflation. Ambulance and paramedic workers went on a strike earlier in the week and have another planned for Dec. 28. Prime Minister Rishi Sunak insisted his government has acted “fairly and reasonably” in public sector pay negotiations.

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