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Denmark’s King Frederik X Takes The Throne After Abdication Of Queen
Denmark’s King Frederik X has ascended to the throne following his mother, Queen Margrethe II’s resignation, appearing emotional as he waved to the thousands who came to the capital, Copenhagen, to witness the beginning of a new era.
Many Danes had only known his mother Margrethe as a monarch. However, her surprising abdication after more than five decades on the throne cleared the way for her son, former Crown Prince Frederik, to succeed her.
Margrethe signed a statement of her abdication, officially handing the throne to Frederik, during a cabinet meeting at Christiansborg Palace in Copenhagen, the Danish capital.
Denmark’s King Frederik X Takes The Throne After Abdication Of Queen
Despite the cold weather, large crowds gathered in Copenhagen’s streets, with the occasional burst of song reverberating across the crowds as they waited for the historical moment.
Mette Frederiksen, the Danish Prime Minister, then officially proclaimed the King’s accession from the palace balcony, a ritual that dates back to the 1849 constitution.
After the proclamation, Frederik delivered a brief address before being joined by his Australian-born wife, Queen Mary and their four children, including Crown Prince Christian, the new heir to the throne.
“Today, the throne is passed on. “My ambition is to become the unifying king of tomorrow,” Frederik stated. His mother, he declared, “will be remembered forever as an extraordinary regent.”
Prime Minister Frederiksen extended “a deepfelt and devoted thanks” to Queen Margrethe on behalf of the nation.
“Being queen and King is a link in a more than thousand-year-old chain. When one steps aside, the next is ready. And the crown prince who has now become our monarch is a king that we know, like, and trust,” she stated.
Kasper Wiigh Larsen, 45, was among the thousands of people lined the capital’s streets. “It brought tears in a joyful way to see him do so well up on the balcony, both with his speech and when Mary came out and held his hands and finished with a kiss,” a source told Reuters.
Britain’s King Charles III, crowned last summer, welcomed the new King and queen.
“I look forward to working with you on ensuring that the enduring bond between our countries, and our families, remains strong, and to working together with you on issues which matter so much for our countries and the wider world,” he wrote in his letter.
Margrethe, aged 83, was Europe’s oldest reigning monarch and the world’s last reigning queen. In a breathtaking live address on New Year’s Eve, she announced the end of her historic 52-year career.
She stated that after a recent back surgery, she had considered “whether now would be an appropriate time to pass on the responsibility to the next generation” and had decided “that now is the right time.”
The queen appeared distraught, saying, “God save the King,” as she signed the Council of State, gave up the throne, and fled the room.
Denmark’s King Frederik X Takes The Throne After Abdication Of Queen
According to the Danish Royal House, Margrethe will continue to be titled as Her Majesty and can be appointed acting regent. This implies she can execute her duties as head of state when neither King Frederik nor Crown Prince Christian is available, such as if they are away. Other Danish royals who can serve as acting regents if necessary include Mary, Frederik’s brother Prince Joachim, and his aunt, Princess Benedikte.
While the Danish monarchy is one of Europe’s oldest, dating back over a thousand years, there is no traditional crowning ceremony. As a result, foreign leaders and high-profile dignitaries did not attend, with the Danish transition being a far less dramatic event than King Charles III’s coronation in May.
Nonetheless, the streets were packed with fans enjoying the spectacle.
Denmark is a constitutional monarchy; the royals serve as significant but symbolic ambassadors and sign new legislation. The elected parliament and its government are situated at Christiansborg Palace in the middle of Copenhagen, the capital.
On Sunday, King Frederik X paid his final visit as crown prince and left Denmark, Greenland, and the Faroe Islands as their governing King.
Birgitte Borup, culture editor at Danish newspaper Berlingske, told CNN that the transfer between monarchs will be “very different” from 1972 “simply because the queen is still alive.”
“For the first time in 900 years, a Danish king or queen has abdicated.” It will be a more celebratory affair than the last time a young Margrethe took over,” she stated. “The queen’s decision to abdicate was shocking, but most Danes seem to understand that she wants to pass on the torch due to declining health.”
In Denmark, monarchs seldom abdicate. The last Danish King to do so was King Eric III, who gave up the crown in 1146 to join a monastery. However, the tradition is more frequent in other European royal houses.
Borup stated that Denmark was “entering a new modern era” and that, while Frederik had broad support from Danes throughout his tenure as crown prince, he would have work to do as monarch.
Denmark’s King Frederik X Takes The Throne After Abdication Of Queen
“He might continue to make the monarchy more accessible to the public. His greatest job will be to keep the monarchy popular and relevant in the coming years.
Back in Denmark, the royal couple gained followers and tried to modernize the monarchy, raising their four children – 18-year-old Christian, 16-year-old Isabella, and 13-year-old twins Vincent and Josephine – in as normal a manner as possible and sending them to public schools.
The Danish royal family is less formal than its British counterparts. They have been commended for their down-to-earth demeanour and are frequently seen out and about, shopping, dining, or riding bicycles in public, just like the rest of the population.
These topics covered by Frederik and Mary’s responsibilities covered climate catastrophe, sustainability, public health, and women’s and girls’ rights, which have helped them gain popular trust.
Borup stated that Mary may not have been born a royal, “but you’d think she was.”
“She carries herself with such grace and is an amazing representative for the nation of Denmark,” the Berlingske culture editor wrote. “She is known for always being well-prepared and has taken on some significant duties, such as raising awareness about domestic abuse.
“When Mary and Frederik met in Australia, the notion went that she was fortunate to run across a fairytale prince. I believe time has proven he was much lucky.”
SOURCE – (CNN)
News
Canadian Man Arrested for TikTok Video That Threatened Trudeau
A TikTok video that went live earlier this week has led to a Toronto man facing charges of threatening Prime Minister Justin Trudeau and Deputy Prime Minister Chrystia Freeland. Andrew Marshall, 61, is facing two counts of uttering threats.
On Friday afternoon, the Ontario Court of Justice granted him bail with a surety and restrictions after the RCMP charged him on Wednesday.
Following Monday’s upload to TikTok, CBC Toronto conducted its own independent investigation of the video. Marshall vehemently opposes what he perceives as restrictions on free expression in Canada in it.
“I get them taken down all the time— I make videos — or all my comments, that are just simple comments,” Marsh says in the TikTok. “It’s just getting ridiculous, Marshall said.”
According to the CBC more and more people are threatening politicians. The commissioner of the RCMP has hinted that further measures may be necessary to ensure their safety.
In the TikTok video, Marshall explains in great detail how he would brutally assassinate Trudeau and Freeland “if it was up to him.”
Marshall attacks multiple groups throughout the roughly 11-minute TikTok video, including the media, Muslims, migrants, and the police who defend the government.
Among Marshall’s bail terms are the following: he must not communicate with Trudeau or Freeland; he must not use the internet to make social media posts or comments; he must not own any weapons; and he must not apply for a firearms permit.
During the bail hearing, the prosecution provided all of the evidence that is often not published.
Nate Jackson, Marshall’s attorney, stressed his client’s liberties and privileges as a Canadian in an email message.
“He has the right to freedom of speech, the right to reasonable bail and the right to a fair trial,” he said. “Having secured his release from custody, we will continue to defend Mr. Marshall’s Charter rights as his case proceeds.”
Neither Freeland’s nor the prime minister’s office would comment on the allegations, according to the CBC.
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Canada’s Unemployment Rate Hits its Highest Point Since 2017
As the job market remains dismal, the national unemployment rate in Canada has risen to its highest point since 2017. This has led some analysts to question whether the Bank of Canada should be reducing interest rates more quickly.
In spite of a net gain of 22,000 jobs, Statistics Canada reported on Friday that the unemployment rate increased to 6.6% from 6.4% the previous month. The rise was due to an uptick in part-time employment and a fall in full-time employment.
Outside of the pandemic years, the national unemployment rate has reached its highest position since May 2017, according to StatCan.
Rapid population expansion in Canada has increased the overall labour pool, but the country’s unemployment rate has persisted in rising.
The summer job market was especially tough for students, according to StatCan. Not including the pandemic, the unemployment rate among students going back to school in the autumn was 16.7 percent, which is the highest level since 2012.
Two days after the Bank of Canada dropped interest rates for the third time in a row, reducing borrowing costs to alleviate economic pressure, the most recent reading of the Canadian job market follows suit.
According to TD Bank economist Leslie Preston, who wrote a note on Friday, the central bank is “giving the OK” to keep dropping rates due to the bad August jobs report. Preston predicts two more quarter-point decreases at the remaining decisions this year.
According to CIBC senior economist Andrew Grantham, there are indications that the labour market is quickly contracting more than initially thought, since the unemployment rate is nearly two percentage points greater than the record low of 4.9% in June 2022.
“Due to this, we believe the Bank should be contemplating a quicker rate of reductions in order to bring interest rates to less restrictive levels,” he informed clients in a letter on Friday morning.
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US Job Growth Falls Short of Expectations: Economy Struggles Under High Interest Rates
Last month, job growth in the United States was weaker than predicted, prompting concerns that the world’s largest economy is beginning to struggle under the weight of increased interest rates.
The Labour Department said that employers added 142,000 jobs in August, which was less than the nearly 160,000 economists predicted. It also stated that job gains over the preceding two months were weaker than expected.
However, the jobless rate went down to 4.2%, down from 4.3% in July.
The report is one of the most important indicators of the US economy and arrives at a vital time, as voters consider presidential candidates for the November election and the US central bank contemplates its first interest rate decrease in four years.
Analysts said the latest statistics kept the Federal Reserve on pace for a rate drop at its meeting this month, but did little to answer worries about the trajectory of the US economy or how much of a cut it should make.
“There has rarely been such a make-or-break number; unfortunately, today’s jobs report does not completely resolve the recession debate,” said Seema Shah, chief global strategist at Principal Asset Management.
Soaring prices in 2022 caused the Federal Reserve to hike its key lending rate to 5.3%, a nearly 20-year high.
Faced with increased borrowing costs for homes, vehicles, and other debt, the economy has slowed, helping to alleviate pressures that were boosting inflation but exacerbating market concerns.
As inflation has fallen to 2.9% in July, the Fed is under pressure to decrease interest rates to prevent additional economic deceleration.
Although job increases in August fell short of expectations, they were greater than in July, when a slowdown aroused anxieties and triggered several days of stock market volatility.
Last month, construction and health-care firms hired the most, while manufacturing and retailers laid off employees.
Ms Shah stated that the data in Friday’s report was mixed, but provided enough concerning indicators that the Fed should make a larger cut.
“On balance, with inflation pressures subdued, there is no reason for the Fed not to err on the side of caution and frontload rate cuts,” she told reporters.
Others, however, felt the advances were just steady enough to warrant a 0.25 percentage point decrease, as markets had long projected – though this could signal more cuts than expected in the coming months.
Paul Ashworth, Capital Economics’ senior North America economist, predicted that the Fed’s decision will be “close run.”
“The labour market is clearly experiencing a marked slowdown,” he said, adding that the new statistics were “overall still consistent with an economy experiencing a soft landing rather than plummeting into recession”.
Concerns about the economy are a major issue in the US election.
According to polls, a majority of Americans feel the US is in a recession, despite healthy 2.5% growth last year.
Donald Trump has declared that the economy is headed for a “crash,” and his team instantly latched on the latest data to criticise Vice President Kamala Harris, publishing a press release titled “warning lights flash as Kamala’s economy continues to weaken.”
Democrats have defended their performance, claiming that the United States survived the pandemic and inflation better than many other countries.
They believe the slowdown is a sign that the economy is returning to a more sustainable rate of growth following the post-pandemic boom.
“Although hiring has slowed, the US job market continues to generate solid job gains and wage growth that is consistently beating inflation,” the White House Council of Economic Advisors stated in a blog.
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