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tv   Bloomberg Markets  Bloomberg  September 8, 2022 1:30pm-2:00pm EDT

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>> welcome. i am joe mathieu. queen smith the second is under medical supervision in scotland after doctors raised concerns about her health. buckingham palace said doctors advised her to rest following a full day of events on tuesday when she formally asked liz truss to become prime minister. members of her family are rushing to her side. antony blinken has made an unannounced trip to ukraine, arriving today in kyiv, his third trip there. he stuck to the children's hospital and met with several patients -- stopped at a children's hospital and met with
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several patients seriously injured in strikes. steve bannon to date faces criminal charges that he defrauded contributors to a fund to build a wall on the u.s.-mexico border. prosecutors say he cheated donors caroline: it is official. queen elizabeth ii has died. she was born april 21, 1926 at -- we learned at 12:30 local time that she -- the doctors were concerned about her health. they were concerned she was going to remain under medical supervision in scotland. immediately to take the throne will be prince charles. elizabeth alexandra may windsor born in london, the monarch who served more than 70 years,
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longer than 80% has been alive in the united kingdom -- a woman who lived through world war ii, who took the helm from her father who became king as a surprise as her uncle abdicated. 14 u.s. presidents over her lifetime have served during that period. romaine: it is almost an end of an era but it has spanned several eras. even prior to her becoming queen , the history she had as an outsider looking into the u.k. as a kid and following queen elizabeth, princess diana, the royal family, you understand the significance of a figurehead. she was an important one, not just for the u.k. taylor: from a lot of the notes we have read, doing such a good
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job balancing the traditions of the crown while pivoting to a new social era that she oversaw in the last 70 years. really doing a good job of managing that. nigel faraj was speaking earlier. he said that when she met winston churchill for the first time, he talked about this being the new elizabethan age. that has really come to fruition today. caroline: the longest reigning monarch celebrated her platinum jubilee in june. we must think that this is not to state moment of mourning for the u.k., but she is of course queen for the while him of the commonwealth, including 14 other countries like australia, canada, jamaica. she was a constitutional monarch
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. she kept her views to herself. romaine: we are getting official word from the royal family through their twitter account, saying the queen died peacefully at bell moral this afternoon. the king and queen consort will remain at bell moral this evening and returned to london tomorrow. that is from the royal family's official twitter account to that queen elizabeth the second has passed away. caroline: we understand that the wheels come into motion. this is the moment that the u.k. has prepared for four years. the london bridge plan -- meticulous grips will be laid out. a moment of mourning that will be 10 days ahead of the funeral.
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>> indeed. a somber moment here at buckingham palace. the crowd has already been gathering. you can see behind me it is going to be packed, to honor the life of britain's longest-serving monarch. the were told this afternoon that the queen's doctors were concerned for her health. her children and grandchildren made the journey to bell moral, one of her favorite places, where the queen had accepted the resignation of boris johnson this week and had accepted liz truss as her 15th prime minister. a woman who has seen so much history in her time as british queen. she celebrated her platinum jubilee earlier this year.
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these streets were filled with celebration. but there had been speculation for a wild that she had been ill. the photograph you saw of her with boris johnson and liz truss , she was looking frail. suddenly, she had lost her husband during the pandemic. caroline: i think we are having some technical difficulties. we will get back to buckingham palace as soon as we can. guy johnson is in the studio in london the continuity that queen elizabeth brought the u.k., her length of service has been noted . it has been a source of strength for many. guy: absolutely. and now comes a moment of reckoning for the u.k., as it looks forward. the next. days will be spent mourning her majesty -- the next few days
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will be spent mourning her majesty. a huge shift in terms of the u.k. and its perception of itself pet over the next few days there will be a sense of reflection. what will now come into force will be a protocol that has been long in the planning. she will that her body will lie and rest. he will then come by train to london and met by the prime minister at saint pancras. she will then go to buckingham palace. in 10 days, there will be a funeral. this will meet a time of reflection for the u.k. living will also be a time of looking forward. he has been the bedrock on which british society has been built for a long time -- she has been the bedrock we will hear from king charles.
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we wait to see what name he will take. he will try and create some degree of continuity before he steps out on a tour of the country to reinforce that continuity. a huge blow for the u.k., the passing of queen elizabeth. romaine: guy johnson, our main anchor in london, the nearest of the passing of queen elizabeth, confirmed by the royal family. this call must spent a great deal of his career in the u.k. -- this columnist what does the passing mean to you? >> i have never known anything other than the queen. it is an unreal feeling that she is gone, even if the role has
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become more ceremonial. in many ways, it has allowed for the maturation of britain's democracy. she is this anchor. there is the sense that things can change but the same establishment, the same calm, control is present. it is very hard to come to terms with her not being there anymore, because we have known nothing else. certainly a sense of unreality. i have been thinking that the name charles has barely been mentioned. when guy used the word king charles, which he is now. caroline: he might not be? >> he could choose to give
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himself -- he is charles philip arthur george, i seem to recall. maybe heat will go by philip or arthur or georgia -- maybe heat will go by philip or arthur or george. taylor: john, we are so lucky to have you. guy, i think what has stood out to me is it is such a delicate balance of sticking with traditions of the crown while at the queen making sure that admits assignment -- amidst a sign of huge social change that the crown was relevant. guy: she took this country from the end of the empire to where it is now. that is a huge journey. she has been pivotal at so many points.
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she has allowed this country to develop, allowed the royal role to develop. she has allowed television cameras into her home. she has tried to make the royals more relevant. that has been a huge undertaking, considering where we started. she has put the royal family at the heart of british society and has maintained its relevance. charles clearly has taken over over the last few years. king tiles, we will find out ultimately whether that is the case, but let's assume he is going to be king charles, he has been building up to this process. she has taken a step back and he has taken a step forward. trying to maintain that
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continuity and trying to maintain the royal family at the center of our society and continue the process that she has led us through. caroline: guy johnson, thank you. the longest serving monarch. the queen has died peacefully at bell moral -- balmoral. the king and queen consort will remain there this evening and return to london tomorrow. a reflection of the passing of the queen and now the ascension of the new king. we want to talk about the extraordinary life of queen elizabeth the second. >> queen elizabeth ii rained during a period of unprecedented change. when she took the throne, that
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had been debate over whether her correlation -- coronation should be televised. by the time of her death, she recorded a comedy sketch. as head of state, she presided over the end of the u.k. empire. >> my government intends to work towards a new partnership for the european union based on free trade and friendly cooperation. >> elizabeth alexander mary winter was born in london in 1926. at the age of 10, her father became king after her uncle abdicated. in 1947, she married prince philip. the following year, their son charles was born. in a 1952, she became queen. amid cultural and political upheaval, the monarchy's image
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shifted dramatically. moments of pageant became spectacle, like charles and diana's wedding, work late soured. elizabeth received lack of empathy with her daughter-in-law. but she retained affection. new generations entered the scene, coming across as more in tune. impropriety arose again over the family with prince harry and meghan markle and prince andrew being convicted as -- -- as scotland debated independent and brexit reopened detentions over northern ireland. the queen met every week with britain's prime minister for a confidential discussion. she worked with 15 prime minister ministers over 70 years.
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caroline hyde, bloomberg. we, of course, now have pictures coming to us. a notice is hung on buckingham palace, but the same will be seen at windsor and that balmoral. -- at balmoral. the king, who is in balmoral, is coming to london tomorrow. joining us now to discuss this moment in history, the welcome francine lacqua and john authers and guy johnson, an array of people who call the u.k. home. francine, as someone with an international perspective, it is
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noticeable that 2.5 billion citizens lived in the commonwealth. she is also the monarch in australia, canada, jamaica. your thoughts on this moment? francine: first, this is a week of morning. i am sure we will see outstanding sympathy from people. so many were saying i hope queen is ok. she was 96, so this has been planned meticulously. she was the official head of state.. she was no longer playing an official role in government but did undertake constitutional duty. if you reflect on the attachments of the citizens, that is one thing. we will spend time looking at the pageantry. every detail has been planned,
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but this is a constitutional monarch, so you will see king charles or whatever name he will decide to take and this will bring huge change. they will have to get used to having a new monarch but also everything in london. that will have to change. charles has stepped up to take care of some of his mother's and duties in the past. earlier this year, queen elizabeth had indicated that she would like charles's second wife to become queen consort, so there is a change in not only the habits of the royal family, but we will probably see a new king with different ideas who will maybe bring the
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commonwealth more together, but certain parts of the world have also lost interest in the monarchy. romaine: want to build on something that caroline alluded to. the british monarchy at one point held rule over a quarter of the world's population. the new king is taking over at a different moment with regards to the british monarchy around the world. >> if there is one instance that i thought summed up where she had moved the country and her role, it was the opening ceremony of the 2012 olympics in london when she appeared to be parachuting into the stadium with james bond.
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that was about written apparently -- and arguments have maybe changed slightly -- but we are a self-confident country that appreciates our pop culture and we can laugh a little bit more and so this fantastic event, rather than thinking we needed to be about hard power. i think through her advisors sheep certainly did a good job of capturing that shift and what britain was. the issue for the future is simply that charles, when he was younger, did try to speak out on
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moments of controversy, particularly architecture. that will be interesting. he does not have to be -- that the queen was able to generate. that could create constitutional issues. the other is that that if you were to cut the queens -- put the queens popularity to a vote, it is obvious of the monarchy would survive. i fear that you might see that shift now that we no longer have the queen. taylor: john, thank you. guy johnson, joining us from
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london. when john was speaking, they were showing some of the key event that the queen had overseen about her rain -- r eign. one that stood out was balancing the neutrality and politics of it all through multiple prime ministers. balancing that while not getting involved with politics, how did she manage that? guy: she had a close connection to politics. she spoke weakly with the prime minister. she kept her finger on the pulse, had an understanding of what was happening. to say that she was completely removed from politics, that there was clear blue water between her and the political
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system is stretching it. she understood the nuance of what was happening. while she may not have directly guided the process, i think she was listened to and her thoughts were welcomed when they were given. those conversations work behind closed doors. there were no people listening, but i think she had a connection to politics. in some ways, that is why the process was as smooth as it was. there was always this process of visiting the queen. she was the consistency throughout this process. while she was not directly involved in politics, she was embedded in the system and had a great understanding of what was happening. caroline: 15 prime ministers and 14 u.s. president -- am
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surprised to learn if she only ever did not meet one, lyndon johnson. really, for international leaders, she was someone they admired. she had such a consistent manner. she was able to remain focused and not get into political scandals. francine: [inaudible] instances where the two countries did not get along with the u.k. they would say, we should do a royal visit. people from all walks of life, all religions, all over actually would be impressed by the queen. we are told she had a great
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sense of humor. [inaudible] she could turn in an elegant manner. she spoke her mind. it was subdued. -- to ensure that her return to london also is something ceremonial, special. i was reminded that she met winston churchill. if you think about him, her godfather was born in 1850. she flipped through almost two centuries -- has lived through most two centuries. she will be greatly missed by future prime minister's. romaine: a lot has been written
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about her sense of humor. guy was referencing her simulated parachuting with james bond. we got a chuckle out of that. she has certainly shown that side from time to time about her rapport with various heads of state. give us some insight as to what we can expect right now with regards to the recognition of her life, the funeral, the succession that will come over the next few days. guy: the procession is already in place. it is king charles. that is instantaneous. we will wait for the coronation after the funeral. the funeral will probably take place in 10 days. during the next 10 days, a series of events will be a recognition of her life. she is at balmoral now.
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you go to edinburgh and ultimately london over the next 24 hours. we will see parliament returned as well. parliament needs to swear allegiance to the new king. that whole constitutional process will unfold over the next few days. there will be a huge outpouring from the british people. this is a bereavement for britain. she was so central to all of us that there will be a huge outpouring of grief. it may not be as emotionally obvious as when diana died but this is a huge change. it will ultimately build up to the state funeral in penn dates. the british monarchy has been preparing for this.
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the king ultimately will have the ultimate say over what happens, but the process has been prepared over many years. taylor: francine, is the think about some of the international reactions, the u.n. chief calling her dignity and dedication great, the irish president calling her a remarkable friend we are hearing from france, india, the eu. what do you make of this international support? francine: she was loved by all. it was not always a smooth reign. if you present that not everyone was always behind her, but in the last 10 years, she was one of the most beloved heads of state. if you look at the u.k. now, fights with france, europe, the
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queen represented something. the never knew whether she was for or against exit but she wanted what was best for her country and would always look after that. -- said something whether she was not sure -- at the time, we could have imagined if queen elizabeth did not pick up the phone to people, a quiet word would probably have gone a long way. caroline: indeed. guy johnson immediate reaction. we also want to bring in frank moore, a professor of cultural history at the university of
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manchester. you are writing about the british monarchy. what you think this moment means for the british people? frank: i do think a momentous chapter of british history has closed. a life is passed. i extend my sympathy to the family and the new king and queen. what does it mean? one of the things we can do is go back to 1953 and then fast-forward forward to today and thank about how british society has changed over the queen great. 1953, the end of the empire, beginning of the welfare state,
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rise of mass consumer society, use culture, freight markets, celebrity culture and problems of the present decade. the queen has lived through all of this. one the most significant things about her reign is that she has promoted strongly the idea of change within continuity, the idea that a continuous developmental monarchy has enmeshed with some changes overheard 70 years. let me give a few examples -- 1953 the coronation, there was no guarantee it was going to be on television. the queen's instincts felt that it should not be.

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