What's the Commonwealth good for?

The Indicator from Planet Money

NPR

Business

4.7 • 9.2K Ratings

🗓️ 8 May 2023

⏱️ 9 minutes

🔗️ Recording | iTunes | RSS

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Summary

The coronation of King Charles III is putting the United Kingdom and its relationship with Commonwealth countriesback in the spotlight. Today, we explore the economic links between the UK and Caribbean Commonwealth countries to see what the future might hold for them.

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Transcript

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0:00.0	NPR.
0:12.2	This is the indicator from Planet Money, I'm Darian Woods.
0:15.0	And I'm Whelan Wang.
0:16.0	Darian, did you catch anything good on TV this weekend?
0:18.8	I don't watch a lot of TV, but my friends have talked a lot about the latest episode of
0:23.5	Succession.
0:24.5	Oh, you mean this one?
0:25.9	I swear that I will pay to a decent viewer, Planet Money, and your hair and successes
0:33.2	according to the audience.
0:34.2	Oh, I see what you did there.
0:36.4	That's right.
0:37.4	The coronation of King Charles III took place this weekend in Britain.
0:40.5	There was pomp and circumstance, and of course, many reminders of British imperial history.
0:46.4	To pray for Charles, our King.
0:49.6	To recognize and to give thanks for his life of service to this nation.
0:55.8	The realms and the Commonwealth.
0:58.1	Right, so the Commonwealth, which King Charles is the head of, is this voluntary membership
1:03.0	organization made of 56 countries, almost all of them are former British colonies.
1:08.8	The Commonwealth countries represent two and a half billion people.
1:12.4	It is this massive slice of the world's population linked mostly by a historical ties to the
1:17.6	British Empire.
1:18.8	The major transition taking place in the monarchy is adding to ongoing questions about the
	...

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