LONDON (AP) — Britain’s Prince Harry and his wife, Meghan, said they are planning “to step back” as senior members of the royal family, a stunning revelation that underscores the wish of the couple to forge a new path for the royals in the modern world.
A statement issued by Buckingham Palace said Wednesday the royal couple intend to become financially independent, shunning public support, to underpin their work on charities. It said they intend to “balance” their time between the U.K. and North America, where the 38-year-old Duchess of Sussex grew up.
“After many months of reflection and internal discussions, we have chosen to make a transition this year in starting to carve out a progressive new role within this institution," the couple said in a statement. “We intend to step back as ‘senior’ members of the royal family and work to become financially independent, while continuing to fully support her majesty the queen."
Harry, 35, is a grandson of Queen Elizabeth II and is sixth in line to the British throne.
Before marrying Harry in 2018, the duchess was the American actress known as Meghan Markle and a star of the TV show “Suits.” The royal couple has a baby son Archie, who was born in May 2019.
<i>Prince Harry and Meghan Duchess of Sussex, holding their son Archie Harrison Mountbatten-Windsor, at the Desmond & Leah Tutu Legacy Foundation in Cape Town, South Africa on September 25, 2019. / Photo Credit: Shutterstock</i>
Although as an actress and human rights advocate the duchess was accustomed to media attention before her marriage, she has made no secret of the fact that the transition to the level of celebrity faced by Britain's royal family was difficult.
Last year, Harry lashed out at the British media for its treatment of his wife, accusing the media of hounding her the way they did his mother, Princess Diana, who died in a 1997 car crash while trying to elude paparazzi.
"My deepest fear is history repeating itself. I've seen what happens when someone I love is commoditized to the point that they are no longer treated or seen as a real person. I lost my mother and now I watch my wife falling victim to the same powerful forces," Harry said in the fall.
Prices at the pump this year reached a seven-year high, and a new forecast from GasBuddy shared with CNN predicts that gas prices will only continue to rise in 2022 and that the national average could even reach $4.00 a gallon; however, analysts at GasBuddy say anything could happen when it comes to gas prices in the future, as the pandemic has made it difficult to make any predictions about the economy. Consumer Energy Alliance federal policy advisor Michael Zehr joins Cheddar News' Closing Bell to discuss.
The record-breaking success of "Squid Game" on Netflix has many media companies competing to produce, stream, and invest in new content from South Korea. Netflix has spent half a billion dollars on developing Korean content this year, and other streaming services are taking note. Seth Schachner, managing director at StratAmericas and digital business executive, joins Cheddar News to discuss.
The two tech- billionaires Elon Musk and Jack Dorsey are the latest voices to discuss the new hypothetical internet called Web 3.0. According to the billionaires, the new concept is just a "marketing buzzword" and cannot exist without venture capitalists or large backing. However, advocates of the Web 3.0 believe this decentralized space is the next big thing to help put ownership back into the hands of the people. Senior News Editor at The Verge, Richard Lawler, joined Cheddar to discuss more.
This year, the games market will generate total revenues of $180.3 billion dollars, a significant increase from 2020. While the industry continues to grow and expand into new spaces, such as the metaverse, there is still plenty of room for growth and reform in this male-dominated market. Katie Robinson, content creator, joins Cheddar News to discuss.
Jacob Channel, Senior Economic Analyst at LendingTree, joins Cheddar to discuss some of the most family-friendly metros in the U.S., and tips for house hunting for a family in the new year.
The hit series "Cobra Kai" on Netflix is about to drop the fourth season on December 31. Jacob Bertrand, who plays Eli "Hawk" Moskowitz, joined Cheddar to talk about what viewers can expect from his character in the upcoming season and why it translates so well with new audiences as well as fans of the original "Karate Kid" film. Bertrand also discussed his podcast with series co-star Xolo Maridueña called "Lone Lobos."
The theme for this year's Waterford Crystal Times Square New Year's Eve Ball is the 'Gift of Wisdom.' Waterford Crystal's Master Artisan Tom Brennan joins Cheddar News to discuss the story behind this year's theme, how Covid is impacting New Year's celebrations and some surprising facts about the Waterford Times Square ball.
Ron Gutman, Co-CEO of Intrivo, joins Cheddar News to discuss how the company is creating a test and tech solution for Covid testing called 2Gather, and how it's using data-driven digital diagnostics to make these tests widely available and affordable.
