POUND'S SWOON ECHOES DECLINES IN BRITISH POWER, PAST AND PRESENT.

The article reports on how the devaluation of the British pound is allegedly symbolizing the declining power of Great Britain following the death of Queen Elizabeth II. Also cited are how the queen's demise marked an end of Great Britain's era of soft power, the alleged causes of the pound's decline like the spending and tax plan by the Conservative government of Prime Minister Liz Truss, and the Bank of England's move to buy government bonds to achieve financial stability.