After the dragons' 1000 year absence, one of them appeared over the city of Regdon last year and attacked the new king at his coronation, nearly killing him.
Aside from that, It is not a good time to be a wizard. The wariness most people have had for wizards has begun to darken into fear and outright animosity. Some wizards have even been assassinated, and there's a rumor that many of them are suffering from a mysterious ailment.
Such excitement and intrigue is part of Irith, a world you've been itching to explore the closer you've come to adulthood. You now find yourself in Regdon City, a year after the dragon attack, to partake in the festivities surrounding the one year anniversary of King Ehlos's crowning. It's going to be a great day!