IMF approves $15.6billion loan to Ukraine Subject: International Relations Section: International Organisation Context: The International Monetary Fund (IMF) has approved a $15.6bn support package for Ukraine to assist with the conflict-hit country’s economic recovery, the fund has said. The Russian invasion has devastated Ukraine’s economy, causing activity to contract by around 30 percent […]
Can countries be sued over climate change? Subject : International Relations Section: International Organisation Concept : The International Court of Justice (ICJ) has been asked to provide an opinion on what kind of obligations countries have towards climate change reduction, based on the promises they have made to the UNFCCC. Details Recently, the […]
Comprehensive and Progressive Agreement For Trans-Pacific Partnership Subject : International relations Section: Groupings Concept : The UK acceded to the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), with Prime Minister Rishi Sunak describing the outcome as an example of “post-Brexit freedoms”. The agreement will now need to be ratified by Westminster and […]
Uproar in Israel Subject : International Relations Section: Msc Context: Israel’s planned overhaul of the judiciary had led to massive protests across the country for months. What exactly do the planned laws propose: The draft laws propose to change the composition of the nine-member committee that selects judges. This panel currently has the […]
India under fire at WTO for avoiding questions on MSP Subject: International Relations Section: International Organization Concept : India faced pressure at the World Trade Organisation (WTO) for avoiding questions raised on India’s minimum support price (MSP) programmes for food grains, especially rice, as subsidies have crossed the prescribed limits. Members like the […]
India to host meeting of security advisers from SCO countries Subject : International Relations Section: Grouping Concept : India will be hosting a meeting of the National Security Advisers (NSAs) of member countries of the Shanghai Cooperation Organisation (SCO). The meeting will be chaired by NSA Ajit Kumar Doval and will be attended […]
US and Japan to sign pact on critical mineral supply chain for EVs requirement Subject: International relations Section: GROUPINGS Context: Japan and the United States have reached an agreement on trade in critical minerals for electric vehicle batteries, part of an effort to diversify supply chains and reduce reliance on China for strategically […]
Honduras Subject : International Relations Section: Places in news Concept : China and Honduras signed a landmark communique to formally establish diplomatic relations, with the Central American nation becoming the latest country to switch recognition from Taipei to Beijing. The agreement now leaves a dwindling number of diplomatic partners for Taiwan, with Honduras […]
Depleted Uranium Munitions Subject : International Relations Section: Msc Concept : The U.K. would provide Ukraine with armour-piercing rounds containing depleted uranium. Depleted Uranium Munitions Depleted uranium (DU) is a by-product of uranium enrichment. Enriched uranium is highly radioactive and is used in nuclear reactors and nuclear weapons. In comparison to enriched uranium, […]
IMF Bailouts Subject :International Relations Section: International Organization Concept : The International Monetary Fund (IMF) confirmed a $3 billion bailout plan for Sri Lanka’s struggling economy. Negotiations are also being held with Pakistan for a $1.1 billion bailout plan. Reasons: Such currency crises are generally the result of gross mismanagement of the nation’s […]