Extended Fund Facility (EFF) Subject : International Relations Section: International Organisation Context: Sri Lanka bailout About EFF: It is a fund created by IMF for helping economies to address serious medium-term balance of payments problems because of structural weaknesses that require time to address. Assistance under an extended arrangement features longer program engagement […]
Libya’s outlook remains bleak Subject : International Relations Section: Msc Concept : Libyans celebrated 12 years of the uprising that finally ended the rule of Muammar Gaddafi. Streets were festooned with flags and lights, with music performances and a military parade in Tripoli reflecting popular joy. On February 28,2023, the UN special representative […]
Raisina Security Dialogue Subject : International Relations Section: Msc Concept : India recently held the second edition of the Raisina Security Dialogue. Raisina Security Dialogue: It is a conference of intelligence and security chiefs and top officials from around the world. It is modeled on the lines of the Munich Security Conference and […]
IAEA meets with Iranians amid enrichment concerns Subject : International Relations Section: International organisation Concept : The head of the UN nuclear watchdog was meeting with officials in Iran on Saturday, days after it was revealed that the country had enriched particles of uranium to near weapons-grade, raising new alarm over its long-disputed […]
India scores 74.4 in World Bank index on working women Subject : International Relations Section : International reports Concept : Recently, the World Bank’s Women, Business and the Law Report 2023 has been released, which covers 190 countries. Significantly the UAE scored 82.5 out of 100 possible points across 35 sub indicators divided […]
BIMSTEC region can provide green, affordable energy access to all Subject: International Relations Section: Groupings Context: India hosted the first meeting of Governing Board of BIMSTEC Energy Centre in Bengaluru February 27, 2023. More on the News: Access to energy has increased in most BIMSTEC countries except Myanmar, the overall generation mix is […]
The aftermath of Sri Lanka’s economic crash Subject: International Relations Section: International organization Concept: Sri Lanka has been relying upon the International Monetary Fund (IMF) as the country is experiencing a balance of payments problem that escalated in 2022. The citizens of the island nation who experienced crippling shortages and long power cuts […]
Five S-400 regiments expected to be delivered by early-2024 Subject: International Relations Section: Msc Context: India has contracted five S-400 regiments under a $5.43 billion or ₹40,291 crore deal as per a conversation rate of ₹74.2 against the dollar at the time, signed in October 2018. The deal has been delayed from the start over payment issues. With […]
Horn of Africa has entered 6th consecutive wet season with no rain: UNHCR Subject : International relations Section :Place in news Context: The Horn of Africa has now entered its sixth consecutive rainy season with no rain, the United Nations High Commissioner for Refugees said in a statement Feb 28, 2023. The last five rainy […]
Green Strategic Partnership Subject :International relations Section: Msc Context: Union Minister of Environment, Forest and Climate Change, Shri Bhupender Yadav said the Indo-Danish Green Strategic Partnership is an appropriate forum to exchange ideas, best practices, knowledge, technology, capacity building for promoting sustainable lifestyles Concept: “Green Strategic Partnership” was launched during the Virtual Summit […]