IMF, IMF Quota System, and SDRs Subject :IR Section: International Organisation Overview: The IMF Executive Board approved a 50% quota increase to provide critical resources to developing nations. The proposal emphasizes the need for fair representation, safeguarding the poorest members’ shares. Quota Increase Proposal: The proposal advocates for a 50% quota increase to […]
Maiden INDUS-X investor meet held ahead of 2+2 ministerial dialogue Subject: IR Section: Military exercises Context: India’s Ministry of Defence and the US Department of Defence, organized the first ever INDUS-X investors’ meet More about the news: Before the 2+2 Indo-US ministerial dialogue, an event called INDUS-X investors’ meet was organized by India’s […]
EU invites Ukraine to begin membership Subject: IR Section: Groupings Context: EU invites Ukraine to begin membership More about the news: The European Commission has recommended inviting Ukraine to begin membership talks with the European Union (EU), provided it meets certain conditions related to corruption, lobbying laws, and national minority safeguards. Ukrainian President […]
NDB to assess India projects portfolio next year Subject: IR Section: International Organization Context: NDB to assess impact of $7.5-billion India projects portfolio More about the news: The New Development Bank’s Independent Evaluation Office (IEO) is set to conduct an evaluation of its project portfolio in India since its inception in 2015. With […]
India opposes inclusion of ‘environment sustainability and trade’ in WTO Ministerial agenda Subject: IR Section: International Organization Context: India opposes inclusion of ‘environment sustainability and trade’ in WTO Ministerial agenda More about the news: India, along with several developing nations, has opposed the introduction of discussions on environment sustainability and trade at a […]
India had highest number of TB cases globally in 2022: WHO Subject :IR Section: International Organisation Context: India had the highest number of TB cases globally in 2022 as per WHO. More about the news: In 2022, India reported the highest number of tuberculosis cases globally, accounting for a staggering 27 percent of […]
NATO formally suspends Cold War-era security treaty as Russia pulls out Subject :IR Section: International Groupings Context: NATO announces formal suspension of Cold War-era security treaty after Russia’s pullout More about the news: NATO has formally suspended the Treaty of Conventional Armed Forces in Europe (CFE) in response to Russia’s withdrawal from the […]
The massive displacement in Congo Subject: IR Section: Places in news Context: The UN International Organization of Migration (IOM) reported that the number of people who have been internally displaced in the Democratic Republic of Congo (DRC) has risen to 6.9 million. What is the conflict in the DRC: The conflict in the […]