Page-215 of International / World Current Affairs

Zimbabwe is left with only $217 in the bank

February 2, 2013

Only $217 was left in the coffers of Zimbabwe’s government after it paid the salaries of its public servants. Zimbabwe’s Finance Minister revealed this to explain the difficulty the current government is facing to fund the forthcoming constitutional referendum and ..

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India, Bangladesh ink extradition and visa pacts

January 31, 2013

India and Bangladesh inked a liberalized visa agreement and a significant extradition pact that would pave the way for the deportation of jailed ULFA ‘general secretary’ Anup Chetia and other wanted criminals. Both nations also introduced a “revised travel arrangement” ..

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World economy to recover marginally in 2013: IMF

January 30, 2013

As per 188-member International Monetary Fund’s (IMF) World Economic Outlook (WEO) report, the global economy will undergo modest upturn in 2013 as the constraints on growth gradually ease, but policy complacency should be guarded against as risks remain. As per ..

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Pakistan holds “Saffron Bandit” combat exercise

January 29, 2013

The Pakistani military conducted a combat exercise “Saffron Bandit” involving fighter jets and ground troops. The exercise is being conducted against the backdrop of a elevated tensions with India following a string of ceasefire violations along the Line of Control ..

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India committed to implementing TAPI Project by 2017

January 26, 2013

India has said that it is fully committed to implementing the Turkmenistan-Afghanistan-Pakistan-India (TAPI) Project by August 2017. It was reiterated by President Pranab Mukherjee when he was interacting with Deputy Prime Minister and Foreign Minister of Turkmenistan Rashid Meredov at ..

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US military to remove ban on women serving in combat

January 26, 2013

The US Defence department is expected to lift a ban on women serving in combat after a decade of war that saw female troops thrust onto the battlefield. In Feb 2012, US lifted a ban on women for about 14,000 ..

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British PM pledges referendum on EU membership if re-elected

January 26, 2013

British people may have a choice of opting out of European Union or staying with it, as promised by British Prime Minister David Cameron. He has pledged to hold a referendum on Britain’s membership of the European Union if his ..

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GDP of China plunges to 3-year low of 7.6%

January 24, 2013

GDP of China plummeted to a new low of 7.6% in last quarter, which is the lowest in last three years. China’s slowdown undermines a global recovery already threatened by Europe’s debt crisis and limited U.S. job growth.

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BRICS identify areas of tax policy and administration for mutual cooperation

January 22, 2013

The BRICS (Brazil, Russia, India, China, and South Africa) substantiated their commitment to encourage closer coordination and identified seven areas of tax policy and administration for broadening mutual cooperation. Key areas identified for cooperation: Development of global standards on ‘International ..

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BRICS to setup TWG to bolster cooperation in fighting diseases

January 20, 2013

India and other BRICS nations have decided to set up Technical Working Group (TWG) to identify best practices and models along with potential areas of mutual benefit and collaboration to fight with diseases. In the Delhi Communique adopted in the ..

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