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Nepal: Approval of US Aid Grant
The parliament of Nepal has approved a contentious USD 500million US grant, despite opposition and street protests from the Communist parties. In 2017, the US government’s Millennium Challenge Corporation (MCC) pact was signed by Nepal for infrastructure projects but its ..
Month: Current Affairs - February, 2022
Category: International / World Current Affairs
SWIFT Ban on Russia
The United States and the European Union (EU) have decided to cut off a number of Russian banks from SWIFT, the main international payment system. Russia’s central bank assets will also be frozen, which will limit Moscow’s ability to access ..
Month: Current Affairs - February, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
Nord Stream 2
The Nord Stream 2 is a 1,200-km pipeline that extends, through the Baltic Sea, from Ust-Luga in Russia to Greifswald in Germany. This pipeline will be carrying 55 billion cubic meters of gas annually. In the year 2015, the decision ..
Month: Current Affairs - February, 2022
Category: International / World Current Affairs
US Bill on Rare Earth supplies
The United States Government has recently proposed a bill to end China’s “chokehold” on rare – earth metal supplies. Why the bill? The rare earth metals are used almost in every latest technology starting from electric batteries to fighter jets. ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs • Legal & Constitution Current Affairs
Tearless Onions in UK
The tearless onions are called “Sunions”. It is to be sold in United Kingdom. These onions were produced by cross breeding onion varieties that are less pungent. About Sunions The Sunions are sweet onions. They are to be sold in ..
Month: Current Affairs - January, 2022
Category: International / World Current Affairs
US issues passport with ‘X’ gender marker
The United States issued first passport with an “X” gender marker, marking a milestone in recognising the rights of people who are not identified as male or female. Background This step was taken following the fight of Dana Zzyym, who ..
Month: Current Affairs - October, 2021
Tropical storm Henri makes landfall near Rhode Island
Tropical Storm Henri has made its landfall near western Rhode Island on August 24, 2021. Highlights As per US National Hurricane Center (NHC), it made landfall with wind speed of 60 mph. In New Jersey, about 86 people were rescued ..
Month: Current Affairs - August, 2021
US released Online hub to help ransomware victims
United States government has released an online hub for victims of ransomware attacks. Key Points Online hub will make it easier for companies and municipalities to find resources and get assistance in case they are targeted by cyber hackers. US ..
Month: Current Affairs - July, 2021