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General Awareness

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Daily G.K. - Top Stories

08 Jan 2015

INTERNATIONAL AFFAIRS

Palestinians will be ICC Member from April

  • UN Secretary-General Ban Ki-moon has confirmed that the Palestinians will officially become a member of the International Criminal Court on April 1.
  • Under ICC rules, Palestinian membership would allow the court, based in The Hague, to exercise jurisdiction over war crimes committed by anyone on Palestinian territory, without a referral from the U.N. Security Council.
  • Momentum to recognize a Palestinian state has built since Palestinian President Mahmoud Abbas succeeded in a bid for de facto recognition of Palestinian statehood at the U.N. General Assembly in 2012, which made Palestinians eligible to join the ICC.

Brent Oil Drops under $50 per Barrel

  • European benchmark Brent oil sank under USD 50 per barrel for the first time since 2009, hit by OPEC`s production stance, oversupply, weak demand and the strong dollar.
  • Oil has lost more than half its value since June owing to a global supply glut and slowing growth in major world economies that has hurt demand.
  • Losses accelerated in November after the 12-nation Organization of the Petroleum Exporting Countries (OPEC) cartel decided not to cut output in response to lower prices and oversupply.

Merkel Wants Greece to Stay in the Euro Zone

  • Angela Merkel played down the chances of a Greek exit from the euro zone, but made clear that she expected Athens to stick to the terms of its international bailouts after this month`s election.
  • The chancellor addressed the issue for the first time since her government had shifted its stance and was ready to accept a "Grexit" if Athens failed to meet its commitments under EU/IMF rescue packages totalling to 240 billion Euros.
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ENVIRONMENT

Leave Coal and Oil in Ground

  • According to researchers the Middle East must leave 40 per cent of its oil reserves in the ground, and China, the US and Russia most of their coal if global warming is to be curbed.
  • Globally, a third of oil, half of gas and over 80 per cent of coal reserves must be left untouched until 2050.
  • This is the sole way to meet the UN target of limiting global warming to 2.0 degrees Celsius (3.6 degrees Fahrenheit) over pre-Industrial Revolution levels.
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BUSINESS AND ECONOMY

India's Manufacturing and Services Sectors Outpaced China

  • According to a survey by HSBC, India’s manufacturing and services sectors expanded at a faster pace than those in China in December.
  • During December, the HSBC composite index for India that maps both manufacturing and services, stood at 52.9, whereas for China it was 51.4, Brazil (49.2) and Russia (47.2).
  • An index measure of above 50 indicates expansion.
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SCIENCE & TECHNOLOGY

New Device Enables Ultra-fast Steering of Light

  • A team of engineers have developed a new device that can shape and steer beams of light at speeds never achieved before.
  • The new technology will ensure the production of better optical devices such as holographs that can move rapidly in real time.
  • The acousto-optic array consists of 64 tiny piezo-electric elements which act as high frequency loudspeakers.
  • This means that in the future laser beam-based devices will be able to be re-configured much faster than currently possible.
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NATIONAL AFFAIRS

Atul Khare Appointed UN under Secretary-General

  • UN chief Ban Ki-moon appointed senior Indian diplomat Atul Khare as the Under Secretary-General for Field Support and will head the department that provides dedicated support to peacekeeping missions around the world.
  • Khare, will succeed Bangladesh's Ameerah Haq as the Under Secretary-General for Field Support, Department of Field Support (DFS).
  • Khare has been appointed as the head of DFS, which provides dedicated support to peacekeeping field missions and political field missions around the world.
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