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Daily G.K. - Top Stories

10 Jan 2018

INTERNATIONAL AFFAIRS

China denies plans to set up base in Pak

China denied as “unnecessary” speculation reports that it was planning to build a military base at Jiwani in Pakistan’s Balochistan province close to the strategic Chabahar port, which is being jointly developed by India, Iran and Afghanistan. According to reports, Pakistan may allow China to build the military base in Jiwani which is also close the Gwadar port being developed by Beijing. China is in talks with Pakistan to build its second overseas military base as part of a push for greater maritime capabilities along strategic sea routes. The media in China and abroad said Pakistan offered the key location to China as a retaliation to US President Trump’s New Year Day criticism of Islamabad for not cracking down on terrorist safe havens in the country.

Billionaire steps up efforts to oust prez

Billionaire environmental activist Tom Steyer, who has spent millions on national ads calling for the impeachment of President Donald Trump, will spend $30 million this year trying to help Democrats win control of the US House of Representatives. The House impeaches, or brings formal charges against an official, in what would be the first step in removing Trump from office. The US Senate tries the case. Steyer will not, however, require House candidates whom he supports to pass a “litmus test”. The $30 million will be used to mobilise young voters in 10 key states: Florida, Virginia, Wisconsin, Michigan, Nevada, California, Pennsylvania, Iowa, New Hampshire and Arizona. Americans will head to the polls in November when 34 seats in the Senate and all 435 House seats will be up for grabs. Democrats are hoping to ride wins last year in Alabama and Virginia to victory in those elections, potentially taking control of Congress from Republicans.

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BUSINESS AND ECONOMY

Jeff Bezos Is Now Worth More Than Bill Gates Ever Was

Jeff Bezos’s net worth reached $105.1 billion on Monday on the Bloomberg Billionaires Index as Amazon.com Inc shares added to a 12-month surge that’s lifted the online shopping giant’s market value by almost 57%. Amazon shares have risen 6.6% this year, with a report showing the Seattle based company captured 89% of online spending among dominant holiday retailers in the five week period beginning the day after Thanksgiving in the US. Bezos also controls closely held space exploration business Blue Origin and the Washington Post.

Banks warn of new mobile malware

Banks are warning customers of the risk of their mobile banking credentials being stolen by malware masquerading as a Flash player sent to them through unwarranted messages or through pop-ups on websites. The warning follows an advisory by Quick Heal Security Labs that it has detected an Android Banking Trojan that targets over 232 banking apps, including those offered by Indian lenders. The malware is known as Android.banker.A2f8a (previously detected as Android.banker.A9480). The operation is similar to a phishing website. The malware works in the background and sends fake notifications, resembling those sent by banking applications. When users open these applications they are directed to fake login screens that are then used by the attackers to steal and extract confidential data. The malware also intercepts SMSs sent by banks and is able to access one-time passwords.

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SCIENCE & TECHNOLOGY

ISRO scraps deal, Team Indus’ moon shot under a cloud?

India’s first, much awaited private moon shot by Team Indus has suffered a setback, with Isro recently scrapping the rocket deal with the startup. This may deal a death blow to the attempt to complete, if not win, the Google Lunar XPrize competition. The Google Lunar XPrize competition envisaged teams landing on the moon by March 31, 2018, and their rover moving 500m on lunar surface transmitting hi-res images to ground stations. The winning team gets $20 million. TeamIndus had two rovers to be flown. Inquiries reveal launch contract TeamIndus signed with Antrix Corporation, Isro’s commercial wing, was cancelled due to inadequate funds. The total cost of TeamIndus lunar mission was about Rs 450 crore. The cost for contracting Isro’s PSLV-XL was stated to be around Rs 150 crore.

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SPORTS

RABADA SURGES TO TOP SPOT

Young pacer Kagiso Rabada, has become the numberone ranked bowler in the ICC Test Rankings after helping South Africa to a 72-run victory over India in the first Test. Rabada returned with figures of 3/34 and 2/41. Rabada displaced England’s James Anderson, who had entered the Sydney Test as the number-one ranked bowler. Among batsmen, Australia’s Steve Smith is unchanged in first position but England captain Joe Root has leapfrogged India’s Virat Kohli and Kane Williamson into second position. Cheteshwar Pujara has slipped from third to fifth. Another SA pacer, Vernon Philander, the star of the show at Newlands, went from 12th to sixth position. Outside the top-20, India’s Bhuvneshwar Kumar vaulted eight places to 22nd following figures of 4/87 and 2/33.

HP’s Aanchal bags India’s first-ever skiing medal

Manali resident Aanchal Thakur created history by winning India’s first ever international medal in skiing. The 21-year-old clinched a bronze in the coveted Alpine Ejder 3200 Cup organised by the Federation Internationale de Ski (FIS) — skiing’s international governing body — at the Palandoken Ski Centre in Erzurum in Turkey. She won the medal in the slalom race category. Her feat is special given that there is no culture or even infrastructure for winter sports in India. Also, those participating in winter sports in India get negligible support from the Union sports ministry.

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NATIONAL AFFAIRS

Modi to showcase ‘New India’ at Davos meet

Narendra Modi is going to showcase ‘New India’ to global chief executives when he meets them in Davos later this month in what will be a first trip by an Indian Prime Minister in over two decades. Modi will kick off his whirlwind visit at a reception on January 22, which will be followed by his address at the plenary a day later and meeting with 120 global CEOs at the business forum. While the two events on January 23 are linked to the World Economic Forum’s annual meeting in the Swiss ski resort, where CEOs and heads of state and governments converge, the government is also looking at a separate interaction of the PM with industry captains. Modi is leading the largest-ever Indian delegation to Davos, comprising six ministers and over 100 CEOs, which includes FM Arun Jaitley, commerce & industry minister Suresh Prabhu, railway minister Piyush Goyal and oil minister Dharmendra Pradhan, Andhra Pradesh CM N Chandrababu Naidu and Maharashtra’s Devendra Fadnavis.

Kerala man wins Rs 21 crore lottery at Abu Dhabi airport

When UAE-based business developer Hari Krishnan was told of his 12-million-dirham (Rs 20.7 crore) lottery win at Abu Dhabi international airport’s big ticket draw, he initially thought the calls informing him about the jackpot were prank calls. Fortune smiled on his third attempt at the raffle. He is yet to decide how he would like to utilise the prize money, which he will receive on February 5.

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