General Awareness

INTERNATIONAL AFFAIRS - July 2015

Jul 2015

Jun 04, 2023

Suriname to Host Indian Energy Majors in June

The South American nation of Suriname is hosting an oil and gas conference from June 19 to 23 in hopes of attracting energy companies, particularly from India.
As per reports, Suriname is thought to have at least 3-4 billion barrels of oil reserves which were discovered in recent years.
While American and European energy companies currently dominate the energy market in Suriname, the country's officials are interested in bringing in Indian companies and expertise.
Major firms like ExxonMobil, Royal Dutch Shell and Total have been active in drilling for energy off the coast of Suriname, which is located on the north-eastern coast of South America. Invitations have been extended to Indian energy majors. India has demonstrated an increased interest in Latin America and the Caribbean for its energy needs.

Jun 03, 2023

Elon Musk Reclaims Title of World's Richest Person

Elon Musk has yet again claimed his position as the world's richest person after beating the CEO of the French luxury brand Louis Vuitton Bernard Arnault, according to Bloomberg Billionaires Index.
According to the Bloomberg Billionaires Index, Musk's net worth was about USD 192 billion, with Arnault's USD 187 billion.
Index data showed behind Musk and Arnault are Jeff Bezos and Bill Gates at USD 144 billion and USD 125 billion, respectively.
The index is a daily ranking of the world's wealthiest people. Details about the calculations are provided in the net worth analysis on each billionaire's profile page. The figures are updated at the close of every trading day in New York.
Musk and Arnault have been neck-and-neck on the list of the richest people.

Jun 02, 2023

Argentine Meteorologist Becomes First Female Head of UN Weather Agency

The World Meteorological Organization voted for Argentina's Celeste Saulo to become its first woman leader and steer the WMO's critical global role in tracking climate change.
Saulo, a WMO vice-president who has headed Argentina's weather service since 2014, won a landslide vote at the UN climate and weather agency's congress in Geneva.
The WMO's role in climate change has become increasingly prominent and Saulo will likely become a well-known advocate on this pressing world issue.
She will take over from the outgoing secretary-general Petteri Taalas on January 1, 2024. The Finnish meteorologist is coming to the end of his maximum second four-year term.

Jun 01, 2023

BRICS Foreign Ministers' Meeting in Cape Town

External Affairs Minister S. Jaishankar joined fellow Foreign Ministers from the emerging economies of Brazil, Russia, India, China and South Africa (BRICS) in Cape Town, South Africa for a two-day meeting to discuss various issues, including local currency trading and a peace plan for the ongoing conflict between Russia and Ukraine.
The meeting, hosted by South Africa, will pave the way for the 15th BRICS Summit scheduled to take place in August 2023, which will bring together leaders from the member countries, including Prime Minister Narendra Modi, Russian President Vladimir Putin, and Chinese President Xi Jinping.
Formation: BRICS was initially known as "BRIC" and was formed in 2001 by Goldman Sachs economist Jim O'Neill. South Africa joined the group in 2010, expanding it to BRICS.
Economic Significance: BRICS countries represent about 42% of the world's population and contribute to approximately 23% of global GDP. They are considered major players in the global economy.

Russia Claims it Destroyed Ukraine's Last Warship

Russia claimed it had destroyed the last major warship of the Ukrainian naval forces, which it said was stationed in the southern port of Odesa.
A high-precision strike by the Russian Air Force on a ship anchorage site in the port of Odesa destroyed the last warship of the Ukrainian Navy, the 'Yuri Olefirenko'.
The Yuri Olefirenko is a medium-size landing ship for troops and vehicles.
First named 'Kirovograd', the ship was renamed in 2016 in honour of a Ukrainian marine killed near Mariupol in 2015.
Ukrainian President Volodymyr Zelensky had decorated its crew in June 2022.

May 31, 2023

BRICS Bank to Expand Membership as Saudi Arabia Looks to Join

The New Development Bank, the lender created by the BRICS group of nations, will widen its membership as it seeks to boost its capital and counter the influence of Western-dominated multilateral banks.
The lender, formed by Brazil, Russia, India, China and South Africa, will look at increasing the diversity of its members in terms of geography, development stages and on the size of the countries.
Saudi Arabia is the latest to discuss joining the bank, a move that would give the lender more financial muscle. The bank was created in 2014 as a counterweight to the International Monetary Fund and the World Bank.
The bank's membership is open to any country within the United Nations. Bangladesh and the United Arab Emirates became members in 2021, while Egypt joined in February 2022.

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