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INTERNATIONAL AFFAIRS - August 2015

Aug 2015

Jun 15, 2024

Cyril Ramaphosa Re-elected President of South Africa after ANC Stitches Together Coalition

  • The South African parliament re-elected the African National Congress's President Cyril Ramaphosa as President during the first sitting of the National Assembly of the 7th Parliament.
  • South Africa's African National Congress party has a broad agreement with the main opposition and other parties to form a coalition government and end a political deadlock after the ANC lost its 30-year majority in an election two weeks ago.
  • Ramaphosa was sworn in as the President of South Africa for the first time in February 2018.

Jun 14, 2024

G7 Leaders Agree to Lend Ukraine $50 bn Using Frozen Russian Assets as Collateral

  • A Group of Seven summit opened with a pact reached on a US proposal to back a $50 billion loan to Ukraine using frozen Russian assets as collateral, giving Kyiv a strong show of support even as Europe's political chessboard shifts to the right.
  • Italian Premier Giorgia Meloni welcomed the heads of state of the G7 leading industrialised nations to a luxury resort in southern Italy, saying she wanted the message of the meeting to be one of dialogue with the global south and unity. She likened the G7 to the ancient olive trees that are a symbol of the Puglia region, "with their solid roots, and branches projected toward the future".

Jun 13, 2024

United Nations Declares 2025 as the Year to Focus on Quantum Advancements

  • The United Nations General Assembly officially declared 2025 as the International Year of Quantum Science and Technology. The 193-member Assembly passed a resolution co-sponsored by Ghana and six other countries, acknowledging the significance of this groundbreaking field of study.
  • The year 2025 marks a century since the publication of Werner Heisenberg's seminal paper, which laid the foundation for quantum mechanics. This momentous scientific event prompted the United Nations Educational, Scientific, and Cultural Organization (UNESCO) to request the General Assembly to declare 2025 as the International Year of Quantum Science and Technology.

IMF Approves Second Review of Sri Lanka's $2.9 Billion Bailout

  • The International Monetary Fund (IMF) approved the second review of Sri Lanka's $2.9 billion bailout package, authorising the flow of around $336 million to the crisis-hit nation. The global lender acknowledged signs of economic growth in a statement issued but warned that the country's economy remained highly vulnerable and that achieving debt sustainability remains a challenge.
  • The IMF urged the Official Creditor Committee (OCC), which comprises key lenders Japan and India, to complete a Memorandum of Understanding (MoU) as soon as possible. It also encouraged complete agreements with the Chinese Export-Import Bank. The lender highlighted the importance of completing these agreements in stabilising Sri Lanka's financial status and ensuring a long-term economic recovery.

Jun 12, 2024

Portugal to Use Golden Visa Scheme to Help Migrants, Build Affordable Homes

  • Portugal plans to adapt its golden visa scheme to allow wealthy foreigners seeking residency rights to invest in affordable housing for locals or accommodation for migrants.
  • Antonio Leitao Amaro said the scheme - called a "solidarity visa" - would complement an existing programme, which since 2012 has offered non-EU nationals who invest in Portugal the right to live in the country.

Malawi Vice-President, 9 Others Die in Plane Crash

  • Malawi's Vice President and nine others were killed in a plane crash, the country's President said.
  • The wreckage of the military plane carrying Vice President Saulos Chilima was located in a mountainous area in the north of the country after a search that lasted more than a day.
  • There were no survivors of the crash, Malawian President Lazarus Chakwera said.
  • The plane carrying 51-year-old Vice President Saulos Chilima and former First Lady Shanil Dzimbiri went missing while making the 45-minute flight from the southern African nation's capital, Lilongwe, to the city of Mzuzu.

Jun 11, 2024

India Welcomes Egypt, Iran, UAE, Saudi Arabia and Ethiopia Joining BRICS

  • India welcomed Egypt, Iran, UAE, Saudi Arabia and Ethiopia joining the BRICS as their representatives attended for the first time a key meeting of the grouping hosted by Russia. Senior diplomat Dammu Ravi led the Indian delegation at the BRICS Foreign Ministers' Meeting in Nizhny Novgorod, in western Russia.
  • The meeting was the first ministerial meeting following BRICS expansion in 2023 when Egypt, Ethiopia, Iran, Saudi Arabia, and the UAE joined Brazil, Russia, India, China, and South Africa as full-fledged BRICS members.

Indian Tripartite Delegation at the 112th Session of International Labour Conference

  • The Indian tripartite delegation led by Secretary (Labour & Employment), Ms. Sumita Dawra, participated in the 112th session of the International Labour Conference (ILC) of International Labour Organisation (ILO) being held in Geneva, Switzerland till June 14.
  • The International Labour Organization is a United Nations, headquartered in Geneva, Switzerland, agency whose mandate is to advance social and economic justice by setting international labour standards. Founded in October 1919 under the League of Nations, it is one of the first and oldest specialised agencies of the UN. The current (as in 2024) Director-general is Gilbert Houngbo.
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