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INTERNATIONAL AFFAIRS - October 2017

Oct 2017

Mar 05, 2024

Nepal PM 'Prachanda' Forges New Alliance with Ex-premier Oli's Party

  • Nepal's Prime Minister Pushpa Kamal Dahal 'Prachanda' formed a new alliance with former premier K. P. Sharma Oli's party after terminating its nearly 15-month partnership with the Nepali Congress due to differences between the top leadership.
  • Prachanda became the Prime Minister for the third term with the support of the Nepali Congress on December 25, 2022.
  • The rift between the Maoist Centre and Nepali Congress grew after differences grew between Nepali Congress leader and Finance Minister Mahat and Prachanda over the issue of budget allocation to certain projects.

France Becomes First Country in the World to Make Abortion a Constitutional Right

  • France enshrined the right to abortion in its Constitution after lawmakers voted in favour of an article which would give women the guaranteed freedom to get the medical procedure for terminating a pregnancy, making it the first country in the world to do so.
  • A joint session of both the Lower and Upper Houses of parliament was convened at the Palace of Versailles where the proposal gained a three-fifths supermajority by French lawmakers, which was needed to make the change, with 780 votes in favour and 72 against it.

Mar 04, 2024

Shehbaz Sharif Elected Pakistan's Prime Minister for Second Term

  • Pakistan's newly formed parliament elected Shehbaz Sharif as Prime Minister for a second time, three weeks after uncertain national elections caused delays in the formation of a coalition government.
  • He beat Omar Ayub, the candidate backed by jailed former Prime Minister Imran Khan, who secured 92 votes. Sharif returned to the role he held until August when parliament was dissolved ahead of the elections and a caretaker government took over. No single party won enough seats to form government on their own.

Mar 02, 2024

Alexander Stubb Assumes Finnish Presidency

  • Alexander Stubb was sworn in as the President of Finland, taking over from longtime former President Sauli Niinistö who served 16 years at the helm. The leadership transition came in a new era after becoming a NATO member — something he will demonstrate by making his first foreign trip to inspect the military alliance's drill in neighbouring Norway's Arctic region.

Mar 01, 2024

PM Modi, Mauritius PM Jugnauth Inaugurate Airstrip, Jetty in Agalega

  • Prime Minister Narendra Modi and Mauritius Prime Minister Pravind Jugnauth jointly inaugurated an airstrip and a jetty in Agalega Island.
  • Apart from the airstrip and St James Jetty at Agalega Island, six other projects, implemented with financial assistance from India, were also inaugurated by both leaders virtually.

Feb 29, 2024

World Gold Council Appoints De Beers' Sachin Jain as Chief Executive Officer

  • The World Gold Council (WGC), representing global gold miners, named Sachin Jain as its new CEO for India. Jain's extensive experience, particularly in the jewellery market and strategic leadership, positions him well for this crucial role.
  • Jain joined WGC India from De Beers, where he served in various senior capacities over the past 13 years. Notably, as Managing Director of De Beers India, he spearheaded the De Beers Forevermark business in India and West Asia. His tenure at De Beers equipped him with a deep understanding of the Indian consumer psyche and jewelry market dynamics.
  • Prior to his stint at De Beers, Jain held significant roles at renowned companies such as Lladro, Swatch Group, and Benetton. His diverse experience spans over two decades, reflecting his versatile skill set and strategic acumen.

India's Ranks 42 in the Global Intellectual Property Index 2024

  • The US Chamber of Commerce unveiled the 12th edition of its International Intellectual Property (IP) Index, offering a comprehensive evaluation of the IP landscape across the globe. This year's (2024) index ranked 55 economies, assessing their IP frameworks' effectiveness in fostering innovation and creative industries. The United States retained its position at the pinnacle, followed closely by the United Kingdom and France, highlighting the critical role of robust IP systems in economic development.
  • India secured the 42nd position out of the 55 countries evaluated, with an overall score of 38.64 per cent. This placement underscores the ongoing challenges and opportunities for India in strengthening its IP framework to bolster innovation and economic growth. Despite the static position, the inclusion of India in the analysis signifies its importance in the global IP discourse.
  • Top 10 Economies for IP Rights are United States (95.48%), United Kingdom (94.12%), France (93.12%), Germany (92.46%), Sweden (92.12%), Japan (91.26%), Netherlands (91.24%), Ireland (89.38%), Spain (86.44%) and Switzerland (85.98%).
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