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INTERNATIONAL AFFAIRS - October 2017

Oct 2017

Nov 04, 2024

Dr. Jacqueline d'Arros Hughes New Secretary General of the World Agriculture Forum

  • In a leadership development for global agricultural advocacy, Dr. Jacqueline d'Arros Hughes, the outgoing Director General of the International Crops Research Institute for the Semi-Arid Tropics (ICRISAT), is set to take up the role of Secretary General of the World Agriculture Forum (WAF) in mid-November 2024. Known for her dedication to sustainable agriculture and food security, Dr. Hughes brings a wealth of expertise and experience to WAF, a platform instrumental in shaping the future of agriculture worldwide.
  • With an impressive career spanning over 30 years, Dr. Hughes has built a strong reputation in agricultural research for development, particularly in the fields of sustainable agriculture, food security, and rural development. Her contributions have positively impacted some of the world's most vulnerable regions, including Africa and Asia. Dr. Hughes' leadership at ICRISAT reflects her commitment to tackling global challenges, making her an ideal fit for WAF's mission to promote sustainable agricultural transformation.

ILO's 352nd Governing Body Meeting Kicks Off in Geneva

  • The 352nd Governing Body meeting of the International Labour Organisation (ILO) is currently taking place in Geneva. This important gathering began on October 28 and will run until November 7, bringing together representatives from member countries to discuss key labour issues and strategies for improving working conditions globally.
  • Sumita Dawra, Labour and Employment Secretary of India, presented India's initiatives and progress in improving living standards and employment.

Pro-EU Leader Claims Moldova Victory

  • Moldova's pro-Western incumbent Maia Sandu claimed victory in a closely-fought presidential election, defeating Alexandr Stoianoglo, her rival backed by the traditionally pro-Russian Socialist Party.
  • With 98 per cent of the ballots counted, Sandu led Stoianoglo with 54.35 per cent, the Central Election Commission said at the end of an election and campaign that were marred by persistent allegations of interference denied by Russia.
  • The victory for Sandu ex-World Bank adviser, has accelerated the nation's push to leave Moscow's orbit and join the European Union, is seen by her supporters as an endorsement of the resolutely pro-Western course she has tacked.

Nov 01, 2024

Brazil Opts Out of China's Belt and Road Initiative

  • In a significant diplomatic decision, Brazil opted out of China's Belt and Road Initiative (BRI), becoming the second member of the BRICS bloc, after India, to opt out of Beijing's ambitious multi-billion-dollar infrastructure project. The move has sparked widespread interest and debate, as it reflects Brazil's cautious stance on joining China's influential global initiative.
  • The decision, led by President Luiz Inácio Lula da Silva and influenced by Celso Amorim, his special presidential adviser for international affairs, signals Brazil's intent to pursue alternative forms of collaboration with China, without becoming bound by the BRI's framework.

Oct 31, 2024

Saudi Arabia Begins Construction of World's Largest Building

  • Saudi Arabia commenced construction on the Mukaab, aiming to become the largest building globally. This monumental project is located in Riyadh and represents a $50 billion investment. It is part of a broader vision to modernise the city and enhance its skyline.
  • The Mukaab will soar to 1,300 feet in height and span 1,200 feet in width.
  • The Mukaab is integral to Crown Prince Mohammad bin Salman's Saudi Vision 2030 initiative. This initiative aims to diversify the economy and reduce reliance on oil, promoting tourism and urban development.

Oct 30, 2024

India Ranks 176th in the Global Nature Conservation Index (NCI) 2024

  • With a score of 45.5 out of 100, India ranked 176 out of 180 countries in terms of natural environment protection, according to the Nature Conservation Index.
  • Released in October 2024, this is the first-ever edition of the index which ranks countries based on their efforts vis-à-vis four pillars: managing protected areas, addressing threats against biodiversity, nature and conservation governance, and future trends in a country's natural resource management.
  • "Though 7.5 per cent of India's terrestrial area is protected, improvements are needed in marine protected areas, with only 0.2 per cent coverage in national waters and none in the EEZ [Exclusive Economic Zone]," according to the report by Goldman Sonnenfeldt School of Sustainability and Climate Change and BioDB.com.
  • The top three ranked countries are Luxembourg, Estonia, and Denmark, respectively with others including Zimbabwe and Costa Rica finding their way into the top 10.

Oct 29, 2024

Shaktikanta Das Earns A+ in Central Bank Report Card 2024 (29)

  • Reserve Bank of India (RBI) Governor Shaktikanta Das was awarded an A+ grade in the Central Bank Report Cards 2024, marking his second consecutive year of recognition. This accolade was presented by Global Finance during an event in Washington, D.C. The grades, ranging from "A+" to "F," assess central banks on their effectiveness in critical areas such as inflation control, economic growth targets, currency stability, and interest rate management.
  • Since 1994, Global Finance has published the Central Bank Report Cards annually.
  • The report grades central bank governors from nearly 100 key countries, territories, and regions, including the European Union and various central banks in the Caribbean and Africa.
  • Global Finance was established in 1987, making it a reputable source in the field of international finance.
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