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INTERNATIONAL AFFAIRS - June 2018

Jun 2018

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.

Oct 28, 2024

Japan Gets Hung Parliament after Polls, PM Ishiba's coalition loses majority

  • The make-up of Japan's future government was in flux after voters punished Prime Minister Shigeru Ishiba's ruling coalition, leaving no party with a clear mandate to lead the world's fourth-largest economy.
  • Ishiba's Liberal Democratic Party (LDP) and its junior coalition partner Komeito took 215 seats in the lower house of parliament, down from 279 seats, as voters punished the incumbents over a funding scandal and a cost-of-living crunch. Two cabinet ministers and Komeito's leader, Keiichi Ishii, lost their seats.
  • The biggest winner of the night, the main opposition Constitutional Democratic Party of Japan (CDPJ), had 148 seats, up from 98 previously, but also still well short of the 233 majority.
  • As mandated by the constitution, the parties now have 30 days to figure out a grouping that can govern, and there remains uncertainty over how long Ishiba - who became premier less than a month ago - can survive after the drubbing. Smaller parties also made gains and their role in negotiations could prove key.

Oct 27, 2024

Singapore Rolls Out Passport-less Immigration Clearance at Changi Airport

  • Singapore rolled out passport-less immigration clearance across all four terminals at Changi Airport.
  • Under the initiative, arriving and departing Singapore residents, which include Singapore citizens, permanent residents and long-term pass holders, can clear immigration solely by using their facial and iris biometrics. However, children below the age of six years will not be able to use the automated lanes for immigration clearance.
  • This initiative has reduced the average clearance time per traveller by 60 per cent, from 25 seconds to 10 seconds.

Oct 26, 2024

Austria Gets First Far-right Parliament President

  • Austrian lawmakers elected for the first time a far-right politician as parliament President despite the Jewish community criticising the nominee for having paid hommage to Nazi criminals.
  • The far-right Freedom Party (FPOe) won national polls for the first time last month (September), gaining almost a third of the votes, though it has been unable to find partners to form a government.
  • But as the strongest party, it nominated lawmaker Walter Rosenkranz a lawyer and a former presidential candidate, as the parliament's President.
  • Rosenkranz, who has been widely criticised for being a member of a far-right student fraternity known for its strident pan-German nationalism, was elected in a secret ballot.
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