General Awareness

INTERNATIONAL AFFAIRS - July 2018

Jul 2018

Jan 18, 2022

World Employment and Social Outlook Report

The International Labour Organisation (ILO) released its report titled "World Employment and Social Outlook". In the report, ILO projected global unemployment of 207 million in 2022.
Global unemployment will reach to 207 million in 2022. It is almost 21 million more than 2019.
Total hours worked in 2022 will be about 2% below than the pre-pandemic level.
There will be deficiency of 52 million full-time equivalent jobs in 2022.
ILO is a United Nations agency, that advances social and economic justice by setting international labour standards. It was established in October 1919, under the League of Nations. ILO is the first and oldest specialised agency of the UN. It has 187 member states. 186 are among 193 UN member states and the Cook Islands. Its headquartered is in Geneva, Switzerland as well as 40 field offices worldwide.

Credit Suisse Chairman Horta-Osorio Resigns

Credit Suisse will stick to its strategic overhaul despite the abrupt departure of its mastermind Antonio Horta-Osorio following an internal probe into his personal conduct, including breaches of Covid-19 rules.
Horta-Osorio's exit comes less than a year after he was hired to help the bank deal with the implosion of collapsed investment firm Archegos and the insolvency of British supply chain finance company Greenshill Capital, even as it was still reeling from the 2020 exit of CEO Tidjane Thiam over a spying scandal.

Jan 17, 2022

Ireland Marks 100 Years since British Handover of Power

A ceremony was held to mark 100 years since Dublin Castle, the then headquarters of the British in Ireland, was handed over to Irish authorities.
Irish President Michael D. Higgins and Taoiseach Micheál Martin attended.
In 1922, the handover took place a week after the Dáil (Irish parliament) voted to ratify the Anglo-Irish Treaty.
The treaty allowed for the creation of an independent Irish Free State within the British Empire and confirmed the partition of the island of Ireland.
President Higgins then unveiled a plaque marking the site where Dublin Castle was formally handed over by the representatives of the British government in 1922.

Jan 16, 2022

Joe Biden Nominates 3 for Fed Board, Including First Black Woman

President Joe Biden announced the nominations of three people for the Federal Reserve's Board of Governors, including Sarah Bloom Raskin, a former Fed and Treasury official, for the top regulatory slot and Lisa Cook, who would be the first Black woman to serve on the Fed's board.
Biden also nominated Phillip Jefferson, an economist, dean of faculty at Davidson College in North Carolina and a former Fed researcher.
The three nominees, who will have to be confirmed by the Senate, would fill out the Fed's seven-member board.

Jan 14, 2022

Pakistan's New Security Policy Seeks Peace with India

Pakistan is willing to make peace with immediate neighbours, including India, under its first-ever National Security Policy which leaves doors open for trade with New Delhi even without the settlement of the Kashmir issue provided there is headway in bilateral talks, according to a media report.
The National Security Policy, separately endorsed by the National Security Committee and the Cabinet last month, was formally unveiled by Prime Minister Imran Khan.
The five-year-policy document covering a period between 2022-26, is being propped up by the Pakistan government as the country's first-ever strategy paper of its kind that spells out the national security vision and guidelines for the attainment of those goals.

Old India Hand Alipov is New Russian Envoy

Russian President Vladimir Putin appointed old India hand Denis Alipov as the new envoy to India.
Nikolay Kudashev, who had been the Russian envoy to India since October 2017, has been shifted to the relatively insignificant post as ambassador to Singapore.
Alipov was the Deputy Chief of Mission (DCM) at the Russian embassy in New Delhi during the tenure of Alexander Kadakin as ambassador and was till recently Acting Director of the Second Asia Department in the Russian Foreign Ministry.

UK, EU Resume Talks on Brexit Trade Spat

UK Foreign Secretary Liz Truss called for Britain and the European Union to rebuild their relationship, as she and bloc's top Brexit official met for talks on a thorny dispute over Northern Ireland trade.
Truss and European Commission vice-president Maros Sefcovic were meeting at Chevening House, the foreign secretary's official country retreat in southeast England.
Truss urged the EU to show a "pragmatic approach" to resolving problems that have soured the relationship since Britain left the 27-nation bloc last year.

Jan 13, 2022

US: First Coin Featuring Black Woman

Maya Angelou became the first black woman to appear on US coin. The coin was rolled out by US Mint as a part of the American Women Quarters Programme.
She is known for her speaking voice and lyrical prose. She is an African American. She died at the age of 86 in 2014.
She has produced seven autobiographies, several books of poetry, three books of essays. Her autobiographies brought her fame. Her first autobiography "I know the Caged Bird Sings" fetched international recognition.
The coin has Maya on one side and the US first President George Washington on the other side. Maya is shown along an eagle in the coin.
She has received more than 30 honorary degrees. In 1992, she read the "On the Pulse of Morning" at the inauguration of President Clinton. In 2010, President Obama presented the Presidential Medal of Freedom. In 2013, she won the Literarian Award.

NATO, Russia to Hold more High-level Talks Despite Tensions

NATO Secretary-General Jens Stoltenberg said that the military organisation and Russia have agreed to try to schedule more meetings, despite tensions over Moscow's military buildup near Ukraine.
Speaking after chairing a meeting of the NATO-Russia Council, Stoltenberg said that both parties had expressed the need to dialogue and explore a schedule of future meetings.
There are significant differences between NATO allies and Russia on this issue.
He underlined that Ukraine has the right to decide its future security arrangements on its own, and that NATO would continue to leave its door open to new members.

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