Page-149 of International / World Current Affairs

U.S. Defence Budget and Indo-Pacific Strategy

A proposed USD 1.8 billion for supporting the Indo-Pacific strategy of the USA was announced by President Joe Biden. To counter the malign behaviour of China another USD 400 million was also announced. Overview: Both these announcements are a part ..

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What is Schengen Area?

The Schengen Area is an area that comprises 26 European countries that have abolished all passports and border control at their respective mutual borders. Overview: The name of this area comes from the 1985 Schengen Agreement that was signed in ..

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U.S.: USD 52 Billion Chips Bill

The U.S. Senate gave its approval to a bill for providing USD 52 billion in the U.S. as subsidies for the manufacturing of semiconductor chips. The procedural vote of 68-28 returns the legislation to the House of Representatives, starting a ..

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Gilbert F. Houngbo: ILO’s New Director-General

Gilbert F. Houngbo has recently been elected as the International Labour Organization’s 11th Director-General. He is the former Prime Minister of Togo and will be taking office in October 2022. Overview: He will be the first African to have been ..

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Oscar Awards 2022- Winners

The Oscars 2022 or the 94th Academy Awards ceremony which is presented by the Academy of Motion Picture Arts and Sciences (AMPAS). This event was held on 27th March 2022 at the Dolby Theatre in Los Angeles. Overview: This event ..

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US-EU Agreement on Data Transfer Pact

The United States and the European Union have announced that they have an “in principle” agreement in place to create a new framework for the purpose of cross-border data transfers. Overview: This announcement has come as a much-needed relief for ..

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Joint Declaration on Privacy and the Protection of Personal Data

The European Union along with nine countries which also include India has called for international cooperation with the aim to promote data protection and the standards of privacy. Overview: In a ‘Joint Declaration on Privacy and the Protection of Personal ..

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Wildlife Conservation Bond

The world’s first wildlife bond has been issued by the World Bank, raising USD 150 million that will partly be used for the conservation of South Africa’s black rhinos. Overview: The Wildlife Conservation Bond is the world’s first-of-its-kind financial instrument ..

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Study: Fish in Great Barrier Reef Fading

Due to climate change, the oceans are heating up and corals are continuing to bleach which is causing Australia’s Great Barrier Reef’s fish communities to fade and lose their colour, according to a new study. Overview: This study has been ..

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China Security Deal with Solomon Islands

Leaked papers have revealed the drafting of a security deal of China with the Solomon Islands. This move has triggered an alarm in the neighbouring country of Australia along with its other Western allies. Overview: The leaked papers regarding this ..

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