Current Affairs - March, 2020

Extraordinary G20 Trade and Investment Ministerial Meet

On March 31, 2020, the “Extraordinary G20 Trade and Investment Ministerial Virtual Meet” was held through video conferencing. The Union Commerce Minister Piyush Goyal represented India at the meet. Highlights India had called for easy movement of health professionals and enhanced access to affordable medicines across national borders. Amidst the threat of COVID-19, India is ..

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US-Iran: Four Nuclear Restrictions renewed by US

On March 30, 2020, the US renewed four nuclear restrictions imposed on Iran. The restrictions were imposed to prevent Iran from building its nuclear programme. Highlights The nuclear restrictions on Iran imposed by the US has been renewed for another 60 days. The decision makes it harder for Iran to work on its Nuclear programme ..

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China recommends Bear Bile as a cure for COVID-19

The Chinese Government has put on a list of medicines that shall be used to treat COVID-19. It includes both Chinese traditional medicines and western medicines as well. Among these, “Tan Re Qing” has been identified as best cure. This traditional medicine carries bear bile Bear Bile The use of Bear bile in Chinese medicine ..

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Global Sugar Supply Chains hit globally

The international sugar prices have fell from 15 USD to 12 USD per pound. Also, the Indian Sugar Mills Association (ISMA) has reduced its off-take from mills in the last 15 days. The sugar stock in the wholesale market and retail markets have been sold completely according to ISMA. Highlights The fresh sugar procurement in ..

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United Nations: India and China likely to stay away from Global Recessions

The United Nations Conference on Trade and Development (UNCTAD) made a new analysis under the title “The COVID-19 Shock to Developing Countries”. Highlights The analysis says that leading exporting countries are to face drop in investments between 2 trillion USD and 3 trillion USD in the next two years. The world economy is to go ..

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