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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 ..
Month: Current Affairs - March, 2022
Category: International / World Current Affairs • Legal & Constitution Current Affairs
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 ..
Month: Current Affairs - March, 2022
Category: International / World Current Affairs
Uganda Oil Deal
The Chinese and French oil giants have signed an agreement to build a huge oil pipeline in Uganda. The companies are to exploit the oil resources of the country. This has fumed the environmentalists. What is the deal all about? ..
Month: Current Affairs - February, 2022
Category: Environment Current Affairs • International / World Current Affairs
Artificial Snow in Beijing Winter Olympics
China is the first country to host both summer and winter Olympic games. China is creating artificial snow flakes for the winter Olympics to be held in 2022. Why artificial snow? China is to create artificial snow flakes at snow ..
Month: Current Affairs - January, 2022
Category: Environment Current Affairs • International / World Current Affairs • Sports Current Affairs
Developing Country Tag at WTO
The World Trade Organization recently provided the “developing country” tag. This couldn’t be accepted by several countries. About the tag at WTO The organization has officially not created any definitions for “Developed” or “developing “countries. However, when a tag is ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024 • International / World Current Affairs
Digital Yuan Wallet Apps
Digital Yuan is the digital currency of China. It was first launched in 2014 and has been working (test working) since then. The Digital Yuan is not a crypto currency. It is controlled by the Central Bank of China. The ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2024 • International / World Current Affairs