Economic sanctions Current Affairs, GK & News

India to chair 3 UNSC Committees

The Ambassador of India to the United Nations recently announced that India has been asked to chair three important committees of the Security Council. What are the three UNSC committees to be chaired by India? Counter-Terrorism Committee, Libya Sanctions Committee and Taliban Sanctions Committee. What is the Counter-Terrorism Committee? The Counter-Terrorism committee of the United ..

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What are CAATSA Sanctions?

The United States recently imposed sanctions on Turkey under section 231 of the Countering America’s Adversaries Through Sanctions Act, CAATSA. The sanctions were imposed for buying Russian made S400 anti-Missile system. What is in it for India? The United States has reiterated its warning to India and other countries upon acquiring equipment from Russia. Key ..

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Abdalla Hamdok takes charge as new Prime Minister of Sudan

Prominent economist Abdalla Hamdok has taken charge as the new Prime Minister of Sudan and vowed to work towards ending the country’s economic crisis and establishing peace. In his new role, Hamdok will be tasked to deal with Sudan’s mounting economic problems viz. high inflation and unemployment after decades of poor governance. His biggest challenge ..

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Which Russian tycoon has sued US over sanctions?

Russian metal tycoon Oleg Deripaska has sued the US due to sanctions which the latter has imposed. Deripaska has claimed that US has gone beyond its legal limit to impose sanctions on the companies which are owned by him and has shown himself being the latest victim of the Mueller probe into the alleged Russian ..

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UNSC adopts Resolution 2428 to impose an arms embargo on South Sudan

The United Nations Security Council (UNSC) has adopted a resolution 2428 (2018) to impose an arms embargo on South Sudan. The measure will stop the flow of weapons to armed groups in the country. It is in addition to the current sanctions, till May 31, 2019. Under the terms of Resolution, all Member States must ..

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