high income countries Current Affairs, GK & News

What is Five-alarm global fire?

The United Nations recently announced that the world is to face five major risks in 2022. These risks are referred to five – alarm global fire. The five alarms are COVID-19, lawlessness in cyberspace, climate crisis, bankrupt global financial system and diminished peace and security. What is the solution? The UN has suggested that in ..

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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 provided other countries can challenge the offering. Though, WTO has not provided the definition, two ..

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