low 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 ..
Month: Current Affairs - January, 2022
Category: International / World Current Affairs
Topics: 2015 Paris Agreement • António Guterres • Bankruptcy • Climate crisis • Cyberspace • Five-alarm global fire • Global warming • high income countries • Human migration • Low and Middle Income countries • low income countries • middle income countries • United Nations
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 ..
Month: Current Affairs - January, 2022
Category: Economy & Banking Current Affairs - 2022 • International / World Current Affairs
Topics: China • Developed country • Developing country • Developing Country Status • GDP per capita • high income countries • low income countries • middle income countries • Per capita Income • Preferential Trade Agreement • S&DT • special and differential treatment • upper middle income countries • World Bank • World Trade Organization (WTO)
World Bank: Recent data on Global Remittance
The World Bank recently released its “Migration and Development Brief”. The report said that the remittance flows to the low-income and middle-income countries were 1.9% lower in 2020 as compared to that of 2019. It was 540 billion USD in 2020 and 548 billion USD in 2019. Key Findings The reduction in remittance inflows were ..
Month: Current Affairs - May, 2021
Category: Reports & Indexes Current Affairs
Topics: 2008 financial crisis • global financial crisis • India and Neighbourhood • low income countries • middle income countries • remittances • World Bank
Facebook Inclusive Internet Index
The Economist Intelligence Unit along with Facebook recently released the Inclusive Internet Index. According to the index, India is at the 49th spot when it comes to internet inclusion and gender equality in accessing the internet. The Facebook Inclusive Internet Index looked at 120 countries. These countries represented 96% of global population and 98% of ..
Month: Current Affairs - April, 2021
Category: Reports & Indexes Current Affairs • States Current Affairs
Topics: Economist Intelligence Unit (EIU) • Inclusive Internet Index • Internet • Internet access • Internet connectivity • low income countries • middle income countries
Historic Debt Pact of G20 to help poor countries hit by COVID-19
The G20 countries for the first time agreed on a common framework to restructure government debts. This is because COVID-19 crisis has left the poorer countries at risk of failing to repay the loans. Earlier the G20 countries agreed on G20 Debt Service Suspension Initiative. Now, it is being signed as a pact with an ..
Month: Current Affairs - November, 2020
Category: International / World Current Affairs
Topics: Africa • Belt and Road Initiative • China • G20 • G20 debt pact • G20 Debt Suspension Service Initiaitive • Loan Restructuring • low income countries
United Nations Still Birth Report
The United Nations recently launched a report on stillbirths titled “A Neglected Tragedy: The Global Burden of Stillbirths”. The report was created by UNICEF, World Health Organisation, World Bank and the United Nations department of economic and social affairs. The report says that a stillborn baby is delivered every 16 seconds. 84 percentage of these ..
Month: Current Affairs - October, 2020
Category: Reports & Indexes Current Affairs
Topics: COVID-19 • lock down • low income countries • middle income countries • Pregnancy • Stillbirth • UNICEF • United Nations • WHO