Saudi Arabia becomes 1st Arab country to get full FATF membership

Saudi Arabia has become 1st Arab country to be granted full membership of Financial Action Task Force (FATF) following FATF’s Annual General Meeting held in Orlando, Florida in United States (US). Saudi Arabia and FATF Background: Since November 2004, Saudi ..

Month: Current Affairs - June, 2019

2018 Report on International Religious Freedom

The 2018 Report on International Religious freedom has been released by the United States Commission on International Religious Freedom. The report makes the following observations: Religious freedom conditions continued to deteriorate in countries across the globe in 2017 It cites ..

Operation Sankalp

Operation Sankalp has been launched by the Indian Navy in the Gulf of Oman. The operation is aimed to re-assure Indian Flagged Vessels operating/ transiting through the Persian Gulf and Gulf of Oman following the maritime security incidents in the ..

Strait of Homruz: The Artery of Oil

Recently two tankers were targeted in suspected attacks near the strategic Strait of Hormuz which is a vital waterway for global oil shipments. Strait of Hormuz The Strait of Hormuz is a strait between the Persian Gulf and the Gulf ..

Global Peace Index 2019

Global Peace Index 2019 by the Australian think tank Institute for Economics & Peace ranks countries on their level of peacefulness based on three thematic domains: Level of societal safety and security. Extent of ongoing domestic and international conflict. Degree ..

G20 express concern over risks from intensified trade conflict

The G20 meeting of Finance Ministers and Central Bank governors has expressed concerns that trade and geopolitical tensions have intensified raising risks for improving global growth. The meet stopped short of calling for a resolution of a deepening U.S.-China trade ..

‘Gandhi Cycle Rally for Peace’ organized in Saudi Arabia

The Indian Embassy in Saudi Arabia organised a “Gandhi cycle rally for peace” in Riyadh on Friday to commemorate the 150th birth anniversary of Mahatma Gandhi. The cycle rally was organized in association with the Diplomatic Quarter Authority and Saudi ..

India Slams OIC Reference to Jammu and Kashmir

India has rejected the Organisation of Islamic Cooperation’s (OIC s) reference to Jammu and Kashmir at the Makkah summit as Unacceptable. OIC Reference to J and K In its final communique at the Makkah summit: OIC reiterated its support for ..

14th Organisation of Islamic Cooperation (OIC) summit held in Mecca

The 14th summit of the Organisation of Islamic Cooperation (OIC) held in Mecca, Saudi Arabia was hosted by Saudi King Salman bin Abdul Aziz Al Saud. Key Highlights of Summit Agenda: The official agenda of meeting was to address ‘current ..

Month: Current Affairs - June, 2019

IMD World Competitiveness Rankings 2019

The IMD World Competitiveness Rankings are released by the IMD Business School evaluate countries on their ability to foster an environment where enterprises can achieve sustainable growth, generate jobs and increase welfare for its citizens. It takes into account 235 ..