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US Treasury report: India placed on currency watch list
The United States recently released its report on Macroeconomic and Foreign Exchange Policies of Major Trading Partners of the United States. The report reviewed currency practices of the biggest trading partners of the US. About the report The three main ..
Month: Current Affairs - April, 2021
UN: China overtakes US for Foreign Direct Investment
Recent figures by the United Nations Conference on Trade and Development highlights that, China has surpassed the United States as the world’s top destination for the foreign direct investment (FDI) in the year 2020. Highlights The eastward shift of the ..
Month: Current Affairs - January, 2021
What is Havana syndrome?
Havana syndrome is a mysterious health condition that has affected numerous United States diplomats, intelligence officers, and other government personnel worldwide since 2016. The syndrome is characterized by a range of symptoms, including headaches, nausea, vertigo, memory loss, and balance ..
Month: Current Affairs - December, 2020
What is Five Eyes Alliance?
The Five Eyes countries recently issued a joint statement expressing their concern about increasing Chinese curbs on the autonomy of Hong Kong. The joint statement was issued following the postponement of Legislative Council elections that was due in September 2020 ..
Month: Current Affairs - November, 2020
US approves 600 million USD armed drones sale to Taiwan
The United States recently approved 600 million USD armed drones sale to Taiwan. By the end of October 2020, US approved the sale of Harpoon missile systems to Taiwan. Background The current ruling Communist Party of china claims Taiwan. Taiwan ..
Month: Current Affairs - November, 2020
Beijing Imposed New Restrictions on US Diplomats
Beijing has imposed “reciprocal restrictions” on all American diplomats in China and Hongkong. This step was taken by China in response to restrictions imposed on its embassy staff in the United States. The ministry said that unspecified countermeasures will be ..