US sanctions
China’s WTO Dispute over US Chip Sanctions
China has recently raised a dispute with the World Trade Organisation (WTO) over the US chip sanctions. About the US Chip Sanctions On October, the United States issued new export controls preventing the sales and services by the US businesses ..
Month: Current Affairs - December, 2022
Category: Economy & Banking Current Affairs • International / World Current Affairs
Sudan Anti-coup protests
The Sudan security forces recently killed three protestors. This has re-kindled the Sudan unrest. In the early January 2022, the Prime Minister Abdalla Hamdok resigned. This led to civilian unrest in the country. What happened? In October 2021, the Prime ..
Month: Current Affairs - January, 2022
Category: International / World Current Affairs
China-Iran strategic agreement
China is all set to implement a strategic agreement with Iran, in a bid to strengthen economic and political cooperation between both the countries. Highlights In a meeting, China also reaffirmed its opposition to USA’s sanctions on Iran. Announcement for ..
Month: Current Affairs - January, 2022
Category: International / World Current Affairs
North Korea Railway-borne missile
North Korea recently tested the railway-borne missile. With this, North Korea has tested three missiles in January 2022 amidst rising tensions with the US. This has pushed for fresh sanctions by the US. About the Missile Test The railway-borne missile ..
Month: Current Affairs - January, 2022
Category: Defence Current Affairs • International / World Current Affairs
Hong Kong to adopt China’s anti-sanctions law
Hong Kong is all set to implement China’s anti-sanctions law. It will be implemented in some form in the country and will add fresh regulatory pressure on international companies. Highlights Anti-sanctions law was passed in China by its rubber-stamp legislature ..
Month: Current Affairs - August, 2021
Simorgh Supercomputer
Iran recently launched its supercomputer called Simorgh. This supercomputer is hundred times more powerful than the previous Iranian supercomputers. About the Simorgh Supercomputer The Supercomputer has been named after the phoenix like bird called the Simurgh. The Simorgh Supercomputer was ..
Month: Current Affairs - May, 2021
Russia’s central bank increases interest rates
The Central Bank of Russia has increased the interest rate from 4.5% to 5%. Why did the Bank increase the interest rates? This is the second time the apex bank is increasing the interest rates due to elevated inflation pressure. ..
Month: Current Affairs - April, 2021
US announces Sanctions on Myanmar’s Military Leaders
The President of United States, Joe Biden, announced sanctions on the military leaders in Myanmar on February 10, 2021. Key facts The sanctions were put by the Biden’s administration in order to prevent the Myanmar’s generals from accessing the $1 ..