US sanctions Current Affairs, GK & News

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 developed by the Amirkabir University of Technology in Tehran, the capital of Iran. It is ..

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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. According to the bank, the inflation in the country will be in the range of ..

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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 billion of government funds which is held in the US. The government would identify the ..

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What are CAATSA Sanctions?

The United States recently imposed sanctions on Turkey under section 231 of the Countering America’s Adversaries Through Sanctions Act, CAATSA. The sanctions were imposed for buying Russian made S400 anti-Missile system. What is in it for India? The United States has reiterated its warning to India and other countries upon acquiring equipment from Russia. Key ..

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First Shipment of Afghan Goods via Chabahar to China Sent by Iran-India

Iran and India have shipped the first-ever shipment of transit goods to China via Chabahar Port. It comes on the backdrop of the US sanctions on Iran and the balance that Iran is trying to maintain between the rival of the USA, China and its ally, India. The shipment of dried fruit was sent from ..

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