News: OPEC+ agreed in principle to maintain steady oil output despite falling prices, internal tensions, and widening geopolitical uncertainty among key members. About OPEC+ OPEC+ is a grouping of 22 oil-exporting countries that meets regularly to decide crude oil production levels to stabilise the global oil market. Genesis of OPEC+: OPEC+ was formed in 2016… Continue reading OPEC+ (PLUS)
Category: Factly: IR
This category contains all Current Affairs Factly Articles for Prelims, related to the International Relations. You can find all relevant International updates on this page. This page is specifically useful for UPSC Prelims exam.
Euro Zone
News: Bulgaria adopted the euro as its currency in 2026, becoming the 21st euro zone member and gaining representation in ECB monetary decisions. About Euro Zone The euro zone, also called the euro area, is a currency union of European Union member states that use the euro as their sole legal tender. Total Members: The… Continue reading Euro Zone
Key Facts about Bulgaria
News: EU member Bulgaria marked its entry into the euro zone with a display of euro coins on the facade of the central bank in Sofia and fireworks to celebrate a long-awaited milestone. Key Facts about Bulgaria Bulgaria is a middle-sized country situated in Southeast Europe, in the east of the Balkans. It is situated… Continue reading Key Facts about Bulgaria
India to Assume Prestigious Chairpersonship of Kimberly Process
News: The Kimberley Process (KP) Plenary has selected India to assume the chairpersonship of the Kimberley Process with effect from 1 January 2026. This will be the third occasion on which India has been entrusted with the chairpersonship of the Kimberley Process. About Kimberley Process and India’s Role The Kimberley Process is a tripartite international… Continue reading India to Assume Prestigious Chairpersonship of Kimberly Process
India–New Zealand FTA
News: India and New Zealand concluded discussions on a free trade agreement to provide tariff-free access, attract investments, and expand bilateral trade. About India–New Zealand FTA The India–New Zealand Free Trade Agreement is India’s second bilateral trade agreement in the Oceania region after the India–Australia FTA. Key Takeaways of India–New Zealand FTA Tariff Elimination: The… Continue reading India–New Zealand FTA
Cho La and Dok La Passes
News: Cho-La and Dok-La were opened for tourists under the Bharat Rannbhoomi Darshan initiative on December 15, 2025. About Cho La Pass Location: Cho-La Pass is a high-altitude mountain pass in east Sikkim, located in the eastern Himalayas along the India–China border. Altitude: It is situated at an altitude of around 17,780 feet above mean… Continue reading Cho La and Dok La Passes
Pax Silica Initiative
News: The opposition parties recently criticized Prime Minister over India’s exclusion from the United States–led Pax Silica initiative, attributing it to a sharp deterioration in his relationship with U.S. President. About Pax Silica Initiative Pax Silica is a United States–led strategic initiative focused on building a secure, resilient, and innovation-driven silicon and artificial intelligence supply… Continue reading Pax Silica Initiative
Miyako Strait
News: Japan has scrambled jets to monitor Russian and Chinese air forces conducting joint patrols around the Miyako Strait, amid rising tensions between Tokyo and Beijing. About Miyako Strait Location: The Miyako Strait is a 250 km‑wide maritime passage of international waters and airspace between Miyako Island and Okinawa Island in Japan’s Ryukyu archipelago. It… Continue reading Miyako Strait
EU Fine on X
News: Elon Musk-owned X was fined €120 million by the European Commission for violating transparency rules under the Digital Services Act. About EU Fine on X The European Commission imposed a €120 million fine on X after a two-year investigation found violations of transparency requirements under the Digital Services Act(DSA). This is the first penalty… Continue reading EU Fine on X
Washington Accords for Peace and Prosperity
News: The Democratic Republic of the Congo and Rwanda recently signed the Washington Accords for Peace and Prosperity during a meeting hosted by President Donald J. Trump. About Washington Accords for Peace and Prosperity The Democratic Republic of the Congo–Rwanda peace agreement is officially known as the Washington Accords for Peace and Prosperity. Signed on: It… Continue reading Washington Accords for Peace and Prosperity
