Special 301 Report 2022: India among most challenging economies, says USTR

What is the News? The Office of the United States Trade Representative (USTR) has released Special 301 Report 2022. What is the Special 301 Report? Released by: Office of the United States Trade Representative (USTR) Purpose: To identify trading partners that do not adequately or effectively protect and enforce Intellectual Property (IP) rights or otherwise… Continue reading Special 301 Report 2022: India among most challenging economies, says USTR

World Economic Outlook: Downward revision cycle for global economic outlook has begun

What is the News? The International Monetary Fund(IMF) has released the World Economic Outlook Report. What is the World Economic Outlook Report? The report is published by the IMF twice a year: One each in April and October. It also provides updates to these two reports in January and July. Aim: To provide analysis and… Continue reading World Economic Outlook: Downward revision cycle for global economic outlook has begun

UN approves measure requiring permanent member states to justify veto

What is the News? The United Nations General Assembly has adopted a resolution titled  ‘Standing mandate for a General Assembly debate when a veto is cast in the Security Council’. What does this resolution provide for? The resolution would require the five permanent members of the UN Security Council to justify their use of the… Continue reading UN approves measure requiring permanent member states to justify veto

Trilateral Development Corporation(TDC) Fund: To counter China’s BRI, MEA launches growth model

What is the News? The Ministry of External Affairs has launched a platform called the Trilateral Development Corporation(TDC) Fund. What is the Trilateral Development Corporation(TDC) Fund? Launched by: Ministry of External Affairs Aim: To provide an alternative to the Chinese development partnership model that has pushed parts of the developing world into a debt trap.… Continue reading Trilateral Development Corporation(TDC) Fund: To counter China’s BRI, MEA launches growth model

The quarrel over kuril Islands

What is the News? Japan’s Diplomatic Bluebook for 2022 described the Kuril Islands (which Japan calls the Northern Territories and Russia as the South Kurils) as being under Russia’s “illegal occupation”.  This is the first time in about two decades that Japan has used this phrase to describe the dispute over the Kuril Islands. What… Continue reading The quarrel over kuril Islands

At $76.6 billion, India is third highest military spender in world, says report

What is the News? Stockholm International Peace Research Institute(SIPRI) has released a report on global military spending in 2021. What are the key findings of the report? Largest Military Spenders: The five largest military spenders in 2021 were the United States, China, India, the United Kingdom and Russia. These countries together account for 62% of… Continue reading At $76.6 billion, India is third highest military spender in world, says report

Digital Services Act(DSA): Explained: European Union ground rules for Web

What is the News? The European Parliament and European Union(EU) Member States have announced that they have reached a political agreement on the Digital Services Act(DSA). What is the Digital Services Act(DSA)? Purpose: The Act is a set of rules on intermediaries’ obligations and accountability across the single market and ensures higher protection to all… Continue reading Digital Services Act(DSA): Explained: European Union ground rules for Web

Explained | Why has the China-Solomon Islands deal become the latest flashpoint between China and the U.S.?

What is the News? China’s government has signed a security deal with the Solomon Islands.  What does the China-Solomon Islands security deal contain? Firstly, it says that the Solomon Islands may request China to send police, armed police, military personnel and other law enforcement to the Solomon Islands. This is to assist the island in… Continue reading Explained | Why has the China-Solomon Islands deal become the latest flashpoint between China and the U.S.?

Russia illegally holds disputed islands: Japan

What is the News? Japan for the first time has said that Russia has illegally occupied four islands near the Kamchatka Peninsula. The Japanese have called these islands – the Northern Territories – while Russia calls them the Kurils.  What are the Kuril Islands? The Kuril Islands are a chain of islands stretching from the… Continue reading Russia illegally holds disputed islands: Japan

Colombo Security Conclave Virtual Conference on Investigation of Terrorism Cases

What is the News? The Colombo Security Conclave Virtual Conference on Sharing of experiences in the investigation of terrorism cases was organised by the National Investigation Agency(NIA) of India. What is the Colombo Security Conclave(CSC)? Formed in: 2011 as a trilateral maritime security grouping of India, Sri Lanka and the Maldives. Aim: To provide a… Continue reading Colombo Security Conclave Virtual Conference on Investigation of Terrorism Cases

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