GS 2
U.S., China step up trade war, slap tit-for-tat tariffs
The trade rivalry between the U.S. and China escalated to an unprecedented level on Tuesday, with both countries announcing new tariffs on imports from each other.
For the uninitiated, an “urban Naxal” is apparently a member of the bourgeoisie that sympathises with pro-poor and pro-tribal causes and does so from the relative comfort of middle-class and rich homes and offices
Moon lands in Pyongyang, meets Kim
Moon lands in Pyongyang to discuss denuclearisation, end of war; Agreeing timeline to denuclearisation key after Kim pledge
GS 3
India targets slight increase in 2018-19 foodgrain output
Despite patchy rainfall in some parts, the Agriculture Ministry has set a foodgrain production target of 285.2 million tonnes for 2018-19, a marginal increase from the previous year’s harvest of 284.8 million tonnes.
ISRO to tap small cities for innovations
The Indian Space Research Organisation (ISRO) launched a space technology incubation centre in Tripura capital Agartala on Tuesday. It is the first of six such centres planned nationally to build capacity in new locations.
Ten years on, in uncharted waters
The crisis of 2007 had multiple causes. Global macroeconomic imbalances, a loose monetary policy in the U.S., the housing bubble in the U.S. again and elsewhere, a bloated financial sector, a flawed belief in efficient markets, greedy bankers, incompetent rating agencies — these and others have been identified as among the villains of the crisis
Asking healthy banks to take over weak banks appears to be the strategy to handle the bad loans crisis.
After years of arguing over whether Pluto is a planet, in 2006 the International Astronomical Union (IAU) voted to remove Pluto’s planetary status. Now some researchers are challenging this decision, citing the manner in which scientific tradition has dealt with the taxonomy of planets.
Every 5 seconds, a child under 15 dies around the world: UN
An estimated 6.3 million children under 15 years of age died in 2017, or 1 every 5 seconds, mostly of preventable causes, according to the new mortality estimates released by UNICEF, the World Health Organization (WHO), the United Nations Population Division and the World Bank Group on Tuesday.
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