News: United States has formally exited the Paris Climate Agreement amid election uncertainty. Facts: Why has the United States left the Paris Agreement? According to the US, the agreement had imposed an unfair economic burden on the country and would lead to loss of jobs. The Agreement also gives China and other big polluters an… Continue reading US formally exits Paris climate Agreement
Tag: US
US house Panel passes Bill to promote Legacies of Gandhi and Martin L. King Jr
News: United States congressional committee has passed the Gandhi-King Scholarly Exchange Initiative Act to promote the legacies of Mahatma Gandhi and Martin Luther King Jr. Facts: Aim: To establish an exchange initiative between India and the United States to study the work and legacies of Martin Luther King Jr. and Mahatma Gandhi. Components: The bill… Continue reading US house Panel passes Bill to promote Legacies of Gandhi and Martin L. King Jr
US remains India’s top trading partner in 2019-20
News: Ministry of Commerce and Industry has released the data on Bilateral trade between India-US for 2019-20. Facts: Key Takeaways: Largest Trading Partner: United States(US) has remained India’s top trading partner for the second consecutive fiscal in 2019-20. The bilateral trade between the US and India stood at $ 88.75 billion in 2019-02 as against… Continue reading US remains India’s top trading partner in 2019-20
U.S. position on CAATSA unchanged despite China’s actions in neighbourhood
News: The United States will not change its position on putting sanctions against India under Countering America’s Adversaries Through Sanctions Act(CAATSA) for buying fighter jets from Russia. Facts: CAATSA: It is a US federal law enacted in 2017 to impose sanctions on Iran, North Korea and Russia. The Act empowers the US President to impose… Continue reading U.S. position on CAATSA unchanged despite China’s actions in neighbourhood
US sanctions against International Criminal Court(ICC)
News: US President has authorised sanctions against International Criminal Court(ICC) officials involved in investigations into possible war crimes by US troops or those of its allies. Facts: International Criminal Court(ICC): It is a permanent judicial body created by the 1998 Rome Statute which entered into force on July 1,2002. Jurisdiction: It has the jurisdiction to… Continue reading US sanctions against International Criminal Court(ICC)
U.S. joins G7 artificial intelligence group to counter China
News:The United States has joined the Global Partnership on Artificial Intelligence(AI). Facts: The Global Partnership on Artificial Intelligence is a G7 countries Partnership initiated by France and Canada. Aim: To study and provide recommendations on the responsible adoption of AI based on shared principles of human rights, inclusion, diversity, innovation and economic growth. Additional Facts:… Continue reading U.S. joins G7 artificial intelligence group to counter China
India, U.S. to collaborate on COVID-19 vaccine trials, say U.S. health officials
News:India and the U.S have decided to work together on vaccine research and testing for COVID-19 under the Indo-U.S. Vaccine Action Program(VAP). Facts: The Indo-US Vaccine Action Programme(VAP) is a bilateral programme established in 1987. Aim: To develop and evolve joint R&D projects towards development of safe and efficacious vaccines against some of the major… Continue reading India, U.S. to collaborate on COVID-19 vaccine trials, say U.S. health officials
China may have conducted low-level nuclear test, US claims
News:The United States has claimed that China may have conducted a low level zero yield nuclear test. Facts: Zero yield: It refers to a nuclear test in which there is no explosive chain reaction of the type ignited by the detonation of a nuclear warhead. Additional Facts: Comprehensive Nuclear-Test-Ban Treaty (CTBT) It is a multilateral… Continue reading China may have conducted low-level nuclear test, US claims
US Approves Sale of Military Hardware
News:The US State Department has approved the sale of missiles and torpedoes worth $155 million to India. Facts: Harpoon Block II Missile: It is an anti-ship missile capable of performing both land-strike and anti-ship missions. It would be integrated into the P-8I aircraft to conduct anti-surface warfare missions in defense of critical sea lanes. MK… Continue reading US Approves Sale of Military Hardware
India, US in talks for dollar swap line
News:India is working with the United States to secure a dollar (currency) swap line that would help in providing an additional comfort in an event of any abrupt outflow of funds. Facts: Dollar Swap arrangement: Under this, the US Federal Reserve will provide dollars to a foreign central bank. At the same time,the foreign central… Continue reading India, US in talks for dollar swap line
