IMF members delay quota changes, agree to maintain funding

Headline : IMF members delay quota changes, agree to maintain funding Details : In News Members of the International Monetary Fund (IMF) have agreed to maintain its funding at $1 trillion but postponed changes to its voting structure. Highlights of the deal The deal will allow an extension of non-permanent, supplementary sources of funds, such as the NewContinue reading “IMF members delay quota changes, agree to maintain funding”

Everything about World Malaria Report 2017 by WHO

The global figures • The report shows that there were 5 million more malaria cases in 2016 than in 2015. • The estimated global tally of malaria deaths reached 445,000 in 2016 compared to 446,000 the previous year. • The African Region continues to bear an estimated 90% of all malaria cases and deaths worldwide.Continue reading “Everything about World Malaria Report 2017 by WHO”

How will NSG membership help India? 

How will NSG membership help India?  Clean energy push: India is a growing country with massive energy needs. It has set for itself an ambitious goal of sourcing 40% of its power from non-fossil sources and here is where nuclear energy comes into play. India will need latest technology and NSG membership will come inContinue reading “How will NSG membership help India? “

10 ‘noble commitments’ for global transformation by PM Modi

10 Commitments and Suggestions: 1. Creating Safer World: It can be achieved by organised and coordinated action on issues like counter-terrorism, cyber security and disaster management. 2. Creating Greener World: It can be achieved by taking concerted action on countering climate change. For e.g initiatives like International Solar Alliance. 3. Creating Enabled World: It canContinue reading “10 ‘noble commitments’ for global transformation by PM Modi”

Global Entrepreneurship Summit (GES):

Global Entrepreneurship Summit (GES): It is the preeminent annual entrepreneurship gathering that convenes emerging entrepreneurs, investors and supporters from around the world. It was started by U.S. government in 2010. It serves as a vital link between governments and the private sector, and convenes global participants to showcase projects, network, exchange ideas, and champion newContinue reading “Global Entrepreneurship Summit (GES):”

About the Nuclear Non-Proliferation Treaty (NPT):

The nuclear Non-Proliferation Treaty came into force in 1970, following widespread international concern about the risk of nuclear weapons proliferation and the spiraling nuclear weapon stocks of those states that had developed them. The NPT is a multilateral treaty aimed at limiting the spread of nuclear weapons including three elements: (1) non-proliferation, (2) disarmament, andContinue reading “About the Nuclear Non-Proliferation Treaty (NPT):”

Most Favoured Nation (MFN) status

What is Most Favoured Nation’ (MFN) status?  The WTO as the trade-promoting body has certain key principles or philosophical themes for its working. One such principle is non-discrimination which is well scripted in Most Favored Nation (MFN) treatment. The MFN is a status or treatment given by one country to another in trade matters. ItContinue reading “Most Favoured Nation (MFN) status”

WTO- Trade Facilitation Agreement (TFA)

Trade Facilitation Agreement (TFA) Trade Facilitation Agreement (TFA) envisages faster clearances and reduction of red tapism at the borders and would thereby help in the ease of doing business. TFA is bound to change the Indian trade and would bring more transparency in trade process. after TFA ratification, the world wide best trade practices wouldContinue reading “WTO- Trade Facilitation Agreement (TFA)”

International Union for Conservation of Nature (IUCN)

The International Union for Conservation of Nature (IUCN) is a membership Union uniquely composed of both government and civil society organisations. It provides public, private and non-governmental organisations with the knowledge and tools that enable human progress, economic development and nature conservation to take place together. Created in 1948, IUCN has evolved into the world’sContinue reading “International Union for Conservation of Nature (IUCN)”

United Nations Conference on Trade and Development (UNCTAD)

The United Nations Conference on Trade and Development (UNCTAD) was established in 1964 as a permanent intergovernmental body. UNCTAD is the principal organ of the United Nations General Assembly dealing with trade, investment, and development issues.  The organization’s goals are to: “maximize the trade, investment and development opportunities of developing countries and assist them inContinue reading “United Nations Conference on Trade and Development (UNCTAD)”