Important International Affairs : 1st Oct 2018 to 5th Oct 2018

In this short article, we are sharing some important international affairs from 1st October 2018 to 5th October 2018. Hopefully the bank aspirants, finds it helpful for their upcoming competitive exams.

important international affairs

You can go through the highlighted one liners in every news if running short of time or just reading it few days before your exam. Otherwise we would request you to read each and every news in detailed format, so that you can understand them clearly and remember them easily.

1.) Canada agrees to join the trade accord with US and Mexico

• Canada and the United States reached a deal for Canada, USMCA (United States-Mexico-Canada Agreement) to stay in a free trade pact with the U.S. and Mexico.

• It replaces the 24-years age old North American Free Trade Agreement (NAFTA).

• This agreement will strengthen the middle class, and create a good, well-paying jobs and also new opportunities for the nearly half billion people who treat North America as their home.

2) “Operation Samudra Maitri” launched by India to help tsunami – hit Indonesia

On October 3, 2018, India successfully launched ‘Operation Samudra Maitri’ in Central Sulawesi Province of the Republic of Indonesia

To assist victims of the earthquakes and tsunami in Indonesia.

Key Points
• The humanitarian assistant operation consisted of two IAF Aircrafts, C-130J and C-17 along with medical personnel and relief material.

• The aircrafts also had the tents and equipments to set up a field hospital along with the medicines, generators and water.

• Also, three Indian Naval Ships – INS Tir, INS Sujatha and INS Shardul set sailing for the to carry out humanitarian assistance and disaster relief (HADR).

Static Takeways

Capital – Jakarta
Currency – Indonesian rupiah
President – Joko Widodo

3) IMF, World Bank and World Trade Organisation launched Reinvigorating Trade and Inclusive Growth Report

A report on ‘Reinvigorating Trade and Inclusive Growth’  was released by the International Monetary Fund (IMF),World Bank and World Trade Organization.

• This report seeks to identify those areas where trade has the potential of contributing productivity for economic growth.

• According to this report, full service trade liberalisation could raise manufacturing productivity by an average of 22 per cent across a sample of 57 countries.

• Better access and reliability in the manufacturing sector brought investment with new opportunities and technologies and helped in enhancing business services and coordination with customers.

• The digital economic revolution is opening new opportunities for cross-border trade and investments.

• India’s contribution in these reforms is to openness in services contributes to long run growth performance.

4) WHO launches first Global guidelines on Sanitation and Health

On 1st October 2018, to bring some successful changes in sanitation by 2030, World Health Organization (WHO) launched its first Global Guidelines on Sanitation and Health.

These guidelines summarises evidence on effectiveness in range of sanitation interventions. They also articulate the role of health sector in maximizing health impact of sanitation interventions.

Key Features – According to estimation, for every 1 US dollar invested in sanitation a nearly six-fold return can be expected. Thus, by adopting these guidelines, countries can successfully reduce the 829 000 annual diarrhoeal deaths due to unsafe water, sanitation and hygiene. The new guidelines are based on four principal recommendations which are as follows :

(i) Accessible toilets, for entire communities, that safely contain excreta, through Sanitation interventions.
(ii) Local health risk assessments to protect individuals and communities from exposure to excreta.
(iii) Integration of sanitation into regular local government-led planning and service provision.
(iv) The health sector should invest more and play a coordinating role in sanitation planning to protect public health.
These guidelines were made to ensure the achievements of health goals by the timeline.

Facts to know
Globally, around 2.3 billion people lack basic sanitation (with almost half forced to defecate in the open). They are among the 4.5 billion people who are refrained from access to safely managed sanitation services.

Static Takeways Of WHO

Headquarters – Geneva, Switzerland
Director General – Tedros Adhanom

5) Delhi declaration on Renewable Energy adopted by 21 IORA Countries

21 countries in Indian Ocean Rim Association (IORA) adopted the Delhi Declaration on Renewable Energy in Indian Ocean Region. It was adopted at the second IORA Renewable Energy Ministerial Meeting held at 2nd Global Re-Invest India – International Solar Alliance (ISA) Partnership Renewable Energy Investor’s Meet & Expo in Greater Noida.

Objective of Delhi Declaration on Renewable Energy

• Collaboration among IORA member states in meeting growing demand for renewable energy in Indian Ocean littorals and promote regional capacity building.

• Promotions of technological development and transfer, accompanied by strengthening of public private partnerships (PPP) in renewable energy and collaboration among IORA member states and member nations of International Solar Alliance (ISA).

IORA member countries resolved to collaborate with International Renewable Energy Agency (IRENA). They will also be collaborating with ISA member nations to exchange knowledge and share views and potential interests in renewable energy sector paved by MoU signed between IORA and ISA with focusing on the joint capacity-building programs, R&D activities in solar energy and exchange of best practices.

Static Takeways on IORA

IORA is an international organisation which consists of coastal states bordering Indian Ocean, established in 1997 to promote cooperation in IOR. IORA comprises of 21 member states (including India) and 7 dialogue partners.

 6.) Indian International Science Festival (IISF) in Lucknow.

A four-day Indian International Science Festival (IISF)2018 was held at Indira Gandhi Pratishthan in Lucknow (Uttar Pradesh).

The theme of 2018 festival is ‘science for transformation’. Around ten thousand scientists and experts, including the science teachers and students, participated in the event.

Static Takeways

IISF 2018 is being organized by the Ministry of Science and Technology, Ministry of Earth Sciences in association with the Vijnana Bharati.
The 1st IISF was held at the Indian Institute of Technology (IIT) in New Delhi on December 2015.

 7. ) Aung San Suu Kyi – the first person to lose Honorary Canadian Citizenship

Myanmar leader Aung San Suu Kyi became the first person to be stripped of the honorary Canadian citizenship for her role in the gross human rights violations against the Rohingya people. The Canadian Senate formally revoked this symbolic honour which was bestowed on Suu Kyi in the year 2007.

Static Takeways

Suu Kyi won the prestigious Nobel Peace Prize in 1991 for campaigning for democracy.

8.) Apple world’s top brand and Facebook slips to 9th spot.

According to a report named as – “Best 100 Global Brands 2018” by global brand consultancy Interbrand, Apple topped the chart as the best brand of 2018.

Apple is valued at $1 trillion  and is followed by Google, Amazon, Microsoft and Coca Cola.
Samsung ranked at the 6th spot while Facebook was ranked 9th.
Spotify and Subaru made it to the global top 100 brand list for the very first time.
• Unfortunately Tesla couldn’t get a spot despite being there in top 100 in the previous list of 2017.

Static Takeways on Global Brand Consultancy

Headquarters: USA.
Global CEO: Charles Trevail.

That’s all in this article, feel free to comment any feedback or suggestions. Keep Sharing and Happy Learning.
Thank You !!

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