Current Affairs International

 
Hong Kong’s equity market has overtaken Japan to be the world’s third largest in value, behind only the U.S. and mainland China. Hong Kong’s market cap was $5.78 trillion, compared with $5.76 trillion for Japan, according to data compiled by Bloomberg based on where primary securities are listed. The Asian city’s Hang Seng Index climbed 17% in 2019 through, when it closed at its highest since June 15. Internet giant Tencent Holdings Ltd. has been the main driver with a 22% gain. Japan’s Topix Index advanced 8.3% in that period.
Source- Business Standard

  The UAE has announced that India will be the Guest of Honour country at the Abu Dhabi International Book Fair, ADIBF 2019, to be held at the end of April 2019. The fair aims to highlight the UAE’s rich heritage, showcasing its authenticity and modernity, as well as its cultural and literary output. India’s participation in the fair will attract a significant increase in the number of visitors with various events and activities which will be held throughout the entire duration of ADIBF.
Source- News on AIR

 Google parent Alphabet has beaten Amazon to launch one of the first commercial drone delivery businesses. Alphabet made its first delivery in Canberra after getting approval from the country’s civil aviation authority. Wing, the company’s drone delivery arm, was testing drone delivery in Australia since 2014 and delivered medicines, chocolate to 3,000 homes in the last 18 months.
Source- The Verge

  London (capital city of the UK) is the first city in the world to implement a 24-hour, seven day a week Ultra Low Emission Zone (ULEZ), inside which vehicles will have to meet tough emissions standards or face a charge. Introduction of the ULEZ aims to reduce toxic air pollution and protect public health, according to a press release from the office of Sadiq Khan, mayor of London. Vehicles are responsible for around half of harmful nitrogen oxide air emissions in the British capital.
Source- The New York Times

  The US designated Iran’s Revolutionary Guard Corps (IRGC) a foreign terrorist organisation. This move is considered as an unprecedented declaration against a foreign government that may prompt retaliation and make it harder for American diplomats and military officers to work with allies in the region. It is the first time that the US has designated an entity of another government as a terrorist organization, placing a group with vast economic resources that answer only to Iran’s supreme leader in the same category as al-Qaida and the Islamic State.
Source- DD News

  The joint military exercise between Morocco and the US, “African Lion 2019,” kicked off in southern Morocco. The exercise marks the participation of thousands of military officers. The exercise will include various types of training including command post, manoeuvring, peacekeeping, operations, and aerial refuelling.
Source- The Wings

 India has signed an MoU with the National Bank for Agriculture and Rural Development Consultancy Service (NABCONS) for setting up the India-Africa Institute of Agriculture and Rural Development (IAIARD) in Malawi, a landlocked country in southeastern Africa. Ministry of External Affairs signed with NABCONS for setting up IAIARD, an attempt to complement the efforts of the Government of India to enhance capacity in the areas of agro-financing and entrepreneurship development for African countries.
Source- Business Standard

 Japan has announced that the name of its new imperial era, set to begin on 1 May, will be ‘Reiwa’, signifying order and harmony. The country’s current era, Heisei, will end in April. Prime Minister Shinzo Abe has addressed the nation to explain its meaning. The name ‘Reiwa’ which consists two Chinese characters, the first meaning ‘good’ or ‘beautiful’ as well as ‘order’ or ‘command’ and the second meaning ‘peace’ or ‘harmony’.
Source: BBC

  China has successfully launched the first of its new-generation data relay satellite, Tianlian II-01 into orbit that will provide data relay, measurement, and control services for its manned spacecraft. It was launched by a Long March-3B carrier rocket from the Xichang Satellite Launch Centre in southwest China’s Sichuan Province. The satellite is developed by the China Academy of Space Technology under the China Aerospace Science and Technology Corporation.
Source: China Daily

  Anti-graft lawyer Zuzana Caputova won Slovakia’s presidential election, making her the country’s first female head of state. The 45-year old political novice won about 58.3% of the voted ahead of the more politically savvy European commissioner Maros Sefcovic who took 41.7%.
Source: Euronews


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