 Zimbabwe started to trade its new currency, the RTGS dollar, two days after the central bank announced measures to try and resolve a chronic monetary crisis. The bank unveiled a foreign exchange trading system that effectively devalued its quasi-currency, the bond note, which was officially pegged at parity with the US dollar. The new currency replaces electronic bank savings called digital dollars and the bond notes and was named after the real-time gross settlement system that banks use to transfer money between each other. |
| Source- The Tribune |
 Sudanese President Omar al-Bashir has declared a year-long state of emergency, dissolving his cabinet and local governments throughout the country. Omar al-Bashir in a televised address called on Sudan’s parliament to postpone constitutional amendmentsthat would allow him to run for another term in a presidential election in 2020. Since December 2018, various areas in Sudan, including the capital Khartoum, have been witnessing popular protests over the deteriorating economic conditions and price hikes of basic commodities. |
| Source: Aljazeera |
 A month-long ‘Festival of India’ began in Kathmandu, Nepal, to familiarise the new generation of the country about the similarities between the two countries. Minister for Culture, Tourism and Civil Aviation Rabindra Adhikari and Indian Ambassador to Nepal Manjeev Singh Puri jointly inaugurated the event. |
| Source: AIR World Service |
 Prime Minister Narendra Modi arrived in Seoul on a two-day visit to South Korea. Mr Modi will hold bilateral talks with South Korean President Moon Jae-in and receive the Seoul Peace Prize in recognition of his dedication to international cooperation, global growth and human development. Besides summit meeting with President Moon Jae-in, Prime Minister Modi will also have a number of engagements with the Korean leadership, businesses and Indian Community. PM will address the India-Korea Business Symposium and will also launch India-Korea Startup Hub. |
| Source- Press Information Bureau (PIB) |
 Iran’s President Hassan Rouhani unveiled the first Iranian made semi-heavy submarine named ‘Fateh’ (‘Conqueror’ in Persian), capable of being fitted with missiles, as per the reporting on Iran’s state TV. It has subsurface-to-surface missiles with a range of about 2,000 km (1,250 miles)and is capable of reaching Israel and U.S. military bases in the region. |
| Source: The Economic Times |
 JP Morgan rolled out the first US bank cryptocurrency. The currency is designed to be decentralized so that no one has control over transactions being sent over the network. Cryptocurrencies are used successfully to move money between the bank and a client which usually runs on a blockchain technology. The cryptocurrency, called “JPM Coin,” is intended for the bank’s wholesale payments business that moves $6 trillion around the world daily and not for retail customers. It will be used internally by the bank to enable instant transfers of payments between institutional accounts. |
| Source: Fortune |
 The 5th India-Bangladesh Joint Consultative Committee Meeting, co-chaired by External Affairs Minister Sushma Swaraj and Foreign Affairs Minister of Bangladesh Dr. Abdul Momen was held in New Delhi. The last Joint Consultative Committee Meeting between the two countries was held in October 2017 at Dhaka. Earlier, Mrs. Swaraj held a bilateral meeting with Mr. Momen. |
| Source: News on AIR |
 The 5-day multinational maritime exercise ‘AMAN-19’ in which 46 nations participated from all over the world was formally commenced at Pakistan Navy Dockyard, with a colorful flag hoisting ceremony. Principal aim to conduct this exercise is to facilitate a forum of understanding of each other’s maritime concepts and operation cultures and to produce ways and means to confront common threat at sea. |
| Source: Business Standard |
 Abu Dhabi has decided to include Hindi as the third official language used in its courts, alongside Arabic and English, as part of a move designed to improve access to justice. The Abu Dhabi Judicial Department (ADJD) announced that it has extended the adoption of interactive forms of statement of claims filed before courts by including Hindi. The move will help the Hindi speakers to learn about litigation procedures, their rights and duties without a language barrier. |
| Source- AIR World Service |
 INS Trikand, the frontline warship of the Indian Navy, participated in a multi-national training exercise ‘CUTCLASS EXPRESS 2019’. The annual Exercise Cutlass Express is sponsored by U.S. Africa Command (USAFRICOM) and conducted by Naval Forces Africa (NAVAF). It is the eighth iteration of the annual multinational maritime exercise and was held in the vicinity of Djibouti, Mozambique and Seychelles. The aim of the exercise was to improve law enforcement capacity, promote regional security and progress inter-operability between the armed forces of the participating nations for the purpose of prohibiting illegal maritime activity in the Western Indian Ocean. |
| Source: Press Information Bureau |
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