 The World Bank has unveiled 200 billion US Dollars in climate action investment for 2021 to 2025, adding that this amounts to a doubling of its current five-year funding. The move coincides with a UN climate summit in Katowice. The breakdown of 200 billion dollars would comprise approximately 100 billion in direct finance from the World Bank. Around one-third of the remaining funding will come from two World Bank Group agencies with the rest private capital mobilised by the World Bank Group. |
| Source- News on AIR |
 Australia has become the first country in the world to recognise ‘orphanage trafficking’as a form of modern slavery. Children from smaller countries are recruited in orphanages in the West for the purpose of profit through foreign aid. According to the US State Department, “many orphanages use the children to raise funds by forcing them to perform shows for or interact and play with potential donors to encourage more donations”. As per estimates, 80% of children living in the world’s orphanages have at least one living parent. |
| Source: BBC News |
 The European Commission is the first major economy to set its sight on achieving climate neutrality by 2050. The EU’s climate chief, Miguel Arias Canete, cited a recent scientific report that warned of deadly consequences for many species on Earth from rising temperatures. The European Union’s executive branch proposed that the bloc should cut its emissions of greenhouse gases to net zero by 2050, a measure scientists say needs to be adopted worldwide in order to avoid catastrophic global warming. |
| Source: The Washington Post |
 Nepal government has launched a Social Security Scheme for formal sector workersof the country. PM of Nepal KP Sharma Oli stated that it was very necessary to strengthen the system in which the government is accountable to its people. People of all ages and categories would be included in the scheme. The new social security scheme is contribution based and it will cover health and medical facilities, safe motherhood, accident, and physical incapacity security, security to dependent family members and security at old age. The scheme will be compulsorily applicable to formal sector workers. The scheme will soon be extended to informal sector workers as well. |
| Source- DD News |
 Ukraine’s parliament has imposed martial law in the country to fight what its president called “growing aggression” from Moscow after a weekend naval confrontation off the disputed Crimean Peninsula in which Russia fired on and seized three Ukrainian vessels amid renewed tensions between the neighbors. Russia and Ukraine blamed each other in the dispute that further ratcheted up tensions ever since Moscow annexed Crimea in 2014. Ukrainian President Petro Poroshenkoasked lawmakers in Kiev to institute martial law. After a five-hour debate, parliament overwhelmingly approved his proposal, voting to impose martial law for 30 days. |
| Source: AIR World Service |
 Odisha is hosting the Hockey World Cup 2018. The opening ceremony of Men’s Hockey World Cup took place at Kalinga Stadium, Bhubaneswar. The opening ceremony, which was almost a three-hour long, conveyed a powerful message of “oneness of humanity”. India is hosting the FIH Hockey World Cup for the third time, earlier Mumbai in 1982 and New Delhi in 2010 have hosted the event. World’s top 16 teams will fight for the coveted title in the 14th edition of the tournament. |
| Source: The Hindu |
 Romanian Foreign Minister Teodor Melescanu is on an official visit to India. External Affairs Minister Sushma Swaraj held delegation-level talks with her Romanian counterpart in New Delhi. They discussed diversifying the historical relations and boosting cooperation in the fields of agriculture, ICT, health and pharma, education, tourism, and culture. He stated that Romania “strongly supports” India’s proposal in the UN for a Comprehensive Convention on International Terrorism (CCIT). |
| Source: AIR World Service |
 Maldivian Foreign Minister Abdulla Shahid has arrived in New Delhi on a 4-day visit to India. This is the first high-level visit from Male after the new government took office. Mr Shahid and External Affairs Minister Sushma Swaraj will hold extensive talks on issues of mutual interest. The visiting dignitary will also call on President Ram Nath Kovind. The Maldivian Foreign Minister is visiting India with the aim to repair the bilateral ties which came under severe strain during the previous government. |
| Source: News on AIR |
 Admiral Sunil Lanba, Chief of the Naval Staff (CNS) Indian Navy is on a visit to Russia. The visit aims to consolidate bilateral defence relations with Russia, as also to explore new avenues for defence cooperation. The CNS will be commencing his official visit from St. Petersburg, where he is scheduled to hold bilateral discussions with his counterpart, Admiral Vladimir Korolev,Commander-in-Chief, Russian Federation Navy. |
| Source: News on AIR |
 External Affairs Minister Sushma Swaraj is on a 2-day visit to Laos. During her visit, Ms Swaraj will co-chair the 9th Meeting of India-Laos Joint Commission on Bilateral Co-operation with her counterpart Saleumxay Kommasith. The two sides will review the entire gamut of bilateral relations covering areas of Defence, Agriculture, Trade and Investment, Science and IT, Energy and Mining among others. Ms Swaraj will also call on the Prime Minister of Laos, Mr Thongloun Sisoulith. |
| Source- AIR World Service |
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