Pax Silica & India’s Inclusion: The United States’ newly appointed Ambassador to India, Sergio Gor, stated that India will be invited to join “Pax Silica,” a US-led coalition aimed at securing and strengthening the critical minerals supply chain. Pax Silica is a US led coalition aimed at building a secure, resilient, and innovation-driven silicon and […]
Category: International Relationship Current Affairs
Israel Withdraws from Seven UN Agencies Over Alleged Bias
Israel Withdraws from Seven UN Agencies Over Alleged Bias: Israel has taken a strong diplomatic step by announcing its immediate exit from seven United Nations agencies. The decision comes amid growing criticism of UN institutions by Israel and reflects dissatisfaction over alleged political bias and ineffective functioning. The move signals a shift in Israel’s approach […]
International Renewable Energy Agency : 16th Assembly
International Renewable Energy Agency : 16th Assembly The Union Minister for New and Renewable Energy delivered India’s national statement at the 16th Assembly of the International Renewable Energy Agency (IRENA) in Abu Dhabi, United Arab Emirates. International Renewable Energy Agency is an intergovernmental organisation that was founded in 2009 to support countries in their transition […]
Petrodollar System
Petrodollar System: The US capture of Venezuelan President Nicolás Maduro has renewed attention on the declining influence of the petrodollar amid changing global oil trade dynamics.Venezuela holds the world’s largest proven oil reserves (~300 billion barrels, ~17% of global stock) but produces only about 1 million barrels per day, leaving vast untapped potential.The Trump administration […]
UN Declares 2026 International Year for Rangelands and Pastoralists
UN Declares 2026 International Year for Rangelands and Pastoralists: The United Nations has declared 2026 as the ‘International Year for Rangelands and Pastoralists’, a landmark decision aimed at spotlighting some of the world’s most overlooked yet vital ecosystems. The announcement addresses a critical imbalance in global climate action: while forests receive disproportionate attention and funding, […]
Bulgaria became the 21st member of the Eurozone
Bulgaria became the 21st member of the Eurozone: Bulgaria became the 21st member of the Eurozone bringing it closer to full European integration.The eurozone, or officially the euro area, refers to the geographic and economic region comprising those members of the European Union that have fully adopted the euro as their official currency.Bulgaria is located […]
Warren Buffett steps down as CEO of Berkshire Hathaway
Warren Buffett steps down as CEO of Berkshire Hathaway: Legendary investor Warren Buffett known worldwide as the Oracle of Omaha has stepped down as Chief Executive Officer of Berkshire Hathaway after nearly six decades. His exit as CEO marks the end of one of the longest and most influential leadership tenures in corporate history, reshaping […]
Justice Mission 2025
Justice Mission 2025: China conducted large-scale live-fire military drills named “Justice Mission 2025” around Taiwan, including missile launches, fighter jet sorties, and naval deployments.Justice Mission 2025 is a high-intensity, two-day PLA (People’s Liberation Army) military exercise involving live-fire missile launches, air and naval manoeuvres.It is designed to simulate blockade operations and precision strikes against Taiwan’s […]
Thailand and Cambodia Agree to Ceasefire Amid Border Clashes
Thailand and Cambodia Agree to Ceasefire Amid Border Clashes: Thailand and Cambodia have agreed to halt weeks of fierce border clashes marking a significant step towards de-escalation in one of the most serious confrontations between the two Southeast Asian neighbors in recent years. The truce comes after nearly three weeks of intense fighting involving artillery […]
India–Netherlands Joint Trade and Investment Committee (JTIC)
India–Netherlands Joint Trade and Investment Committee (JTIC): India and the Netherlands have established the India–Netherlands Joint Trade and Investment Committee (JTIC) to deepen bilateral trade, investment, and economic cooperation.It aims to identify and eliminate trade barriers while promoting two-way investments, particularly for MSMEs.It also seeks to enhance cooperation in key sectors, including the transfer of […]
