Current Affairs – June, 2018

Latest Current Affairs June, 2018 with Current Affairs, news summary on current events of National and International importance of June, 2018 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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World’s hungry population on rise again due to conflict, climate change: UN report

According to United Nation’s Sustainable Development Goals (SDG) 2018 report, number of hungry people in world has risen for first time in more than decade. There are now approximately 38 million more undernourished people in the world, rising from 777 million in 2015 to 815 million in 2016.

The report is an overview of progress towards achieving 2030 Agenda for Sustainable Development (SDG), which consists of 17 goals and 169 targets. It was adopted at t UN Sustainable Development Summit on September 25, 2015. The deadline to meet them is 2030.

Key Highlights of report

Key Factors for rinsing Hunger: Conflict, drought and disasters linked to climate change are among the key factors causing this reversal in progress. Violent conflict is now one of the main drivers of food insecurity in 18 countries and it has led to the forced displacement of record high 68.5 million in 2017.

Improvements: The number of people living on less than $2 a day declined from 26.9% of the world’s population in 2000 to 9.2% in 2017. The mortality rate for children under five has dropped by almost 50% the least developed countries.

South Asia: The region (which also includes India) has seen child marriage rates plunge, with girl’s risk of getting married in childhood dropping by 40% from 2000 to 2017. The water stress levels for many countries in region are above 70%, indicating fast-approaching water scarcity. More than nine out of 10 people living in urban areas around world are breathing polluted air, with southern Asia scoring worst in this area. While electricity and sanitation deficits in south Asia are still poor, but efforts are being made to close the gap.

Need to achieve deadline: Just 12 years left to 2030 deadline, achieving 2030 SDG Agenda requires immediate and accelerated actions by countries along with collaborative partnerships among governments and stakeholders at all levels.

Month: Categories: International

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India notifies higher tariffs on 29 items imported from US

India has notified higher tariffs on 29 items imported from United States (US). This is was in retaliation against US announcement imposing tariffs on steel and aluminium items — 25% and 10% respectively — imported from all countries except Canada and Mexico in March 2018 to compensate from loss of revenue.

Key Facts

The 29 items includes agricultural products such as almonds, apples, chickpeas, lentils, and walnuts, and industrial inputs such as some grades of iron and steel products. These higher tariffs amounting to $240 million will come into effect from August 2018, leaving room for further discussions between US and India before new rates are implemented. It follows India’s notification to World Trade Organization (WTO) that it was imposing additional tariffs on 30 items in retaliation for US duty on steel and aluminium. These additional duties were aimed at helping government earn an additional $241 million, equivalent to amount of iron and steel trade affected by US measures. The latest notification does not mention tariff hike on 800 cc (or more) motorcycles as it was earlier notified in 30 items list to WTO.

Month: Categories: Business, Economy & Banking

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