Current Affairs - March, 2020

This category comprises latest Current Affairs of March, 2020 with news summary on current events of National and International importance. Current Affairs March, 2020 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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US-Iran: Four Nuclear Restrictions renewed by US

On March 30, 2020, the US renewed four nuclear restrictions imposed on Iran. The restrictions were imposed to prevent Iran from building its nuclear programme.

Highlights

The nuclear restrictions on Iran imposed by the US has been renewed for another 60 days. The decision makes it harder for Iran to work on its Nuclear programme amidst the threat of COVID-19.

US-Iran

US and Iran signed Joint Comprehensive Plan of Action that aimed at curbing nuclear programme of Iran in 2015. Under the deal, most of Iran’s Uranium were shipped out of the country. Several operational nuclear operations of Iran were brought under international inspection. Also, a heavy water facility was made inoperable.

How is India affected?

Sanctions and hinderances to trade in Iran will affect India’s oil imports greatly. When US pressurized in similar way to cut oil imports from Venezuela. This had then affected India’s oil trade greatly.

Also, India has big plans to reach Central Asia through Chabahar port, which India is developing in Iran. These restrictions affect India’s ambitions.

China recommends Bear Bile as a cure for COVID-19

The Chinese Government has put on a list of medicines that shall be used to treat COVID-19. It includes both Chinese traditional medicines and western medicines as well. Among these, “Tan Re Qing” has been identified as best cure. This traditional medicine carries bear bile

Bear Bile

The use of Bear bile in Chinese medicine is being done for more than 1,300 years now. Liver secretes bile juice and the gall bladder stores it.

The Ursodeoxycholic acid in the bear bile is the curing component of COVID-19. It is also called Ursodiol. It is helpful in treating liver diseases and dissolving Gall stones.

What is the issue?

The extraction of bile from gall bladder of bear is painful process. Therefore, it becomes important to protect the wildlife through strict hunting laws. With the COVID-19 spreading at faster rate, it is important to save these animals that possess cure.

China’s Actions

The Chinese Government in the end of February 2020 imposed permanent ban on trading, hunting and transportation of wild animals shocking the conservationists in the country. China reports that in the last 15 years, over dozens of novel Corona Virus have been found. This primarily got transmitted to humans from bats.

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