Current Affairs – October, 2013

Latest Current Affairs October, 2013 with Current Affairs, news summary on current events of National and International importance of October, 2013 for Banking, SSC, CLAT, UPSC, State PCS, IBPS, Railways and other Competitive Examinations.

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Russian Parliament approves Anti-Terror Bill

In a move which aims to make terrorism punishment in Russia more sever, the lower house of the country’s Parliament, Duma passed a new Anti-Terror Bill which makes punishment for terrorism more harsh and also holds terrorists’ relatives liable to pay for the damages caused in attacks.

The upper house is expected to approve the Bill and then it will be forced into law by the assent of President Vladimir Putin. The bill further provides that training for terrorist activities is punishable by up to 10 years in prison. Those participating in a militant group on foreign soils may face a punishment of up to 6 years.

Putin has taken a tough stance against the North Caucausus rebellion following two wars between the Russian army and Chechen separatists.

Govt of Venezuela sets up Vice Ministry of Supreme Social Happiness

The government of Venezuela set up Vice Ministry of Supreme Social Happiness to tackle sadness in the people of the country. The focal role of the agency will be to coordinate all anti-poverty missions initiated by the late President Hugo Chavez to eradicate poverty.

Oil-rich Venezuela has been running short of basic goods and medical supplies for a long time. The rate of annual inflation is alarmingly at aorund 50%  and the US dollar is valued at more than seven times the official rate on the black market.

President Nicolas Maduro, who took to the office after the death of previous President Hugo Chavez, blames the shortages on speculation and hoarding, but businessmen say they would face terrible losses if they adhered to government price controls.