G7 Current Affairs - 2019

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Italy joins China’s Belt Road Initiative

Italy’s Prime Minister Giuseppe Conte signed a memorandum of understanding (MoU) with Chinese President Xi Jinping in Rome, endorsing the global infrastructure-building scheme of China. Despite the warnings and pressure from the US and the Europen Union, Italy has joined the china’s mega connectivity scheme and has become the first G7 country to do so. Read More…

Month:  Categories: InternationalUPSC

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Africa Centre for Climate and Sustainable Development

The Africa Centre for Climate and Sustainable Development was inaugurated by the Italian Prime Minister Giuseppe Conte at Rome. The centre has been opened by the Italian government in association with the United Nations Development Programme (UNDP) and the Food and Agricultural Organisation (FAO). About the Centre The important aspects of the Africa Centre for Climate Read More…

Month:  Categories: InternationalUPSC

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PwC Global Economy Watch: Key Facts

The Global Economy Watch Report of PwC monitors trends and issues affecting the global economy and details its latest projections for the leading nations. The important facts from the 2019 report are listed below: India and France are likely to surpass the UK in the world’s largest economy rankings in 2019, pushing it down to Read More…

Month:  Categories: Business, Economy & BankingUPSC

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World Bank launches Pandemic Emergency Finance Facility

The World Bank has launched Pandemic Emergency Finance Facility (FEP) to help countries and health agencies fight deadly disease outbreaks. FEP is a financing mechanism designed to quickly mobilize funds to tackle global disease outbreaks and create a new insurance market for pandemic risk. It was unveiled at the G-7 Finance Ministers Summit held in Read More…

Month:  Categories: International

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G7 Hiroshima Declaration calls for world without nuclear weapons

The Group of 7 (G-7) countries’ foreign ministers have issued Hiroshima Declaration that calls for a world without nuclear weapons. The foreign ministers G-7 countries’ signed this joint declaration after meeting in Japan’s Hiroshima. G7 countries include Canada, France, Germany, Italy, Japan, UK and US. The declaration came as ministers wrap up their final day Read More…

Month:  Categories: International

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