Israel Current Affairs - 2019

Category Wise PDF Compilations available at This Link

StartupBlink Ranking of Countries for Startup Environment

StartupBlink has ranked 100 countries for startup environment of countries globally. The rankings were based on the data from over 61,000 startups, more than 500 accelerators, and over 1,400 coworking spaces registered on its platform along with data gathered from its global partners including Crunchbase, SimilarWeb etc.

The rankings were based on the impact startups have been able to make in the country, how many startups and support organisations are there such as accelerators, coworking spaces, startup events along with technology infrastructure, red tape, bureaucracy, etc.

Findings of the Report

  • The US, the UK, Canada, Israel, and Australia have been ranked in top5 in the rankings.
  • India was ranked 17th in the rankings and has climbed 20 spots (rank 37) from the previous ranking.
  • China was ranked 27th.
  • Estonia (13), Ireland (14), and Germany (9) were ranked ahead of India for their startup ecosystems.
  • The challenge before India is to improve the overall quality of startups and increase the number of unicorns than currently exist.

In the ranking of cities, Bengaluru stood at 11, New Delhi at 18 and Mumbai at 29. San Francisco Bay, New York, London, Los Angeles, and Boston topped the ranking among the cities.

Month: Categories: Reports & IndicesUPSC

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Arab League pledges $100m to Palestine

The Arab League has pledged to pay $100 million a month to the Palestinian National Authority to plug the resulting gaps since Israel has blocked tax transfers earlier in the year. The Arab League has taken the measure to ensure Palestine can be isolated from the political and financial pressure it faces.

Why did Israel freeze tax transfers to Palestine?

In February 2019, Israel decided to put into effect on Sunday a law passed by the Israeli Parliament in July 2018 calling to freeze funds transferred to the Palestinian Authority.

Israel had accused Palestine of transferring the money provided by Israel to terrorists who were detained in Israel as well as to their families and to released prisoners.

But Palestine sees the transfer as a kind of welfare system for families who have lost a breadwinner. Israel which collects taxes on behalf of the Palestine Authority says that the terror salaries are encouraging further violence.

Arab League

Arab League is a regional organization of Arab states in and around North Africa, the Horn of Africa and Arabia. The league aims to “draw closer the relations between member States and co-ordinate collaboration between them, to safeguard their independence and sovereignty, and to consider in a general way the affairs and interests of the Arab countries”.

At present, the League has 22 members but Syria’s participation has been suspended since November 2011, as a consequence of government repression during the Syrian Civil War.

Month: Categories: InternationalUPSC

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