Italy Current Affairs - 2019

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India to mark its presence at 58th VENICE BIENNALE 2019

India will mark its second appearance world’s oldest Biennale Art event to be held in Venice, Italy. This year 2019 is its 58th session in which, 16 out of 400 Haripura session posters will go up on walls of India pavilion at 58th Venice Biennale. Many countries such as Pakistan and Ghana will host pavilions Read More…

Month:  Categories: Events & Observances

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US to End Sanctions Waivers to India

Reports suggest that the US could terminate the sanctions waivers it granted to some importers of Iranian oil after it re-imposed sanctions on Iran last year. Ending of Sanction Waiver Reports indicate that the US has already communicated to seven countries viz. Japan, South Korea, Turkey, Italy, Greece, China and India- that they will no longer Read More…

Month:  Categories: InternationalUPSC

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Larus Labs partners with Global Fund for supply of AIDS drugs

Hyderabad-based pharma Laurus Labs Limited has announced that it has entered into a strategic partnership agreement with Global Fund for a period of 3.5 years. The agreement gives Laurus Labs volume commitments for drugs from the Global Fund for the treatment of HIV/AIDS. Global Fund to Fight AIDS, Tuberculosis and Malaria Global Fund to Fight Read More…

Month:  Categories: Governance & PoliticsUPSC

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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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World Gold Council Report

  The World Gold Council its latest report highlights the quantum of gold holding by the different countries. The findings of the report are: India has the 11th largest gold reserve and the current holding pegged at 607 tonnes. India’s would have been at the tenth position had the list included only countries. International Monetary Read More…

Month:  Categories: InternationalUPSC

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OECD Growth Forecasts 2019

The Organisation for Economic Co-operation and Development (OECD) has reduced the world economic growth forecasts for the year 2019. Economic Forecasts of OECD The report notes that trade tensions and political uncertainty, including Brexit and erosion of business and consumer confidence are weighing on the world’s economy thereby contributing to the slowdown. OECD has cut Read More…

Month:  Categories: Business, Economy & BankingUPSC

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Japanese architect Arata Isozaki wins Pritzker Prize

Japanese Architect Arata Isozaki has received the Pritzker Prize 2019. He is the 46th laureate and eighth architect from Japan to win the Pritzker Prize. Arata Isozaki will be awarded the prize of $100,000 (£76,000) and a bronze medallion in May at a ceremony at the Château de Versailles in France. Some of his major works include Museum of Read More…

Month:  Categories: Awards & Honours

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