Current Affairs International

 Israel withdrew from a race against Germany and Belgium for two seats on the United Nations Security Council in 2019-20. Israel, Germany and Belgium were competing for two seats allocated to the Western European and Others Group. Germany and Belgium are now running uncontested, but they still need to win more than two-thirds of the overall General Assembly vote to be elected.
Source- The Guardian

 US state California's economy has surpassed that of the UK to become the world’s fifth largest, according to new federal data released. With a GDP of $2.7 trillion, California is now only behind the US, China, Japan and Germany. The UK and India are next on the list, followed by France, Brazil and Italy respectively. Despite having a population of only 40 million compared with the UK’s 65 million people, California’s gross domestic product of $2.7tn has overtaken the UK’s $2.6tn.
Source- The Guardian

  India is organising a five-day cultural festival in Egypt to commemorate the 157th birth anniversary of Nobel laureate Rabindranath Tagore. An exhibition on the paintings of Tagore titled ‘Rabindranath Tagore: Rhythm in Colours’ will be held at the Museum of Ahmed Shawky at Giza as part of the Tagore festival.  The festival is being organised by the Maulana Azad Centre for Indian Culture, the cultural wing of the Indian Embassy in Cairo. 
Source- AIR World Service

  The controversial UK marketing analytics firm Cambridge Analytica, which has been at the heart of the Facebook data scandal, has announced to cease all its operations immediately and filing for insolvency in Britain and the United States. Cambridge Analytica, also said, its British parent firm SCL Elections Ltd is to shutting down immediately. The firm is currently facing allegations of improper use of data on 87 million Facebook users which was hired by President Donald Trump’s 2016 US election campaign.
Source- AIR World Service

   In a new start, the Dominican Republic and China had established diplomatic relations as the Caribbean country becomes the latest nation to dump Taiwan in the face of Beijing's growing influence. With this, Dominican Republic has broken a 77-year alliance with Taiwan.
Source- DD News

 Prime Minister Narendra Modi arrived in New Delhi after a two-day informal summit meeting with Chinese President Xi Jinping in Wuhan. The Prime Minister was received at the airport by External Affairs Minister Sushma Swaraj. Earlier, Prime Minister Modi wrapped up his two-day visit to China with both the countries underlining the importance of maintaining peace and tranquillity in all areas of their border region in the larger interest of the overall development of bilateral relations.
On day two both leaders took a long walk by Wuhan’s iconic East Lake. The two leaders also agreed to issue “strategic guidance” to their militaries to strengthen communications and to build trust and understanding. After the walk the talk followed a Naav (Boat) pe charcha. The two leaders took a boat ride on a traditional Chinese wooden boat sporting a pagoda. Wuhan is a city of freshwater lakes along the banks of the Yangtze River.
Source- DD News

 The leaders of North and South Korea agreed to pursue a permanent peace and the complete denuclearization of the divided peninsula, as they embraced after a historic summit laden with symbolism. Kim Jong-un, the leader of North Korea and Moon Jae-in, the leader of South Korea also agreed to end hostile activities between the two nations, change the demilitarised zone (DMZ) that divides the country into a “peace zone” by ceasing propaganda broadcasts. They also agreed to joint participation in sporting events, including Asian Games 2018.
Source- DD News

 Prime Minister Narendra Modi left on a three-day visit to China. Mr Modi will hold talks with Chinese President Xi Jinping during an informal summit in Wuhan city. It is expected that the meeting between Mr Modi and Mr Xi will be a milestone in India-China relations. This will be Mr Modi’s fourth visit to China after he came to power in 2014.
Source- AIR World Service

 External Affairs Minister Sushma Swaraj co-chaired the 6th round of India-Mongolia Joint Consultative Committee meeting with her Mongolian counterpart Damdin Tsogtbaatar in Ulaanbaatar. The meeting discussed trade, economic, cultural and scientific co-operation. Mrs Swaraj became the first Indian External Affairs Minister to visit the nation in 42 years.
Source- AIR World Service

  Iran has banned the use of bitcoin and other cryptocurrencies by its banks and financial institutions. As per the central bank of Iran, the ban was necessary since all cryptocurrencies have the capacity to be turned into a means for money-laundering and financing terrorism and in general can be turned into a means for transferring criminals' money.
Source- The Reuters


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