World and International News – 12 November 2022

pm modi will go to indonesia will participate in g20 summit

INTERNATIONAL NEWS

1. PM Modi to visit Indonesia from 14th-16th Nov to attend G20 Summit in Bali

2. Union Finance Minister Nirmala Sithraman said that QUAD and Indo-Pacific Economic framework have further expanded cooperation between India and USA. She attended the 9th meeting of India-US Economic Financial Partnership in New Delhi.

3. During the Indo-Pacific Economic framework meeting, both sides will discuss issues of mutual interest including climate finance, multilateral issues, India-US cooperation at G20 under India’s Presidency, taxation, supply chain resilience, global economy and macroeconomic outlook.

4. In ASEAN Summit, Vice President Jagdeep Dhankhar addressed the Indian Diaspora at Phnom Penh, Cambodia.

5. The 14th meeting of the Conference of the Contracting Parties (COP14) to the Ramsar Convention on Wetlands is being co-hosted by Wuhan (China) and Geneva (Switzerland) from November 5 to 13, 2022. During the event, the Wuhan Declaration was adopted and a report on Ramsar sites was released.

🌎WORLD NEWS🌍

1. Saudi Arabia’s Crown Prince Mohammed bin Salman said, the kingdom would contribute $2.5 billion to a green initiative in the Middle East over the next ten years, and host its headquarters

2. The International Monetary Fund (IMF) provisionally agreed a $4.5-billion support programme for Bangladesh.

3. China announced major calibration to its strict Zero-Covid measures for international travellers, reducing quarantine time on arrival from seven days down to five, followed by three days of isolation at home.

4. The Pakistan Government is planning to implement an interest-free banking system in the country from 2027 under the Islamic law.

5. Father of modern election science, Sir David Butler, passes away at 98. In 1955, he introduced the swingometer to the BBC’s election night broadcast, which went on to become a staple of election coverage all over the world.

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