World and International News – 03-August-2023

fitch downgrades us credit rating

INTERNATIONAL NEWS
Fitch downgrades US credit rating to AA+
The US suffers a decline in credit rating from AAA to AA+.
Fitch Ratings has downgraded the US’ sovereign credit grade by one level from AAA to AA+ on the basis of ‘ballooning fiscal deficits and erosion of governance’ that have caused repeated debt limit emergencies over the past two decades

1. Govt introduces new visa for Ayush treatment. Union Home Ministry has notified the creation of a new category of Ayush visa for foreign nationals for treatment under Ayush and other Indian systems of medicine.

2. The government will launch e-clearance for after life remains portal on August 3 to facilitate swift transfer of mortal remains of Indian citizens who die abroad, Union Health Minister Mansukh Mandaviya said.

3. An Indian-American Shohini Sinha known for her work on counter-terrorism investigations, has been named as a special agent in charge of the FBI’s field office in Salt Lake City in the US state of Utah.

4. The recently announced Indian grant of ₹75 crore, for development projects targeting Sri Lanka’s Malaiyaha [hill country] Tamils, will be used primarily for the education and health sectors in the island’s long-neglected tea estate region.

5. Nisha Biswal has been confirmed by the United States Senate as the Deputy Chief Executive Officer of the US International Development Finance Corporation (DFC).

6. The Australian Space Agency has concluded that the dome-shaped mystery object that washed up on a beach in Western Australia was from an expended Indian rocket. The debris from an expended third-stage of a Polar Satellite Launch Vehicle (PSLV).

🌎WORLD NEWS🌍

1. JAPAN : Typhoon Khanun hits power lines in Okinawa leaving more than two lakh households without electricity.

2. TURKEY : Amid the uncertainty over the black sea grain deal, Turkey’s President Tayyip Erdogan in talks with Russian President Vladimir Putin highlighted the importance of avoiding steps that could jeopardize the resumption of the Black Sea grain initiative.

3. CHINA : Beijing receives record rainfall, atleast 20 people dead, 27 still missing due to torrential rains.

4. CANADIAN PM Justin Trudeau and his wife Sophie are separating after 18 years of marriage and have signed a legal agreement.

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Pooja Kumari Ms. Pooja,
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