CHRISTOPHER PISSARIDES: EUROPEAN POLICYMAKERS HAVE DEALT THE ECONOMY BETTER THAN THE U.S. IN COVID – 19 CRISIS

Highlights

• World-wide policymakers have rolled out unprecedented fiscal and monetary stimulus measures for economic recovery
• The European approach will play a vital part in the economic recovery

Christopher Pissarides, a Nobel laurea...

LEARN TO STAY HAPPY IN COVID ERA

Highlights:       

• Humans can’t survive without social gatherings or venturing out of the house.
• Staying happy during COVID era is becoming a challenge in itself. 
• For some people it is possibl...

NEW JAPANESE APP TO ALLOW SPORTS FANS TO CHEER FROM THEIR HOMES

HIGHLIGHTS

• Due to the fear of coronavirus, crowded gatherings are risky and fans cannot watch sports in stadiums.
• Remote Cheerer app can help fans to cheer for their favorite stars from a remote location.
• The app has been successfully teste...

SINGAPORE STRATEGY TO BE SELF RELIANT FROM FOREIGN WORKERS; INTERNATIONAL TRAVEL PLANS TO REIGNITE

Singapore is searching out numerous ways to lessen its dependence on foreign workers. Technology has answers to some of such questions that present automation as an answer. Indranee Rajah, second minister of Finance quoted that the manually carried out work that is not continuous should be automa...

UN CONFIRMS THE DELAY OF COP26 BY A YEAR

Highlights

• The talk aims to keep off the threat of climate breakdown
• It has been pushed due to the coronavirus crisis

The UN has confirmed that Cop26 will be delayed by a year to November 2021. It has been done because of the coronav...

VIRUS OUTBREAK FEAR AMID VIOLENT PROTESTS, MAYORS DEMANDS COVID TEST FOR PROTESTERS

Highlights:       

• Peaceful protests turned violent and caused lots of damage in many U.S. cities, following the custodial death of George Floyd.
• The racial injustice took unexpected shape with people going crazy by...

JAPAN CALLS FOR TRANSPARENCY IN CHEMICAL HAZARD INFORMATION

HIGHLIGHTS

• Ministry of Health Labour and Welfare has discussed proposals to ensure transparency in the exchange of chemical hazard information.
• Focus was on chemicals that caused accidents involving acute toxicity from chemical exposure.
• Th...

GOVERNMENT OF INDIA ANNOUNCES ADDITIONAL RS 20,000 CRORE FOR MSMEs

Highlights

• The government announced an equity assistance worth Rs 20,000 crore for Micro Small and Medium Enterprises (MSMEs)

• The Agriculture ministry announced Minimum Support Prices (MSPs) for 14 crops in order to help the farmers

On the meeting that ...

CHANG CHUG SING SAYS SINGAPORE TO GAIN ECONOMIC MOMENTUM SOON

Singapore trade minister Chan Chun Sing said on Monday that Singapore will soon experience a smooth economy. All the restrictions inflicted in the wake are to prevent the country from epidemic will be uplifted.

Noting about industry-wise opening, he briefed that 80% of the economy will ...

CHINESE FIGHTER PLANES ARE HOVERING NEAR EASTERN LADAKH, INDIA ON ALERT

As the situation on sino-India border continues to escalate, the reports state that Chinese fighter aircraft are flying 30-35 kms from the Eastern Ladakh. The Indian Army and the Central Government are keenly observing the complete situation and movement of Chinese fighter aircrafts that are stat...

NEW LAW IN JAPAN SPELLS TOUGH REGULATIONS FOR TECH GIANTS

HIGHLIGHTS

• The new law from Japanese Parliament is meant to ensure transparency among tech giants.
• Now tech giants would have to face tougher regulations.
• E-Commerce giants would have to share information about their business practices to t...

ROHIT SHARMA NOMINATED BY THE BCCI FOR RAJIV GANDHI KHEL RATNA AWARD

The vice-captain of Indian cricket team, Rohit Sharma has been nominated by the Board of Control for Cricket in India (BCCI) for Rajiv Gandhi Khel Ratna Award for the year 2020, while players like Shikhar Dhawan, Ishant Sharma and Deepti Sharma have been nominated for the Arjuna Award.
All...

EUROPEAN COMMISSION WILL AID FINNISH SCHEME – COVID-19

Highlights –

• Due to the ongoing pandemic, the European Commission has decided to help Finland.
• The Commission will help Finland under the EU state aid rules.
• The Commission plans to support Finland by donating $130 million.

KNOW ABOUT ASHWINI BHATIA, THE NEXT SBI MD RECOMMENDED BY BANKS BOARD BUREAU

Highlights

• Along with Ashwini Bhatia for SBI, MV Rao and PP Sengupta are also recommended by the BBB for the post of MD at the Central Bank of India and Indian Overseas Bank

• According to the official statement, BBB had interactions with 20 contenders from various...

EUROPEAN SHARES RISE STEADY ON MONDAY

Highlights –

• Due to a steady global economic recovery, European shares gain on Monday.
• The Sino-U.S political tension may have not had an adverse effect on the global market.
• Pan-European STOXX 600 index rose 0.6%.
• Pharmac...

REPORT: LOW LEVELS OF AIR POLLUTION WILL HELP AVOID COVID – 19 CRISIS

Highlights

• Exposure to dirty air has been linked with increased infections
• Measures shall be taken to keep air pollution levels low

According to a cross-party report from MPs, to help avoid a second peak of coronavirus infections, ai...