March 2012 International Current Affairs
International
Nepal Calls For Help to Settle Mt Everest Height
Nepal
is appealing to the international donors to help its finally settle, a
long-running dispute over the height of Mount Everest, according to a
Government official. The World’s highest peak, Which straddles Nepal and
China, is usually attributed a height of 8,848 metres following an
Indian survey in 1954, but other an American team using GPS technology,
recorded a height of 8,850 metres. Everest was first measured in 1856.
In 2010, Nepal and China reached a compromise under which Nepal measured
the height of Everest’s snow cap at 8,848 metres and China measured
the rock peak at 8, 844 metres.
Young Leader’s Big N-Deal
North
Korea’s young leader had taken his first step on the international
stage by doing a deal with the United States after the death of his
father in a move that will help to establish his credibility. The
reclusive state agreed to suspend nuclear test, halt long-range missile
launches and enrichment of uranium at a nuclear facility and allow back
nuclear inspectors, completing a key piece of business left unfinished
by his father Kim Jong-il, who ruled the impoverished state for 17 yrs.
US Court Dismissed a Lawsuit Against, Srilankan President
A
US federal Judge on 1 March 2012, dismissed a lawsuit filed against the
Srilankan President Mahinda Rajapaksa. The lawsuit alleged that the
president Rajapaksa is responsible for human right abuses occurred
during the civil war in Srilanka.
25 EU States Sign Pact For Budget Discipline
All
but two European Union Countries signed a fiscal pact to tighten budget
discipline on 3 March2012, making a coup for Germany that pushed for
the accord to prevent a repeat of the loose spending that led to
economic crises. Only Britian and czech Republic did not sign the
agreements , under which all other countries in the 27- nation block are
to write a golden rule on balanced budget in national constitutions
equivalent law’s and automatic corrections mechanism, if the rule is
breached.
Britain Won’t Be Christian By 2030
Briatain
may no longer be a Christian country by 2030 as the number of
non-believers is set to overtake the number of Christians. Christianity
is loosing more than half a million believers per years , while the
count of atheists and agnosties is going up by almost 7,50,000 annually.
The number of Muslims has surged by 37%, Hindus by 43% and Buddhist by
74%.
China Develops Systems To Predict Earthquakes
Chines
scientists claimed to have developed a system to monitor the movement
of the Earth’s crust and predict earthquake’s. The new system will be
based on satellite navigation involving a network of 260 constant
observing stations and 2,000 part time observing stations with data
processing technology. According to the officials of China Earthquake
Administration, The new system will be used for weather forecasting and
scientific research, among their purposes.
US Sees Vatican As Hub For Hawala’s
The
Obama Administration for the first time has identified Vatican city as a
potential hub for money laundering along with 67 other countries . The
state department Annual International Narcotics Control Strategy
Report(INCSR) identifies the 67 countries for money laundering or other
financial crimes.It looks at the national laws to fight financial crime,
their enforcement as well as the size of the banking sector. Major
economics including the US, Britain and Japan are identified as
countries of primary concern for money laundering.
Forbes Rich List Of 2012
Maxican
Tycoon Carlos Slim Helu retains his position as the World’s richest
person. An all time high 1,226billion worth a record $4.6trillion were
counted this year. The second is Bill Gates with 61.0billion, Warren
Buffett in the third place with 44.0billion, the last three in top 10
are Stefan Persson with 26.0billion Li Ka Shing with 25.5billion and
Kari Albrecht with 25.4billion.
Russia To Offer Air-Base To US
A
new deal allowing the United States and its NATO allies to use a
Russian air base for transit of troops and military cargo to Afghanistan
. It would help Russia’s own security, Russia’s Foreign Minister said
that the plan to permit the US and other NATO nations to use their air
base in the city of Ulyanousk on the Volga River will be considered by
the Russian cabinet .
China, World’s Biggest Art, Antiques Marketer
China
had overtaken the US as the World’s biggest market for art and antiques
in 2011. According to the report, China share of the global art market
rose from 23% to 30% last year pushing the US to second place with a
share of 29%,UK with a share of 22% in third place and France in fourth
place with 6%.
Putin Wins Presidential Poll
Prime
Minister Vladimir Putin had won for the third term as Russian President
in the Presidential elections held on 4 March 2012 and gets the highest
percent of 63.6% votes in the election.
Oil Discovered in Kenya
The
President of Kenya, Mwai Kibaki said on 26 March 2012 that oil deposits
had been discovered in the country’s Northwest and first time in the
East African nations . He cautioned that commercial viability is still
uncertain through it was good news for the country, but the discovery
was the beginning of a long journey before Kenya could become an oil
producer. The discovery was made in Kenya’s Turkana region, Neighbouring
South Sudan and Uganda both have oil industries. The discovery was made
after exploratory drilling by Anglo-Irish firm Tullow oil
Syria Accepts Kofi’s 6-Points Peace Plan
Syria
had accepted UN Arab League envoy Kofi Annan’s six points peace
proposal to end the year long violence, a more which the former UN Chief
Kofi Annan described as an important initial step to taken by the Syria
to fulfill. Syria commits to work with Annan in a inclusive Syrined
political process to address the legislative aspirations and concerns of
the Syrian people.Syria commits to stop fighting and immediately stop
troop movements and use of heavy weapons in populated areas Syria
accepts and implements a daily two hours humanitarian pause to deliver
aid and evacuate the injured Syria commits to intensify the pace and
scale of release of arbitrarily detained persons and provide a list of
all places Syria commits to ensure freedom of movement through out the
country for Journalists and a non discriminatory visa policy for them
Syria commits to respect freedom of association and the right to
demonstrate peacefully as legally guaranted
Beijing Begins Mapping Disputed In South China Sea
China
having maritime disputes with several of its neighbours, said that it
is mapping South China sea (SCS) with an aim to step up exploration for
oil and gas and reinforce its territorial claims. The majority of the
disputed water used to be beyond our reach because we seldom put our
claims into action . The Chinese Academy of Social Sciences, told by
drawing a map, the country can reinforce its jurisdiction claims in the
South China Sea , and further actions may fallow, such as exploiting
resources near the Nansha Islands.
Euro-zone Builds $1 trillion Financial Firewall For Larger Economies
The
Euro zone nations have reached a deal to build up a massive 800billion
euro( around US 1.1trillion) financial firewall to present the two years
old sovereign debt crisis from anguefing larger economies such as Spain
& Italy. The finance minister of the 17 nations using the single
currency agreed at the start of a two day meeting in Copenhagen to boost
the fire power of euro-zone’s financial bailout fund to 700billion
euros.It will be done by bringing together the temporary European
financial stability facility mechanism (ESM) which has an initial
funding capacity of 500billion euros.
Coups In Mali Ousted Its President
Rebel
troops in Mali ousted its president Amadov Toumani on 22 March 2012.
The ousted president Amadov Toumani Toure was due to leave office after
elections on 29 April 2012 The rebels slammed the government for failing
to control an ethnic Tuareg insurgency in the Northern part of Mali.
The Tuareg insurgency includes fighters who supported Munnar Gaddafi in
Libya. USA suspended military and other funds directed to Mali
Government.
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