Showing posts with label International Current Affairs. Show all posts
Showing posts with label International Current Affairs. Show all posts

Saturday, 1 September 2012

Obama cancelled three times to kill laden: a new book released-"21/08/2012"

21 August 2012 Current Affairs
Explosive claims: Barack Obama allegedly cancelled three operations to kill Osama bin Laden before finally going ahead with the mission at the insistence of Hillary ClintonObama cancelled three times to kill laden: a new book released
Us President Barack Obama cancelled puts off three times operations to kill the world’s  most breaded terrorist Osama bin Laden before finally going ahead with the mission at the insistence of Secretary of State Hillary Clinton, a new book has claimed.The book, which is slated for released on 21 August, claims that the White House’s carefully-crafted narrative of Obama as a decisive leader who sanctioned the killing of the al-Qaeda supremo was a “myth” and challenges a key element of Obama’s re-election bid – that his decision to kill Osama symbolizes his resolute leadership.
Miniter, a former ‘Wall Street Journal’, ‘Washington Times’ and ‘Sunday Times’ of London journalist, cites an unnamed source within Joint Special Operations Command as revealing that three ‘kill’ missions were cancelled by Obama in January, February and March 2011.
Bin Laden was eventually killed by US Navy SEALs inside his compound in Abbotobad, Pakistan in May 2011.


Kurien elected as Deputy Chairman of Rajya Sabha
Congress member PJ Kurien was on 21 August 2012 unanimously elected as deputy chairperson of the Rajya Sabha.  Prime Minister Manmohan Singh moved the motion for the election of Kurien.  He has been a member of national parliament for the last 3 decades.

Delhi launched a New Scheme of Free Kerosene
Chief Minister Sheila Dikshit on 21 August, 2012 distributed  liquid petroleum gas (LPG) connection papers and stoves to 20 people at a function at Delhi secretariat to mark the launch of a scheme that aims to make the capital kerosene – free by December this year.  Under this scheme 3.56 lakh Antodaya Anna Yojana  (AAY), Below Poverty line (BPL) and Jhuggi Ration Card (JRC) would be provided a free gas connection and stove in lieu of their kerosene quota.

Indo American Fareed Zakaria resigned from Yale Government Board
After a long association with Yale University the noted Indo American Writer  and and journalist Fareed Zakaria has resigned from its governing body to focus on journalistic career.Zakaria, who received his bachelor’s degree from the university, was associated with the Yale Corporation for past six years. The decision of Zakaria to shed some of his non-journalistic responsibilities has come close on the heels of accusations of plagiarism against him.

Thursday, 30 August 2012

Miss World 2012 is Wenxia Xu-"18/08/2012"

18 August 2012 Current Affairs
V.V.S.Laxman Announced Retirement from International Cricket
Vangipurapu Venkata Sai Laxman, one of the finest batsman in contemporary cricket, is contemplating retirement from International cricket on 18 August, 2012.  He played 134 tests, amazing 8781 runs at an coverage of 45.97 and hitting 17 hundreds.  He played 86 ODIs for an aggregate of 2338 runs at an average of 30.76.

ITS 2012 to be held in Goa in November International Temple Summit 2012
The International temple summit (ITS) 2012, a global convention of temple trusts and holy shrines, will be held in GOA.  The met willfocus on key topics such as security, financial management, infrastructural enhancement, etc.  The CFOs and Chief functioniers of all major temple trusts from India, Nepal and other International temples are expected to attend the meet.The CEOs and chief functionaries of all major temple trusts from India, Nepal and other international temples are expected to attend the meet.



xu wenxiaMiss World 2012 is Wenxia Xu
China’s Wenxia Xu won the gown of Miss World 2012.  She became the World’s most beautiful Woman.  Wales Sophie Moulds was first runner up and the second runner up position to Jessica Kahawaty of Australia.  Indian Vanya Mistra is on the 7th position by winning two awards in miss world competition.  The Multimedia award and social networking skin and beauty award goes to Indian beauty. The 62nd edition of theMiss World pageant was held on August 18, 2012 in Dongsheng Fitness Center Stadium, ordos city, inner Mongolia in china.

National Sports awards to Olympic Medalists
London Olympic medalists, shooter Vijay Kumar and Wrestler Yogeshwar Dutt have been the country’s highest sporting honour “Rajiv Gandhi Kel Ratna”.  Yuvraj and other Olympic medalists totally 25 sports persons gave the Arjun Award at Rashtrapati Bhavan on August 29, 2012.

Friday, 17 August 2012

Hamid Ansari Sworn as 14th Vice President for 2nd term-"11/08/2012"

11 August 2012 Current Affairs
Prime Minister, Manmohan Singh, greets Mohammad Hamid Ansari after he was re-elected as Vice President of India, in New Delhi on Tuesday. Ansari's wife Salma is also seen. - PTIHamid Ansari Sworn as 14th Vice President for 2nd term
Hamid Ansari took oath as the 14th vice president of India for second term. This ceremony was held at Rastrapati bhawan  in New Delhi on 11 August 2012. Ansari was administered the oath of office by president Pranab Mukherjee at a function attended by P.M Man Mohan. congress chief Sonia and all other leaders and Party members. UPA candidate Ansari had defeated National democratic Alliance (NDA) nominee Jaswant Singh by a margin of 252 votes in the vice President election held on 7 Aug 2012  to secure another term in office. His first term from 2007-12.
The UPA and its supporters the SP, BSP and the RJD had decided to support Ansari along with the CPI (M), CPI and the Forward Bloc.
Five years ago, it was the CPI (M) which had suggested his name for the post of Vice-President. He was then the Chairman of the National Commission of Minorities.

Pak Prez Formed a Panel to Talk with Pak Hindus
Pakistan President Asif Ali zardari has set up a three member committee of Parliamentarians to meet and reassure Hindus in sindh of their security after their families decided to flee their homes. Zardari has taken serious notes of reports of the “Sense of Insecurity” among hindus families in sindh and directed authorities to address their unfair treatment and report to him. This panel consists of senator Hari Ram, National Assembly member Lal Chand and Federal Minister Moula Bakhsh Chandio.

India appoints ex-IMF economist Rajan as top adviser: SourcesChief Economic Advisor of India
Rashuram G. Rajan, a former International Monetary Fund (IMF) Chief economist who is currently employed as professor at Chicago University, is set to take over as India’s new chief economic advisor. The 49-year-old economist had achieved fame for his perception warming on the global financial crisis of 2008. Rajan will replace Kaushik Basu, whose term ended on July 31.
Global ratings agencies Fitch and Standard and Poor's have said India risks losing its investment grade sovereign rating if it does not tackle wide fiscal and current account deficits.
Rajan is the author of two books, Saving Capitalism from the Capitalists and Fault Lines, which won the Financial Times Business Book of the Year award in 2010.

Gujarati Literature Suresh Dalal Died  
Suresh dalal, the doyer of contemporary Gujarati literature and essayist died after a brief illmess at a mumbai hospital on 10 Aug 2012. He was 79. Suresh Parsho Hmadas Dalal had won sahitya Akademy Award for his work akahnd Zaar vage in2005. he served as vice chancellor of the Ms University of Baroda in late 1990s. He edited around 25 books mainly collections of essays and poetry.

Zakaria suspended by CNN/TIME Magazine
Indo – American Journalist and author Fareed Zakaria has been suspended by his employers and Time Magazine because he copied some Portions of an article he wrote on ” Gun Control for Time”, from the New Yorker Magazine. he suspended for one month.

Iran Struck  by Severe Earth Quake
Iran severely effected by two earth quakes. The magnitude of the first earth quake is 6.4 which struck of 60km north east of the city of Tabriz at a depth of 9.9km(6.2 miles), and Second quake measuring 6.3 struck 49km (30 miles),north east of Tabriz for 11 minutes. 250 people has been killed and about 1,800 are injured. 110 villages were damaged due to the earth quake. so many are left with home less.

Yogeshwar Dutt Won Bronze for India
The wrestler Yogeshwar Dutt, who won a bronze medal for his success starved the country of suffering a badly swollen eye. The 29-year-old defeated North Korea’s Ri Jong – Myong to give India’s Fifth medal. 10 million rupees awarded to Yoigeshwar Dutt by chief Minister of Haryana Bhupinder singh Hooda.

Tuesday, 14 August 2012

Sally Pearson Won 100m Hurdled Olympic Gold-"08/08/2012

8 August 2012 Current Affairs
It is time that the authorities evolve strategies to contain the emission of green house gases since the vehicle population is increasing at a rapid pace. Photo: M.A. SriramA New Oxidant in the Atmosphere
For the first time scientists found equivocal evidence of another oxidant playing a vital role in the formation of gases like sulphuric acid in the atmosphere. Till now scientist thought that the combination of OH(Hydroxyl Radical)Oxidant with sulphur dioxide(SO2) was the dominant way for gaseous Sulphuric acid in the atmosphere. The scientist said the new oxidant has ” Significant capacity’ to Oxidize Sulphur dioxide.R.L. Mauldin from the University of Helsinki and other co-authors are yet to identify the oxidant with certainty, and have named it as ‘X.’ They found the new oxidant has “significant capacity” to oxidise sulphur dioxide.

Olympics: Salimikordasiabi wins Olympic weightlifting goldSalimikordasiabi Won Olympic Gold  
Inran’s Beh Salmi Kordasiabi won gold in the event of weightlifting competition at London to claim the title of “Strongest man at the Olympics”. He lifted 455 kg in total.silver for sajjad Anoushiravani.He is from Iran. Bronze for Russia’s Rulsan ALbegor with 448kg.
Since no one even tried to challenge that score, the Iranian giant used his second attempt in the clean and jerk to try for a world record. He loaded the bar with 264 kilograms — the weight of a golf cart — but gave up instantly, and skipped his final lift.
The competition had an ugly moment when defending Olympic champion Matthias Steiner lost his balance trying to lift 196 kilograms — about 432 pounds — in his second lift of the snatch portion of the competition. He fell awkwardly to the platform as the barbell crashed down on him.

 India’s 4th Medal by Mary Kom
Indian’s Female Boxer Mary Kom Settle for Bronze in the Women’s fly category at the London Olympics 2012. This is 4th Medal for India, she is from Manipuri. she has become the first women boxer to claim an Olympic Medal by entering Semifinal of Women’s 51kg category by defeating Marowa Rohali of Tunisia.

Sally Pearson Won 100m Hurdled Olympic Gold
Sally pearson an Australian Won 100m hurdles Olympic Gold. She made an Olympic record time of 12.35seconds at Olympic Stadium, London. The Victory margin  record time of 12.37 seconds made by Joanna Hayes of US in Athens.

India Ranked Second in Search Queries for Education on Google
Indian Ranked  second in education queries on Google.After the US, Indian people from IIT Delhi and IIM Ahmadabad were the most searched in their respective categories. India was Ranked 8th in 2008, at present it is behind only to the US,reveals a study titled”Student on the Web” compiled by Google India. The study was compiled by combing Google search Query patterns and an offline research conducted by TNS Australia on behalf of Google India.

” The Best Story ” Award for Indo-American
Indian American Rajan Gangahar has won the ” Best Story” award for the movie”Kushiyaan”at the Punjabi International film Academy Award(PIFAA) held in Toronto . New york based Rajan was presented with the award at a function held in Toronto. His first film as a story writer, Rajan wrote dialogue and scree play for ” Khushiyaan”, made by another Indo-American Trilok Malik.

Typhoon Haikui Hit East Coast China
Typhoon Haikui hit to the east coast china on 8 August 2912. By hitting hard the area around the business metropolis of shanghai with heavy wind and rain. The storm’s wind’s were at ‘Severe typhoon”. It made land fall in the Province of Zhejiang, about 225 kilometers(140 miles) south of Shanghai. The wind speed in between 150 and 184 kilometers per hour. Chinese officials had relocated 374.000 people from shanghai and 250,000 from zhejiang.

Sunday, 12 August 2012

Australia to Host G20 Finance Ministers Meet 2014 - "05/08/2012"


Gold medallist Britain's Ben Ainslie gives a thumbs up sign during the men's finn class one person dinghy (heavyweight) sailing medal race victory ceremony at the London 2012 Olympic Games in Weymouth and Portland (Reuters)
5 August 2012 Current Affairs
Ben Ainslie Claims  a Record
Britain’s Ben Ainslie became the most successful Olympic sailor on 5 August 2012 won a gold medal in the single handed finn class to claim a record breaking fifth consecutive medal.He also matched the record for most Olympic sailing medals of any colour, previously held by Torben Grael of Brazil who managed two golds in 1996 and 2004, silver in 1984 and bronze in 1988 and 2000.


Murray Won Olympic Gold
Britain’s Andy Murray demolished Roger Federer 6-2,6-1,6-4 in the men’s final on 5 Aug 2012 to wins first gold medal ad avenge his Wimbledon final defeat against the world no1. Roger Federer bagged Olympic Silver , Juan Martin del potro bagged copper.

Cairns to host G20 finance summitAustralia to Host G20 Finance Ministers Meet 2014
The Tropical Northern Australian city of cairns will host a meeting of G20 Finance Ministers and Central Bank Governors in 2014. Around 4,000 delegates and 3,000 international media are expected to attend the event, which is likely to be held at the Brisbane Exhibition and Convention Centre.

Mr Newman said Cairns was chosen because it was a regional tourist city with the hotels and international airport needed to host the 2000 delegates and media expected to attend.




Gopal Goyal Kand Home Minster of Haryana Quits
Haryana Minster of state for home, Goyal Kanda resigned on 5 August 2012 night after a 23-year -old farmer air hosters named him in a suicide note before hanging herself.

Serena and Venus Williams won Olympics Gold in Women;s Doubles
Serena and Venus Williams teamed to win women’s doubles title at the Olympics on 5 August 2012. The third time the dynamic duo taken Home the gold medal.

China's Lin Dan celebrates winning his men's singles badminton gold medal match against Malaysia's Lee Chong Wei at the London 2012 Olympic Games at the Wembley ArenaLin Defends Olympic Badminton Gold
China’s Lin Dan over hauled Lee Chong Wei in the final to win Olympic men’s badminton singles on 5 August 2012.
"My mind is blank right now. I am very, very happy," a joyous Lin told reporters. "This medal is confirmation of all my hard work since 2008. It is very tough being a Chinese player because we work so hard and sacrifice so much."

Thursday, 9 August 2012

Rajiv Gandhi Sadbhavana award for D.R. Mehta -"04/08/2012"

Rajiv Gandhi Sadbhavana award for D.R. Mehta
Renowned social worker DR Mehta, founder and chief patron of the organization that popularized the Jaipur Foot, has been selected for the  Rajiv Gandhi National Sadbhavana Award for this year. D.R. Mehta will   present the 20th Rajiv Gandhi National Sadbhavna Award at a function New Delhi on 20 Aug 2012.The award, which carries a citation and cash of Rs 5 lakh, is being given to Mehta, a former chairman of the Securities and Exchange Board of India, for his “outstanding contribution towards promotion of communal harmony, peace and goodwill”.Former recipients of the award include Mother Teresa, Ustad Bismillah Khan, Lata Mangeshkar, Sunil Dutt, S.N. Subbarao and Dilip Kumar.

India’s Most Admired Surgeon
India born internationally acclaimed NRI Heart Surgeon and Research Scientist from the famed Harvard University, Dr Mukesh Hariawala, has been unanimously selected by the National Healthcare jury to be honored with the prestigious ” India’s Most Admired Surgeon 2012 Award”.His pioneering research work on the dynamic cutting edge scientific technology of stimulating growth of new blood vessels on the heart by using ” Low Energy Laser Beams “. This in combination with ” Single Arterial Graft ” and ” Direct Stem Cell Injections ” in patients who suffer from old and new heart attacks, is projected to significantly give relief of symptoms and bring down the cost of healthcare.

Saina Nehwal clinched Bronze at London Olympics 2012
Ace Indian shuttler Saina Nehawal won India its third medal at London Olympics 2012 after she clinched a bronze in women’s singles badminton event played at Wembley Arena on 4 August 2012. Saina bagged the bronze after her Chinese opponent  Xin Wang conceded the match due to a knee injury. Saina’s bronze marked India’s third medal at London Olympics 2012 and twelfth individual medal in the history of modern olympics.

Serena Williams Wins Olympic Gold
Serena Williams secured her first ever gold medal victory in the women’s singles with 6-0, 6-1 win over the Russian beauty, Maria Sharapova at the All England Lawn Tennis Club in Wimbledon on 4 August 2012.Serena becomes the second women to win the Olympic gold medal in addition to all four different Grand Slam titles. she also set the record of being the only female professional to attain the number one spot in both singles and doubles category.

Indian shooter Vijay Kumar bagged Silver in Olympics - "03/08/2012"

3 August 2012 Current Affairs
Vijay Kumar with his father, Subedar (retd) Banku RamIndian shooter Vijay Kumar bagged Silver in Olympics in Rapid Fire Pistol Event
Indian shooter Vijay Kumar clinched the silver on 3 August 2012 in London Olympics.In a nerve-wracking battle for Olympic medal in the individual 25 metre rapid fire pistol event. Leuris Pupo of  Cuba  clinched the score 34 out of 40 to won gold. Chinese marksman Ding Feng bagged the bronze.

Shinde named Leader of House in Lok Sabha
Shinde named the Leader of the House in Lok Sabha, three days after he became the Union Home Minister.  The Lok Sabha leader’s post fell vacant after Pranab Mukherjee was elected President.Prime Minister Manmohan Singh has nominated Shinde to the post.

Pakistan Supreme Court annulled New Law Protecting the Prime Minister
Supreme Court of Pakistan on 3 August 2012 annulled the new law called Contempt of Court Act 2012(COCA 2012). Pakistan’s Supreme Court 3 August 2012 struck down a law designed to protect the new prime minister from being charged with contempt and thrown out of office like his predecessor.The court ousted the previous prime minister, Yousuf Raza Gilani, from office in June by charging him with contempt of court for failing to reopen corruption proceedings against President Asif  Zardari.

Wednesday, 8 August 2012

Kofi Annan Resigns as Syria Peace Envoy - "2/08/2012"

Kofi Annan quits as Syria peace envoy


Kofi Annan Resigns  as Syria Peace Envoy
Kofi Annan resigned as the UN Peace envoy to Syria on 2 August 2012 by complaining the international community had not done enough to support his bid to persuade Bashar al-Assad to accept a peace plan. His term as  UN peace interlocutor was set to expire on 31 August 2012. Annan was appointed the UN-Arab League Peace envoy to Syria in February 2012. A formidable diplomat Annan was assigned with the task to explore for the peaceful solution to the Syrian crisis and secure a peaceful transition of the regime.Mr Annan also complained that "continuous finger-pointing and name-calling" in the UN Security Council had hindered his attempts to implement his so-called "six point peace plan"

Reshuffle in the Cabinet Ministry of Odisha : Patnaik
Naveen Patnaik to expand his cabinet todayThe Chief Minister of Odisha  Naveen Patnaik  reshuffled his Cabinet Ministry on 2 August 2012.  He dropped Five dropped five influential ministers and inducted 9, including six new faces, in a major reshuffle of his council of ministers   dropped Ministers are ; Ghadai, Prafulla Samal, Atanu Sabyasachi Nayak, Pushpendra Singhdeo and Pratap Jena.The Six new Ministers appointed by the Chief Minister of the State are:-Pratap Keshari Deb, Subrat Tarai, Rajanikant Singh, Sarojini Hembram, Arun Kumar Sahu and Rabi Narayan Nanda.While Patnaik had been carefully examining the whole issue since June, ruling BJD MLAs were lobbying hard in their bid to secure a berth in the council of ministers.Among the strong contenders for ministership are senior legislators and former ministers Damodar Rout, AU Singh Deo and Bijayashri Routray, the sources said.


Andrian Clinches Gold by a Finger Tip
Nathan Andrian clinched the Olympic 100 m free style gold by a fingertip on 1 August 2012 to become the first American to hold the title since 1988.+ Eight badminton players were disqualified from the Olympics after a scandal over "throwing" matches. Womens pairs from China, Indonesia and South Korea are accused of trying to lose matches in the round robin phase to manipulate the knockout draw.
+ Tour de France winner Bradley Wiggins won Britain's second gold of the Games, becoming Britain's most decorated Olympian. Rowers Helen Glover and Heather Stanning earlier gave the host nation its first gold, in the women's pairs.
Rebecca Soni Sets World Record at LondonImage: SoniRebecca Soni a US Star, Who won her second straight Olympic title in the 200 metre  Breast Stroke on 2 August 2012.She Touched in 2 minutes 19:59 seconds,breaking the mark of 2 minutes 20 seconds she set in the semi finals.

Xiaojun Rewrites Records on Way to Gold
China’s Lu Xiaojun  broke two weight lifting world records on his way to winning gold on 1 August 2012. He sets a world record by 1 kg with over all weight of 379 kg across the two styles of Olympic lift.The total included a World record snatch of 175kg.

S. Ambedkar is MD of HSBC Private Banking India
HSBC has appointed shantanu Ambedkar as Managing Director and Head of Private Banking for India.

Odisha's Jajpur District Wins JRD Tata Memorial Award- 2011Jaipur Bags JRD TATA Award
Odisha’s Jaipur district has bagged the coveted fifth “JRD Tata Memorial Award 2011″ for Population ,reproductive health and Family planning programme. The award was presented Nobel Laureate Amartyasen at JRD Tata memorial Award and Oration Function held in New Delhi.

China’s millionaire number crosses million mark- "1/08/2012"


Gore VidalContrarian Author Gore Vidal Dies
Writer Gore Vidal, who filler his novels and essays with acerbic observation on politics,sex and American culture. While carrying on feuds with big-name literary rivals,died on 1 August 2012 at home in Los angels of complications from pneumonia,age 86. His historical novels was ‘Burr’, ’1876′.’Lincoln’,'The Golden Age’.
The novelist, essayist, wit and contrarian Gore Vidal, one of the towering figures of American cultural and political life for more than six decades, has died of complications from pneumonia.Vidal died at his home in the Hollywood Hills in Los Angels at about 6.45pm on Tuesday, his nephew Burr Steers said. Vidal had been living alone in the home and had been sick for "quite a while", Steers said.

China`s millionaire number crosses million markChina’s millionaire number crosses million mark
The number of millionaires in China crossed a million mark for the first in the Communist nation, putting it in the elite club of the wealthy nations like US and Japan. The elite millionaires group includes 63,500 billionaires, according to Hurun Report, a Chinese event and publishing group which compiled the China’s list of the rich.The number of Chinese worth more than 10 million yuan (USD 1.6 million) broke the million mark in 2011 for the first time, with 1.02 million people now in this elite group. Of these million-plus wealthy individuals, 84 per cent are concentrated in the eastern, northern and southern regions of China, with Beijing home to the greatest number, at 1.79 lakh millionaires.

“Yuri Miller Fundamental Physics Award’ For Theoretical  Indian Scientist Ashok sen
9 physicists worldwide were given the Fundamental Physics Prize. Ashok sen is one in the Nine physicians.This Fundamental Physics prize has been established by Russian Business man Yuri Miller and the most money spinning academic prize in the world. Ashok sen, who is working as the scienctist in ‘ Harichandra Research Centre’ at Allahabad. He has been recognised for his “String Theory”. The winners will receive 3 million dollar as the prize amount it is more then the Noble cash prize. Noble’s cash prize  is at present 1.2 million dollars. fundamnetal physics prize which is  three times more than Noble prize.

Monday, 6 August 2012

Pakistan and US sign MoU for transporting supplies to Afghan- "31/07/2012"


NASA’s Newest Mars Rover Faces a Tricky Landing
The US space agency’s most ambitious and expensive Mars mission yet, and it begins with the red planet arrival on 29 July 2012 of the smartest interplanetary rover ever built. NASA designed for the Curiosity rover is so risky it’s been described as”seven minutes of terror” — the time it takes to go from 13,000 mph (20,920 kph) to a complete stop.The future direction of Mars exploration is hanging on the outcome of this USD 2.5 billion science project to determine whether the environment was once suitable for microbes to live. Previous missions have found ice and signs that water once flowed. Curiosity will drill into rocks and soil in search of carbon and other elements.

The landing, a major victory for a U.S. space agency beleaguered by budget cuts and the recent loss of its space shuttle program, was greeted with raucous applause and tears of joy by jubilant engineers and scientists at mission control.(Reuters)


Pak,US sign MoU over supplies to Afghan
Pak,US sign MoU over supplies to Afghan

Pakistan and US sign MoU for transporting supplies to Afghan
Pakistan and the US on 31 July 2012  signed a Memorandum of Understanding (MoU) on transporting supplies for NATO forces in Afghanistan through Pakistani territory after weeks of intense negotiations. The MoU states arms and ammunition for foreign troops in Afghanistan cannot be transported through Pakistan and that all cargo will be scanned in the port city of Karachi and at the border crossing points of Chaman and Torkham. The MOU will replace existing arrangements for transporting NATO supplies through Pakistani territory, which were reportedly based on a “verbal understanding”.

Changes in Union Cabinet
Congress on 31 July 2012  saw as natural the changes in the Union Cabinet that has witnessed P Chidambaram moving to Finance and Sushilkumar Shinde to Home.This is Prime Minister’s prerogative after Pranab Mukherjee’s election as President. Naturally there was a vacancy in the Finance Ministry. Chidambaram was today made the Finance Minister as Prime Minister Manmohan Singh effected a minor reshuffle in portfolios in the Union Cabinet, Power Minister Sushilkumar Shinde is the new Home Minister in place of Chidambaram, Corporate Affairs Minister M Veerappa Moily was given the additional charge of Power Ministry

Friday, 13 July 2012

June 2012 International Current Affairs

International
India Joins 41 Nations In Condemning Syria Killings   
India on 1 June joined 41 other countries at united nations human rights council (UNHRC) in Geneva to vote for a resolution “strongly condemning” the recent El-houleh incident, which resulted in the death over a hundred civilians including women and children.

Egypy’s Ex-President Hosni Mubarak Sentenced  To Life In Prison   
Hosni Mubarak was sentenced to life in prison on 2nd June for failing to stop the killing of protesters during the uprising that forced him from power last year .And also given life term for the killings was Mubarak’s former Interior Minister Habibal-Adly, while six former police commanders were acquitted.

Malik Suspende From Senate Over Dual Nationality                             
The supreme court on 4 June suspended interior minister Rehman Malik fron the senate (the upper house of parliament) for failing to produce the necessary documents to establish  that he had given up his British nationality.

Google’ Buying ‘Meebo’ To Help Social Networking Push
Google is buying silicon valley start-up Meebo to help expand its social networking service.The acquisition announced on 4 June will bring more tools to google plus,an alternative to facebook.Google has spent more than $16billion buying 140 companies since the end of 2009.The biggest deal in Google’s history of 14 years is buying $12.5 billion cellphone maker motorola.

1st Intercontinental Solar Flight Takes Off  
A Swiss adventure soared above sun -splashed spanish valleys toward Maorocco on 5 June 2012 on the world’s first Intercontinental flight in a solar powered plane .This aircraft has 12,000 solar cells in the wings turning four electrical motors. piccard gradually piloted the place to an altitude of about 3,800 metres as he headed toward spains southern coast some 50 kilometres per hour.

Nobel Slashes Cash Prize
The prize money given to Nobel laureates is to be cut by a fifth, the foundation behind the prestigious awards said on 11 June.currently prize money is 10 million crowns and it would fall to 8 million Swedish crowns ($1.12 million). The Nobel Foundation said the money for the awards, given for excellence in the fields of science, literature and peace. The capital that forms the base for the awards was donated in the will of dynamite inventor Alfred Nobel and is managed by the foundation, which was set up in 1900.

Gandhi Kallenbach Letters Go Under Sothe by Hammer
In one of the most significant auctions of Gandhi memorabilia,sotheby’s London in going to put honourable of letters,papers,and photograph which shed light on the life of mahatma, under the hammer on July 10.The archieve comprises five decades of correspondence.much of it previously unpublished,between gandhiand hermon kallenbach, a german-Jewish body builder and architect who became Gandhi’s closest friend after they met in Johomnesburg in 1904.one batch of letters between Gandhi and kallenbach had come up for sale in 1986 and the Indian government paid $140,000(rs.1.2 crore) for it.The papers are now with the national Archieves, and were published in Gandhi’s collected works in 1994.

Pak Taliban Not To Allow Anti-Polio Campaign In N. Waziristan
Over 16,000 children below the age of five will miss their polio vaccines in North Waziristan tribal region of Pakistan due to a ban on vaccination campaigns by a powerful Taliban commander.Hafiz Gul Bahadur, the alleged host of the Haqqani network in North Waziristan Agency,militants had decided to ban the vaccination drive as long as US drone strikes continued in the region. This ban is beacause the vaccination campaign was a cover for American spies. The ban will seriously impact polio eradication efforts in Pakistan, which is among three countries where polio is still prevalent.

Suu Kyi Accepts Nobel Peace Prize 21 years late
Myanmar opposition leader Aung San Suu Kyi finally accepted her 1991 Nobel Peace Prize in Oslo on 16 June after spending a total of 15 years under house arrest and said full political freedom in her country was still a long way off.

Prince Salman In The Saudi Arabian Prince
Saudi Arabian ruling family named defense minister prince Salman bin abdul Aziz in the new crown prince on 18 june 2012 .Prince Nayef who died lsat week in Geneva and was the crown prince only since November.The death of prince Nyef lead to appointment of new prince salman as the new saudi Arabian prince.

Supreme Court Of Pakistan Debarred Pakistan Prime Minister Yusuf Raja Gilani From Office
The Supreme Court of Pakistan on 19 June 2012, debarred Pakistan Prime Minister Yusuf Raja Gilani from his office. The court’s ruling also disqualified Gilani as the member of the National Assembly, the lower house of the Majlis-e-Shoora (Parliament). Gilani was convicted for violating the article 63(1) of the constitution of Pakistan on 26 April 2012 by the Supreme Court. The court’s verdict came following Gilani’s refusal to probe cases of corruption against Pakistan President Asif Ali Zardari.

Pak Ranks 13th In Failed States Index
Pakistan, a country which is run by military obsessed with Indian and by a civilian elite that steals all it can and pay almost no taxes.  so it has been  raked 13th in the latest ranking of failed states.The unique ranking compiled by the prestigious foreign policy magazine is topped by Africa countries Somalia(114.9points) ,Congo(111.2), Sudan(109.4),chad(107.6), Zimbabwe(106.3) .

Antonis Samara Sworn In As The Prime Minister Of Greece
The New Democracy Party leader Antonis Samara sworn in as the Prime Minister of Greece on 20 June 2012. Samaras’s centre-right New Democracy party bagged 129 seats of 300 in the parliamentary elections held on 17 June 2012.

Oxford Honours Suu Kyi By Presenting Honorary Doctorate To Her
Paying fulsome tributes, the University of Oxford on Wednesday honoured Myanmar’s democracy icon Aung San Suu Kyi by presenting her with an honorary doctorate in Civil Law in a traditional ceremony telecast live.

Oracle CEO Buys Hawaii’s Sixth Largest Island
Billionaire Oracle CEO Larry Ellison bought 98 percent of Hawaii’s sixth-largest island, Lanai, the state’s governor announced on 20 June. Ellison, ranked in 2012 as America’s third-richest man, is purchasing the property from fellow billionaire David Murdock.

PPP Loyalist Ashraf Elected Pakistan Prime Minister
Pakistan on 21June evening goy its new prime minister in pakistan peoples party(PPP) loyalist Raja Parez Ashraf,who enters he office with a corruption case, already in the supreme court,that earned him the nickname ‘Raja Rental’.

$163 Billion EU Growth Plan
The leaders of France, Germany, Italy & Spain agreed to push for a growth package worth up to $163 billion at a key EU summit next week aimed to kick starting the economy and safe guarding the currency bloc.

Islamist Morsi Wins Egyptian Presidency
Islamist Mohamed Morsi of the Muslim Brotherhood was elected president of Egypt with 51.7 percent of last weekend’s run-off vote, defeating former general Ahmed Shafik, the state election committee said on 24 June 2012.

UNEP Released Its Global Food  Security Report “Avoiding Future Faminer”
The United Nations Environment Program (UNEP) released its food security report “Avoiding future Faminer : strengthening the Ecological basis of food security through sustainable development in Riode Janeirio ,Brazil on 20 Juen2012.The report noted that food security must be at the top of the priority list of country’s policy if  the world has to provide food to its 7billion population.

Muse’s Survival In The London 2012 Olympics Song
The British rock trio Muse has the official osng for the 2012 London games.The song,”survival”is a Humdering rock anthem that was broad casted for the first time on 28 June 2012 on BBC radio.The song will be played during the July 27- August 12 games as athletes enter the venue and before medal ceremonies.

Afghanistan And Norway Finalized The Draft Of The Strategic Partnership Agreement
Afghanistan and Norway on 27 June 2012 finalized the draft of the strategic partnership agreement between the two countries.The two countries will the draft in September 2012. Norwegian Afghanistan.The strategic partnership agreement provides the long term framework after the with drawl of forces .Afghanistan and Norway after the withdrawal of forces.Afghanistan has already signed strategic partnership agreement with the US,Britain,India Germany,France and Italy.

Russia, France To Jointly Build Armoured Vehicle
Russia and France will jointly build a new armoured infantry vehicle, Russian arms export monopoly Rosoboronexport said. The vehicle should appear in the near future, around 18 months. We have a draft design and a model has been made,” he said.  France was also interested in co-production with Russia of an armoured personnel carrier to be sold to third countries.

India-South Korea For Second Foreign policy And Security Dialogue In New Delhi
India and south korea decided t cooperate in the areas of civil nuclear energy and space, including the lauch of Korean satellites by India.Both of them met in New delhi on 28 June 2012 during their second foreign policy and security dialogue. The Indian delegation was led by sanjay singh,secretory(east)external affairs ministry, while the korean side was led by hu Ho-Young, first vice minister of foreign affairs a trade.

US Supreme Court Held US Health Care Law Constitutional
The US supreme court on 28 June 2012 , upheld the US president BARACK obama’s most ambitious social legislations the Health care Law(The patient protection and Affordable care act). The Court verdict came in the favor of legislation,made it mandatory for all American citizen to have health insurance or pay a penalty. The health care legislation mainly aims at covering more than 30 millions who have not been insured. The 9-judge US Apex court headed by chief justice John Robert held the ruling as constitutional in 5-4 ruling.

White House Encouraged By Eurozone Summit
The White House on 30 June 2012 welcomed the decisions taken by European leaders to boost flagging economies,saying these are encouraging signs, even as it acknowledged that the challenges will not be resolved overnight.

May 2012 International Current Affairs

International
Aung San Suu Kyi Take Oath As Opposition Leader 
Aung San SuuKyi took oath of office to become an official member of Myanmar’s parliament on 2 May 2012. Suu Kyi, a Nobel Laureate, pro democracy leader of Myanmar for the first time held public office since launching her struggle against autherisation rule nearly a quarter century ago.

Poll Panels Of SAARC Countries Established Forum  
SAARC Countries on 4 May 2012 adopted a charter for mutual cooperation and set up a forum that will enhance capabilities to conduct free and fair elections . In its charter the chief election commissioners of Afghanistan , Bangladesh, Bhutan, Maldives Nepal Pakistan, Sri Lanka and India confirmed their abiding faith in the objectives and principles of SAARC contained in the SAARC charter.

French Socialist Party’s Francois Hollande As First Socialist President  
Francois Hollande was elected France’s first socialist president nearly after two decades with 53.3% votes on 6 May 2012, While defeating Nicolas Sarkozy.The result will have major implications for Europe as it  struggle to emerge from a financial crisis and for France the Eurozone second largest economy and a nuclear armed permanent member of the UN Security Council.

All Nuclear Power Plants Stopped In Japan  
All Nuclear Power Plants  were Stopped In Japan on 6 May 2012 . Tomari was the last shutdown , which leaves Japan without nuclear power. Thousands of Japanese marched to celebrate the switching off the last of their nations 50 nuclear reactor. Japan was without eclectricity from nuclear power for the first time in four decades.

Vladimir Putin Sworn In As The President Of Russia
Vladimir Putin the former Russian Prime Minister and the president of the United Russia Party took the oath as the President of Russia on 7 May 2012. Putin had won  the Russian Presidential elections with 63.6% of the vote on 4 March.

Top 10 Female CEO’s & Influential Business Women of American Companies 
There are roughly 22 female presidents and prime ministers in the world and about a dozen womens executivesat the helm of Fortune 500 companies. Especially for these top 10 women CEO’s.

CEO of the world’s second largest food company Karft Foods ,Irene Rosenfeld in first place      
The CEO of TJX, Carol.M.Meyrowitz in second.  Chairman & CEO of Pepsico Indra Nooyi in third . Chairman& CEO of  EI du Pont de Nemoursand company, Ellen Kullman in fourth. Chairman, President & CEO of Well point, Angela Braly in fifth. Chairman & CEO of  Xerox ,Ursula M.Borns in sixth.Chairman, president & CEO of Sunoco,Lynn L.Elsenhans in seventh . CEO of Archer Daniels Midland, Patrica Woertz in eigth. President and CEO of BJ’s Wholesale club , Laura J.sen in ninth and Chairman & CEO of  Key corp, Beth E.Mooney in tenth place.

 Forbes Mother’s  Top 20 List
The list released by Forbes ahead of World Mother’s Day on 13 May 2012 the world’s 20 most powerful moms list which ranked most efficient persons list According to the magazine ” power moms must develop unique strategic to succeed in both boardrooms and playrooms. Fobes women analysed the annual list of the world’s 100 most powerful women’s based on money controlled, decision making power and multiple measures of influence and teased out the moms who are at the top of their game are
No-1_ Hillary Clinton, US Secretary of states
No-2 _ Dilma Rousseff, Brazilian President
No-3_ Indra Nooyi, PepsiCo Chairman
No-4 _Sheryl Sandberg, Chief Operating Officer Of Face book
No-5_ Melinda Gates, Co- founder, Bill and Melindan Gates Foundation
No-6_ Sonia Gandhi, UPA Chairperson
No-7_ Michelle Obama, First lady U.S
No-8 – Christine Lagarde, Managing Director IMF
No-9_ Irene Rosenfeld, CEO Karft foods
No-10_ Jill Abramson, Executive Editor New York Times
No-11_ Kathleen Sebelius, Secretary of Health& Human services U.S
In the last 20th place is the General secretary of NLD Myanmar leader Aung San Suu Kyi

Philippines President Names Two ‘Special Envoys’ to China 
Philippines President Benigno Aquino named two special envoys to China on 16 May 2012, amid a tence territorial dispute between the two countries over a shoal in the South China sea. During their six month assignment both were also tasked to actively persuade greater number of Chinese tourists to make the Philippines their main destination for leisure and relaxation trips.

China counters Japan’s Claims over Okinotoris Status  
China and Japan have exchanged a fresh round of claims and counter claims over a tiny but crucial out cropping in the Pacific Ocean, with Tokyo assuring that a UN Commission had endorsed its stand on the atoll being an Island while Beijing rejected it as baseless. The two countries, that have their own set of disputes in the South China sea, have also been sparring over the status of Okinotoris Atollion.

Tomislav Nikolic Won Serbia’s Presidential Election 
The Serbian Progresive party leader Tomislav Nikolic Won Serbia’s Presidential Election on 20 May 2012. Nikolic beat his centrist, the incumbent Boris Tadic in closely contested election. Nikolic accounted for 50.21% of the total vote, against 46.77% for Tadic, with 40% of votes counted. Nikolic during his previous stints in power worked as a deputy prime minister under the former president Slobodon Miloscric.

China Developing Internet For Offensive Operations
China is improving its capacity for operations in cyberspace and developing capabilities to use internet for offensive operations. The Pentagon has said China is investing in not only capabilities to better defend their networks but also they are looking at ways to use cyber for offensive operations, China is engaging in  cyber activity focused on computer network exploitation.

IAEA Chief Meets Top Iran Nuclear Officials      
IAEA Chief  Yukiya Amano Met Top Iran’s  Nuclear chief and top negotiator on 21 May 2012 in a visit to Tehran closely watched for signs as to how wider talks between Iran and World power might unfurl. Iran’s national security supremo tasked with negotiating  nuclear issues and atomic energy head Abbasi Davani in an effort to press for greater co-operations between Iran and the UN Nuclear surveillance agency.

Bangladesh Announces Discovery Of Petroleum  
Energy starned Bangladesh has struck oil reserves in the country’s Northeastern region with an extractable reserve of at least 55 million barrels worth USD 5.5 million. Petrobangla is announcing with pleasure that Bangladesh had entered a new era through the discovery of a profitable oil reserves in Haripur and Kailashtila, state run Petrobangla’s chairman Hossain Monsur said.

China  is World’s Biggest Magnesium Producer 
China  has remained the World’s  Biggest  Producer of Magnesium since 1999,with last year’s out put accounting for over 85% of the world’s total.The country produced 660,000 tones of magnesium last year.The agencyreported on 26 May. It is estimated that the yearly magnesium output will reach 1.5million tonnes during the 2011-2015 period odf which 700,000 tones will be exported annually.

Liberia’s Taylor Gets 50 years in Jail for War Crimes
A U.N Backed war crimes court sentensed the former president of liberia ,charles Taylor ,to 50 years  in jail on 30 May 2012 for arming rebels in sierra leone in return for “Blood Diamonds”.

April 2012 International Current Affairs

International
Victory for Suu Kyi
The opposition leader of National League for Democracy (NLD) Aung San Suu Kyi had won the election held in Myanmar on 1 April 2012 for 45 parliament seats and NLD won 43 seats.

US Grants $ 12 million Aid to Syria
The US Government announced an additional $12 .2million humanitarian aid for Syria as the second meeting of ‘ Friends of Syria’ held in Turkey’s largest city Istanbul. The US State department said that the new aid, consisting of medical supplies and other humanitarian relief for displaced and vulnerable Syrian communities. The US aid will be used to support the work of international organization, including World Food Programme.

Mali Tuareg Rebels Declared Independence In Azawad
The Northern part of Mali was captured by a mix of separatist Tuareg rebels and Islamist fighters recently on 6 April 2012 and security of the nation was in danger, The insurgent group is called National Movement for Liberation of Azawad and they declared an independence state of Azawad.

USA & Afghanistan Signed MoU On Night Raids
United States of America & Afghanistan on 8 April 2012 signed (MoU) Memorandum of Understanding on the controversial issue of conduct of night raids on Afghan homes. It empowered the Afghan security forces oversight over the raids led by the US troops. The agreement leads its a more comprehensive long term strategic partnership agreement between the two nations after the departure of all foreign troops from Afghanistan in 2014. The issue of night raids was a big hurdle in the way of the strategic partnership agreement

 Mitt Romney Won Republic Party Crown
Mitt Romney on April 2012 effectively won the Republican Party crown to challenge President Barack Obama in November elections as the  chief rival Rick  Santorum dropped from the election.

Qatar is Obesity Capital Of The World
The world’s wealthiest country ranked by Forbes with highest per capita in the world Qatar is the obesity capital of the world. Over half of its population are overweight according to a report an unhealthy combination of low levels of exercise and growing population of fast food outlets has led to this problem. It was very serious problem facing by Qatar.

US-Afghanistan Signed Strategic Pact
US and Afghanistan signed a long awaited strategic pact on 22 April 2012. The pact aims at setting forth guidelines for US  involvement in Afghanistan as forces are withdrawn from the trouble torn nation. The pact provides a strong foundation for the security of Afghanistan, the region and the world. Both the countries took almost one year to reach on the mutual agreements.

EU Suspended its Sanctions Against Myanmar
The European Union suspended its sanctions against Myanmar on 23 April 2012 for a year .The EU move came in the back drop of a string of political reforms in the South Eastern Asian Nations. The group however maintained that it will hold on to restrictions on arms.

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.