INTERNATIONAL:
Ø US to overtake Russia as top oil
producer
Ø According to International
Energy Agency, U.S. will overtake Russia as the world’s biggest oil producer by
2019 at the latest. U.S. crude oil output rose above 10 million barrels per day
late last year for the first time since 1970s, overtaking top oil exporter
Saudi Arabia. US oil is also increasingly being exported, including to the
world’s biggest and fastest growing markets in Asia.
Ø Saudi Arabia allows women to enlist in
Military
Ø The Kingdom of Saudi Arabia
has for the first-ever time opened applications for women to enlist in the
military. Women have been given time till March 1, 2018 to apply for positions
with the rank of soldier in the provinces of Riyadh, Mecca, al-Qassim and
Medina. The move is a continuation of the Kingdom’s effort to enact reforms
that grant females more access to a wide range of previously forbidden careers.
Ø Russia vetoes UN draft resolution
pressuring Iran over Yemen
Ø Two resolutions were
presented in the UNSC over the issue of Yemen. First resolution was presented
by the UK and the other one by Russia. However, UK and the USA backed
resolution was vetoed by Russia. Russia has vetoed a UN Security Council
resolution that would have put pressure on Iran for failing to prevent its
missiles from being used in the Yemeni conflict. The Security Council
subsequently voted unanimously in favor of a resolution drafted by Russia,
which omitted Iran and the findings of UN report that said Iranian made missiles
had been found in Yemen.
Ø Michael McCormack named Australia’s new
Deputy Prime Minister
Ø Michael McCormack has been
elected new Deputy Prime Minister of Australia. He has replaced former Deputy
Prime Minister Barnaby Joyce. The leader of the National Party automatically
becomes deputy prime minister under the terms of the coalition agreement with
Prime Minister Malcolm Turnbull’s Liberal party.
Ø China elected as Vice President of
Financial Action Task Force
Ø China was elected as the
Vice President of Financial Action Task Force (FATF), a global body mandated to
combat terror financing and money laundering. China’s election came after the
FATF plenary meeting in Paris. China’s election to the FATF assumes
significance as Pakistan is set to be put in the FATF ‘grey list’ in June 2018.
The grey lists puts countries under the scanner for not implementing the
objectives of the task force. FATF was created in 1997 during G7 summit to
counter the increasing problem of money laundering.
Ø Maldives announces Presidential
elections in September this year
Ø Despite facing these worse
situations, Maldives started doing preparations for the upcoming Presidential
elections to be held this year. The first round of the elections is to be held
in early September. It is mentioned that the authorities welcome the election
body to start the preparations for the elections. The Government took note of
its announcement to hold the first round of Presidential elections during early
September and encouraged all relevant stakeholders to offer the Commission
their full, unreserved support for the conduct of their work.
Ø Trump pushes for ban on gun ‘bump
stocks’
Ø US President Trump has
signed an order to ban bump-stock devices, which were used by a gunman who
killed 58 Las Vegas concert-goers last year. Such devices enable a rifle to
shoot hundreds of rounds a minute. The gun control debate took on a new urgency
after 17 people were killed at a school in Florida last week. He also said
arming teachers could ‘solve the problem’ of school shootings.
Ø Cobra Gold Military Exercise held in
Thailand
Ø US Marines in Thailand for
the Cobra Gold training exercise took part in one of the wildest parts of the
drills – drinking cobra blood. This was the 37th edition of the exercise. Cobra
Gold is an annual military exercise for Marines and one of the largest in the
Indo-Pacific region. This year, seven countries are participating in Cobra Gold
– the US, Thailand, Indonesia, Japan, Malaysia, South Korea, and Singapore.
Part of the drill involves jungle survival. Marines learn which plants and
animals are safe to eat if they’re ever stranded.
Ø Singapore to Impose Carbon Tax From
2019
Ø Singapore will impose a
‘carbon tax’ from 2019 to cut its greenhouse gas emissions and make companies
more competitive as global agreements on climate change take effect. Finance
minister Heng Swee Keat stated that the tax would be levied on all facilities
producing 25,000 tonnes or more of greenhouse gas emissions a year. The tax, to
be applied to all sectors, will be Sg$5.0 ($3.8) per tonne of greenhouse gas
emissions from 2019 to 2023.
Ø Saudi Arabia allows women to open
business without male consent
Ø The Kingdom of Saudi Arabia
announced a major policy change by allowing women to open their own business
without the need of showing consent from a husband or male relative. The
announcement was made by the country’s Ministry of Commerce and investment,
which stated on it website that women can now launch their own business and
benefit form governmental e-services without having to prove consent from a
guardian.
Ø Ethiopia declares national state of
emergency
Ø A state of emergency has
been declared in Ethiopia after the resignation of Prime Minister Desalegn.
Emergency has been declared as protests have caused massive displacement of citizens,
destruction of properties & threats against constitutional order of the
country. In August 2017, Ethiopia lifted a 10-month state of emergency imposed
after hundreds of people were killed in anti-govt protests.
Ø Pakistan to deploy troops in Saudi Arabia
Ø Pakistan Army has announced
to deploy troops in its close ally Saudi Arabia under existing bilateral
security cooperation agreement. The decision comes after meeting between
Pakistan Army Chief General Qamar Javed Bajwa and Saudi ambassador to Pakistan
Nawaf. Saeed Al-Maliki at the army headquarters in Rawalpindi.
Ø
WADA
suspends Romanian laboratory
Ø The World Anti-Doping
Agency (WADA) has suspended Romania’s drug-testing laboratory for six months.
WADA has imposed the sanction on the lab in Bucharest due to a number of
non-conformities with regulations. The lab is now forbidden from testing any
samples and must transfer any in its possession to another laboratory.
Ø Brazil to declare ‘social emergency’ on
Venezuela border
Ø The objective is to tackle
the influx of people fleeing the crisis hit country Venezuela. The declaration
will free the authorities to allocate infrastructure funds and other
humanitarian measures on the Venezuela border. Besides, the number of soldiers
will be raised to 200 on the border. Due economic crisis in Venezuela, some
40,000 people have fled to Boa Vista, the capital of Brazil’s border state of
Roraima.
Ø Cyril Ramaphosa sworn in as New
President of South Africa
Ø Cyril Ramaphosa, head of
the ruling African National Congress (ANC) has been sworn in as South Africa’s
new President. He was elected as the new president of South Africa by the
ruling party politicians after the resignation of Jacob Zuma. The country’s
400-member parliament, dominated by the ruling African National Congress Party
(ANC), elected Ramaphosa to finish his predecessor’s term, which ends with
elections in 2019. The ANC has finished first in every national vote since the
end of white-minority rule in 1994.
Ø Venezuela, Libya lose UNGA Vote for
third time in 3 Years
Ø Venezuela and Libya were
suspended from voting in United Nations General Assembly (UNGA) in 2018-19
session for not paying dues to 193-member world body. It was for third time in
three years these countries have been suspended from voting for unpaid dues. Overall,
14 countries including Venezuela and Libya were in arrears for paying to global
organization. Venezuela was suspended for not paying minimum of $25,200,296 and
Libya must pay at least $6,594,842 to restore its voting rights. Venezuela is
engulfed in economic and political crisis and Libya has two rival governments,
each backed by an array of militias.
Ø
Ø
KP
Sharma Oli becomes Nepal’s new prime minister
Ø After Nepal’s Prime
Minister Sher Bahadur Deuba resigned from his post, Communist Party of Nepal (UML)
Chairman KP Sharma Oli has become new Prime Minister of Nepal for the second
time.
Ø
Ø South Africa declares drought a
‘national disaster’
Ø South Africa, declared a
“national disaster” over a drought that has ravaged parts of the country and
threatened to leave the city of Cape Town without domestic tap water. The
department of cooperative governance said it had elevated the drought to a
“national disaster” after reassessing its “magnitude and severity”. Cape Town
is in the grip of a catastrophic three-year-long drought as sparse winter rains
have failed to bring relief, and dam levels have dropped to dangerously low
levels. South Africa’s second city is now facing the prospect of having to turn
its taps off under a socalled “Day Zero” scenario to conserve the city’s
remaining water supplies.
Ø Pakistan to get first woman Hindu MP
Ø The Pakistan Peoples
Party’s Krishna Kumari is poised to become the country’s first woman Hindu
lawmaker next month, after the party nominated her for the upcoming Senate
elections. Ms. Kumari said she faced a “slave-like situation” during her
childhood in the remote village of Nagarparkar in Sindh Province. She worked on
the farm of a feudal landlord who was abusive to his workers.
Ø Tanzania withdraws from UN refugee
programme
Ø Tanzania has announced its
withdrawal of United Nation’s “Comprehensive Refugee Response Framework” citing
security reasons and lack of funds. Tanzania has long been considered as safe
haven for refugees, particularly from conflict hit Democratic Republic of Congo
(DRC) and Burundi.
Ø Abdul Hamid re-elected as president of
Bangladesh
Ø Bangladesh President Abdul
Hamid has been re-elected for a second term. Earlier, the ruling Awami League
(AL) nominated Abdul Hamid for his re-election as the country’s president.
Ø Former Bangladesh PM sentenced for 5
years
Ø Bangladesh Nationalist
Party leader and former Prime Minister Khaleda Zia was jailed for five years.
She was found guilty in a corruption case by a Special Judge’s Court in Dhaka.
She was charged with misappropriating Tk 21 million in foreign donations
received by the ‘Zia Orphanage Trust’.
Ø
Ø US lists three militants as global
terrorists
Ø The US Department of
Treasury has designated three individuals allegedly linked to Pakistan-based
terror networks including Lashkar-e-Taiba (LeT) and Taliban as Specially
Designated Global Terrorists. The move is intended to disrupt the South Asian
terrorist support networks. The three include Rahman Zeb Faqir Muhammad, Hizb
Ullah Astam Khan and Dilawar Khan Nadir Khan.
Ø Bermuda becomes first country in world
to abolish same-sex marriage
Ø Bermuda becomes the first
country to legalize and then repeal same-sex marriage. Bermuda’s governor John
Rankin approved a bill reversing the right of gay couples to marry, despite a
supreme court ruling last year authorizing same-sex marriage.
Ø Maldives Crisis- Government declares
state of emergency
Ø The Maldives president,
Abdulla Yameen, has declared a state of emergency in the country as heavily
armed troops stormed the country’s top court and a former president Chief
Justice Abdulla Saeed was arrested in a deepening political crisis. Exiled
former Maldivian president Mohamed Nasheed urged India to “act swiftly” to help
in resolving the ongoing political crisis in the island nation.
Ø Cyprus President Nicos Anastasiades
wins re-election for second term
Ø Cyprus President Nicos
Anastasiades has won re-election for a second term. The official final result
after a second round run-off put the conservative incumbent on 55.99 per cent
of the vote, ahead of Communist-backed Stavros Malas on 44 per cent.
Anastasiades has taken credit for steering the economy of Cyprus to recovery
after it was plunged into crisis in 2013 by its exposure to debt-wracked Greece
and fiscal slippage under a former left-wing administration.
Ø Sri Lanka celebrates Independence Day
Ø Sri Lanka on 4 February
celebrated the 70th Independence Day in a grand ceremony at the Galle Face
Green in Colombo. It was on this day in 1948 that country achieved freedom from
British rule. Representing Britain’s Queen, Prince Edward, Earl of Wessex, and
the Countess of Wessex participated in the celebrations as Chief Guests. The
theme of this year’s ceremony was “One Nation”.
Ø Rwanda becomes 1st poor country to
provide Eye Care for all
Rwanda
has become the first low-income country to provide universal eye care for its
12 million population. The government has partnered with the organisation
Vision for a Nation (VFAN) to train more than 3,000 eye care nurses based in
502 local health centres, prescribing glasses and referring those with serious
eye problems to national clinics
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