International Current Affairs
International Current Affairs November 3rd Week 2017
Category : International Current Affairs
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 1.UNESCO Confirms France`s Audrey Azoulay as New Head.

UNESCO’s member States have voted to confirm the nomination of former French Culture Minister Audrey Azoulay as the body’s new leader.

Ms. Azoulay, 45, was nominated last month by the U.N. cultural agency’s executive board in a highly politicized race overshadowed by Middle East tensions.

The agency’s general conference, which includes all 195 members, on Friday formally approved Ms. Azoulay’s four-year term.

Ms. Azoulay hopes to restore the international standing of the Paris-based organization that has been mired in financial woes since the United States withdrew its sizeable funding in 2011. It’s also reeling from last month’s decision by the Trump administration to pull out of UNESCO because of its alleged anti-Israel bias.

The new Director will set priorities for the organization’s World Heritage program that protects cultural sites and traditions.

2. World Diabetes Day is observed on November 14th across the world.

World Diabetes Day was first introduced in 1991, and founded by both the International Diabetes Federation and the World Health Organization. In reaction to the rise in cases of Diabetes worldwide, it was decided to choose a day of the year to raise awareness of Diabetes and related causes. The day chosen was the birthday of Sir Frederick Banting, a medical scientist who co-discovered Insulin and was the first person to use it on humans.

The theme of World Diabetes Day regularly changes. For example, the theme for the day between 2009 and 2013 was education and prevention, and in the past such themes have been used such as human rights, lifestyle, obesity, the disadvantaged and vulnerable, and children/teenagers. Various events around the world mark the day including raising awareness in the media, lectures and conferences, sporting events, and leaflet/poster campaigning. “Going blue” is another global event to mark the day, where people wear blue and landmark buildings and monuments around the world are lit up in blue, to help spread awareness of the day.

3.Thirty Seventh India International Trade Fair Begins in New Delhi.

President Ram Nath Kovind will inaugurate the 37th India International Trade Fair (IITF) on Tuesday at Pragati Maidan, marking the beginning of the 14-day event in the national capital.

After Digital India in 2016, this year the theme of the fair will celebrate another pet project of the Union government —“Startup India: Stand Up India”. Jharkhand and Vietnam will be the partner state and the country respectively.

However, people will have to get their tickets in advance either online or at Metro stations, as the number of visitors per day has been capped at 60,000. There will be no ticket sales at the gates of Pragati Maidan.

The IITF will be held from November 14 to 27 this year, with the first four days being reserved for business visitors. The fair will open for the general public on November 18, Saturday, between 9.30am and 7.30pm. While the general tickets will cost R60 and R40 for adults and children respectively on working days, ticket prices will increase to R120 and R60 on weekends.

“For the first time this year, there will be no tickets sold at the gates of Pragati Maidan,” said Sanjay Vashistha, the deputy manager (PR) at ITPO.

4. India will overtake Japan and Germany in nominal GDP by 2028 to emerge worlds third-largest economy.

India is likely to achieve strong growth over the next decade and will overtake Japan in nominal GDP by 2028, to emerge as the world’s third-largest economy, says a foreign brokerage report.

The country has already overtaken Brazil and Russia to emerge as the second-largest Brics economy after China and is well on track to cross France and Britain to emerge as the world’s fifth-largest economy after Germany by 2019.

“We see India crossing Germany and Japan in nominal GDP in dollar term by 2028. This assumes that the Indian economy grows at 10% (in nominal US GDP) in the next decade, well ahead of Japan’s 1.6%,” a Bank of America Merrill Lynch (BoAML) a report said on Monday. The American brokerage has conservatively projected the country’s real GDP growth at 7% potential. Last year, the economy closed at $2.26 trillion. But the report did not quantify the size of the economy by 2028 when it would be the third-largest after China and the US.

The report titled, “India 2028: The last BRICK in the Wall”, said falling dependency ratios, financial maturity and increasing incomes and affordability are the three key drivers for the country to stand among the large emerging economies. “First, falling dependency ratios should raise savings and investment rates. Second, financial maturity, due to financial liberalization and inclusion, should continue to lower lending rates structurally... Finally, increasing incomes and affordability will likely underpin the emergence of mass markets, supporting an expected 7% real GDP growth,” the report said.

5. Tenth South Asia Economic Summit Begins in Nepal.

Tenth South Asia Economic Summit Begins in Nepal.The summit is being organised by National Planning Commission and Ministry of Commerce of Nepal and South Asia Watch on Trade, Economics and Environment, Nepal.

Vice Chairman of National Planning Commission of Nepal Dr. Swarnim Wagle told media persons at Kathmandu this evening that thrust of the summit will be on development of South Asia.

He said that 200 participants including ministers, member of parliaments, former MPs, ambassadors, government officials,researchers, eminent experts and thinkers will attend the summit.

South Asia Economic Summit (SAES) was started in 2008. It is a regional platform for discussing and analyzing economic and development issues and challenges faced by South Asian countries and advancing the cause of regional integration and cooperation.

Envisaged as a Davos-like event in South Asia, the SAES brings together stakeholders from the government, private sector, research/academic community and civil society to generate innovative and actionable ideas for consideration by the region’s policymakers and the South Asian Association for Regional Cooperation (SAARC).

The whole process is led by a group of five eminent think tanks that take turns to organize the annual event in one of the SAARC countries.

The think tanks are Centre for Policy Dialogue (CPD), Bangladesh; Research and Information System for Developing Countries (RIS), India; South Asia Watch on Trade, Economics and Environment (SAWTEE), Nepal; Sustainable Development Policy Institute (SDPI), Pakistan and Institute of Policy Studies of Sri Lanka (IPS), Sri Lanka.

6. Fourth Global Conference on Sustained Eradication of Child Labour Held in Argentina.

 Since 1997, countries around the world have shared knowledge on policies and good practices, and have committed to eliminate child labour in a series of global conferences held in Oslo (1997), The Hague (2010) and Brasilia (2013). 

The IV Global Conference on the Sustained Eradication of Child Labour will be organized by the Government of Argentina and will be held in Buenos Aires on 14-16 November 2017.

While significant progress has been made globally in the fight against all forms of child labour between 2000 and 2012,1 with ILO constituents having increasingly adopted and implemented integrated strategies and coordinated policies to combat child labour the goal that was set to eliminate it in its worst forms by 2016 was not achieved.

Under the Sustainable Development Goals (SDG) of the 2030 Agenda, UN Member States, employers’ and workers’ organizations, as well as civil society organizations, are urged to eliminate child labour by 2025, and forced labour, modern slavery and human trafficking by 2030. In order to contribute to this goal, the ILO launched Alliance 8.7 , a global partnership designed to align the efforts of those working towards the achievement of SDG Target 8.7.

In this framework, it was agreed that the IV Global Conference should cover both the sustained eradication of child labour and the elimination of forced labour and, in this context, it will also address the issue of the quality of youth employment. 

7. First WHO Global Ministerial Conference on Ending TB held in Russia.

ty, academia and the corporate sector, will gather in Moscow on 16-17 November 2017 at the first WHO Global Ministerial Conference to end tuberculosis (TB).

Hosted by the Ministry of Health of the Russian Federation, the Ministerial Conference “Ending Tuberculosis in the Sustainable Development Era: A Multisectoral Response” aims to accelerate efforts of all WHO Member States in taking effective measures to end the global TB epidemic by 2030, through a multisectoral and interdisciplinary approach within the Sustainable Development agenda.

A Ministerial Declaration will be signed at the Conference, containing bold commitments by countries to accelerate action to end TB and meet the milestones towards the 2030 SDGs. This will inform the UN General Assembly High Level Meeting on TB in 2018.