16th August 2018 Current Affairs


China challenges U.S Tariffs at WTO

  • China hit at U.S Tariffs on solar panel imports, filing a complaint at the World Trade Organization (WTO).
  • This is because of Donal Trump approved steep tariffs on solar panel imports in January to protect U.S Producers.
  • This led to impose trade barriers against China, and South Korea.

IIM and IIT Indore’s i5 Summit to be held on 18th – 19th August 2018

  • The i5 Summit is an entrepreneurship summit that is organized by IIT and IIM Indore. The Summit will be held at IIM Indore from 18th to 19th August 2018.
  • With over 5000 attendees and 30 Investors, startups participating in the event’s “Get Funded” Program have already raised over 140 Million.
  • This year’s speakers includes Shop Clues and Droom Founder Sandeep Aggarwal among others.

Mario Abdo Benitez sworn in as New President of Paraguay

  • Mario Abdio Benitez has been sworn in as the New President after defeating his liberal rival in April Elections.
  • Abdio Benitez is the son of a close aide to ex-military dictator Alfredo Stroessner, and has faced criticism for defending the former leader’s record. He replaced Horadio Cartes.
  • The 46-year old Mario says he will take a law and order stance and implement business-friendly policies.
  • The City has enjoyed strong economic growths in the past few years.

Former Prime Minister and Bharat Ratna Award Winner Atal Bihari Vajpayee passed away on 16th August 2018

  • Former Prime Minister and Bharat Ratna Award Winner Atal Bihari Vajpayee passed away on 16th August 2018. He was 93 years old.
  • He was the 10th Prime Minister of India and served India for three years (13 days in 1996, 11 Months during 1998-99, and Full Term during 1999-2004.

Australia recommences its adoption programme with India

  • The Government of Australia has decided to recommence the Adoption Programme with India, as per Hague Convention on Inter-Country Adoption.
  • The adoptions from India had earlier been put on hold by the Government of Australia eight years ago.
  • The regulation of Inter-country adoptions have been made strict by the Government of India with the enactment of Juvenile Justice Act, 2015 and notification of Adoption Regulations, 2017.
  • The Ministry of Women & Child Development along with Central Adoption Resource Authority (CARA)have been constantly engaging with Australian Government for recommencement of the Adoption Programme.
  • The recommencement of the adoption programmes will now enable large number of prospective adoptive parents including those of Indian origin settled in Australia in fulfilling their desire of adopting a child from India.

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Upasana Pradhan

Hello, my name is Upasana Pradhan, I’m currently working as a Content Writer. I have done my Masters in Electronics and Communication from Delhi Technological University, Delhi. I always had a passion for writing. Apart from that, I love listening music, hanging out with friends, Cooking and Shopping.

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