16th August 2018 Current Affairs

Contents

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.

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 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. 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.

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.