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9 PM Current Affairs Brief – April 26th, 2020

Good Evening Friends! We are posting Todays 9pm Current Affair Brief

About 9 PM Brief- With the 9 PM Current affairs brief we intend to provide our readers daily free digest of articles and editorials from multiple sources which are usually left out by aspirants. This will provide you with analysis, broad coverage and factual information in all in one pill for your IAS and IFS preparation. Take this pill daily to learn more.

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Trade and Development Report

News:The United Nations Conference on Trade and Development(UNCTAD) has released its updated Trade and Development Report.

Facts:

  • The Trade and Development Report (TDR) is issued every year since 1981.
  • Aim: To analyse current economic trends and major policy issues of international concern and make suggestions for addressing these issues at various levels.

Additional Facts:

UNCTAD:

  • It is a permanent intergovernmental body established by the United Nations General Assembly in 1964.
  • It is part of the UN Secretariat and also the United Nations Development Group(UNDP).
  • It reports to the UN General Assembly and the Economic and Social Council but has its own membership, leadership, and budget.
  • Headquarters:Geneva, Switzerland
  • Reports:
    • The Trade and Development Report
    • The World Investment Report
    • Technology and Innovation Report
    • Digital Economy Report

World Intellectual Property Day

News:World Intellectual Property Day 2020 is being celebrated on April 26, 2020.

Facts:

  • World Intellectual Property Day was established by the World Intellectual Property Organization (WIPO) in 2000.
  • Aim:To raise awareness of how patents, copyright, trademarks and designs impact on daily life.
  • Theme:Innovate for a Green future.

Additional Facts:

WIPO:

  • It is the global forum established in 1967 for intellectual property(IP) services, policy, information and cooperation.
  • It is a self-funding agency of the United Nations with 193 member states.
  • Headquarters: Geneva, Switzerland.
  • Parent organization:United Nations Economic and Social Council.

Bill of Lading

News:The government is fast tracking a plan to implement electronic Bill of Lading(eBL) to facilitate business continuity in the trade documentation process.

Facts:

  • A Bill of Lading is the key legal document in the global trade.
  • It is issued by a carrier to a shipper that details the type, quantity, and destination of the goods being carried.

Additional Facts:

Port Community System(PCS1x):

  • It has been launched by Indian Ports Association(IPA) under the guidance of the Ministry of Shipping.
  • It is a cloud based platform which integrates stakeholders from the maritime trade on a single platform by offering services such as notification engine, workflow, mobile application, track and trace among others.

Routes of Transmission from Covid-19 Patients

News:World Health Organization(WHO) recognises three stages of COVID-19 transmission — symptomatic, presymptomatic and asymptomatic.

Facts:

  • Symptomatic transmission: It refers to transmission from a person while they are experiencing symptoms.
  • Presymptomatic transmission: It happens when a person spreads the disease before symptoms appear and eventually develops symptoms themselves.
  • Asymptomatic transmission: Itrefers to transmission of the virus from a person who does not develop any symptoms.

Commodity Markets Outlook Report

News:World Bank has released its Commodity Markets Outlook report.

Facts:

  • The report is published every year in the month of April and October.
  • Aim: To provide market analysis for major commodity groups such as energy, metals, agriculture, precious metals, oil, fertilizers among others.

Additional Facts:

World Bank:

  • It is an International financial Institution that was created at the 1944 Bretton Woods Conference along with the International Monetary Fund (IMF).
  • Headquarters: Washington D.C, USA
  • Reports:
    • Ease of Doing Business
    • World Development Report
    • Global Economic Prospects(GEP) report.
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