EU plans €300 billion infrastructure fund to counter China’s BRI

What is the News? The European Commission has announced an international infrastructure plan called the “Global Gateway Plan”.  What is the Global Gateway Plan? The plan aims to invest €300 billion ($340 billion) globally in infrastructure, digital and climate projects by 2027. This will help strengthen health, education and research systems across the world.  The investment… Continue reading EU plans €300 billion infrastructure fund to counter China’s BRI

All WHO-approved jabs must be recognised for travel: UN

Source: The Hindu Relevance: Vaccination is essential for global economic recovery. The World Health Organization recently said that any COVID-19 vaccine it has authorised for emergency use should be recognised by countries as they open up their borders to inoculated travelers. The move could force Western countries to broaden their acceptance of two apparently less… Continue reading All WHO-approved jabs must be recognised for travel: UN

EU leaders clinch €750 billion coronavirus Recovery Fund

News: European Union has agreed upon a historic €750 billion ($860 billion) coronavirus recovery fund. Facts: Coronavirus Recovery Fund: The fund is aimed at containing an unprecedented economic downturn in the EU countries caused due to Covid-19 induced disruption. What does the fund contain? There are two parts of the fund: Euro 360 billion in… Continue reading EU leaders clinch €750 billion coronavirus Recovery Fund

Youth Climate Conclave

News:The Delegation of European Union (EU) to India has launched the Youth Climate Conclave. Facts: About the Youth Climate Conclave: The Youth Climate Conclave will be held as part of the World Sustainable Development Summit (WSDS), 2020. The project is organised by the EU together with German development agency(GIZ), Energy and Resources Institute(TERI) and Council… Continue reading Youth Climate Conclave

U.K. opens up two-year post-study work permit visa again

News:United Kingdom has decided to re-introduce the two-year post-study work visa for international students. Facts: The new visa rules will allow International students to stay in the UK for two years after graduation to find a job. The move reverses a decision made in 2012 by the UK Government that forced overseas students to leave… Continue reading U.K. opens up two-year post-study work permit visa again

IIT Kharagpur to steer Saraswati 2.0 for reuse of treated water

IIT Kharagpur will be implementing the multi-institutional Saraswati 2.0 project. The project has been funded by the European Union and the Government of India’s Department of Science and Technology and Biotechnology.  The objective of the project is to identify the best available as well as affordable technologies for wastewater treatment and provide solutions to the… Continue reading IIT Kharagpur to steer Saraswati 2.0 for reuse of treated water

Europe rejects Iran’s ‘ultimatum’ but stands by nuclear agreement

European leaders has said that EU will remain committed to the Iran nuclear deal.But has also said that they have rejected the ultimatum given by Iran to prevent its collapse. EU has also said that it will continue pursuing efforts to enable the continuation of legitimate trade with Iran. Earlier,Iran had said that it will… Continue reading Europe rejects Iran’s ‘ultimatum’ but stands by nuclear agreement

U.K. unveils tariff plan for ‘no-deal’ scenario

UK Government has announced temporary tariff plans if it leaves the European Union without a transition deal.The tariff plans are (a)eliminate import tariffs on a wide range of goods and (b)keep the border between Ireland and Northern Ireland free of customs checks. The tariff plans would apply both to imports from the EU and from… Continue reading U.K. unveils tariff plan for ‘no-deal’ scenario

May’s deal faces another crunch test today

UK Parliamentarians will vote on Brexit deal after UK prime minister has said that she had secured “legally binding” changes to the backstop agreement with the European Union(EU).She said that this would mean that the European Union(EU) cannot keep the UK in the [Irish] backstop indefinitely. The “backstop” agreement reached between the EU and the… Continue reading May’s deal faces another crunch test today

May’s Brexit deal faces another defeat

British Prime Minister is set to face another Brexit deal defeat after two major eurosceptic factions in UK parliament have said that they would vote against her deal.It was because she had failed to get any concessions from the European Union(EU).A Eurosceptic is someone who is opposed to closer links between Britain and the European… Continue reading May’s Brexit deal faces another defeat

London mayor for Brexit delay to break deadlock

London Mayor has urged United Kingdom Prime Minister to delay Brexit by either extending the notice period for Article 50, or by withdrawing Article 50. Article 50 of the Treaty of Lisbon gives any EU member state the right to quit unilaterally and outlines the procedure for doing so. It gives the leaving country two… Continue reading London mayor for Brexit delay to break deadlock