Top 5 Current Affairs: 23 August 2019
Finance Minister Nirmala Sitharaman said that the current projected global GDP growth is of about 3.2 % and it is probably going to be even revised downwards.
Union Finance Minister Nirmala Sitharaman said that the current projected global GDP growth is of about 3.2 % and it is probably going to be even revised downwards. She further stated that the global demand has been weak and it is expected to reduce further due to the ongoing trade war between the US and China. The fluctuation in the Chinese currency also plays a huge role in it. However, she assured that the Indian economy is at a better position in comparison to others.
Financial Action Task Force (FATF) Group places Pakistan on its Blacklist (Enhanced Expedited Follow Up List) for its failure in meeting the required global standards; and combating terrorism and money laundering. Pakistan was put in the Enhanced Blacklist of Asia Pacific Group (APG) because of the following reasons – Pakistan was non-compliant in 32 of the 40 Compliance Parameters on Money Laundering & Terror Financing, and it ranked low in 10 of the 11 Effectiveness Parameters.
The Supreme Court has agreed to hear a plea by a Muslim body challenging the new triple talaq law. The Jamiat Ulama-i-Hind moved the apex court on August 23, 2019 questioning the validity of the new Muslim Women (Protection of Rights on Marriage) Act of 2019, which makes the practice instant triple talaq a punishable offence.
The Supreme Court has granted anticipatory bail to P Chidambaram in the ED case till August 26, 2019. P Chidambaram will, however, continue to remain in CBI custody as the top court did not give any relief in the CBI case. The apex court has listed both ED and CBI cases against P Chidambaram for hearing on Monday.
Amazon rainforest, the world’s largest rain forest is at the risk of getting burned out completely. The rainforest, which contributes almost 20 percent of the earth’s oxygen, has been burning for over 16 days resulting in a major loss of trees and biodiversity. It will get completely burned out if it is not put out soon.