March 2011 International Issues



India among world's top 10 manufacturing nations: UNIDO

India has secured a place among the world's 10 largest manufacturing countries as the share of major industrialised economies in global factory output fell significantly in the last decade, according to UNIDO report.

India occupies the 9th position among the global leading manufacturing countries.





Operation Odyssey Dawn is the US code name for the international military operation in Libya by a coalition that is enforcing United Nations Security Council Resolution 1973. It implements a no-fly zone that was proposed during the 2011.





The British name for their military support of Resolution 1973 is Operation ELLAMY, the Canadian participation is Operation MOBILE, and the French participation is operation Harmattan. NATO's military activity is Operation Unified Protector.





Russia's highest honour for Gorbachev

The last Soviet leader, Mikhail Gorbachev, was awarded Russia's top medal on his 80th birthday in a late and almost reluctant recognition of his services.

The Order of St. Andrew conferred on Mr. Gorbachev is the first and only award he has received in the past 20 years since his resignation in 1991 following the breakup of the Soviet Union.





China plans Tibet-Xinjiang rail links

China has unveiled plans to link up Tibet and Xinjiang, its two far-western frontier regions, with a new railway network as part of a wider initiative to boost infrastructure projects in border areas in the next Five-Year Plan (2011-15).





The Dalai Lama announced on 10 March that he would step down as “political head” of the so-called Tibetan government-in-exile but would remain as religious leader and continue to advocate “meaningful autonomy” for Tibet.

The New “Parliament” will be elected when Tibetans across the world vote on March 20. By devolving his powers, the Dalai Lama hopes to give the “Prime Minister” a greater clout.





Mexican Billionaire, Telecom Tycoon Carlos Slim remained the richest person in the world with $74 billion in assets, while NRI steel magnate Lakshmi Mittal ranked sixth and Indian industrialist Mukesh Ambani is placed ninth in the U.S. magazine Forbes annual list of world's top billionaires. 


Telecom tycoon Helu, whose worth increased by $20.4 billion from last year's $53.5 billion, is followed by Microsoft founder and now a full time philanthropist William Gates III (popularly known as Bill Gates) with a net worth of $56 billion. 


Investment guru Warren Buffet is at the third spot with assets worth $50 billion. Chairman of French luxury good outfit, Louis Vuitton Moet Hennessy (LVMH), Bernard Arnault has been placed at the fourth spot with net worth of $41 billion; he is the richest person in Europe. 


The fifth place has been taken over by Larry Ellison of Oracle. Mr. Mittal ranked sixth with $31.1 billion of wealth. Mr. Ambani, with net asset of value $27 billion, lost five places and was placed at the ninth position in this year's list. 


According to Forbes, the number of billionaires has increased from 49 to 55 in India, 69 to 115 in China, 25 to 36 in Hong Kong, and across Asia-Pacific it surged from 243 to 332. Other Indians among top 100 include, Wipro chief Azim Premji (36th spot with $16.8 billion), Shashi and Ravi Ruia (42nd place with $15.8 billion), Savitri Jindal (56th rank with $13.2 billion), Gautam Adani (87th spot with $10 billion) and K.M. Birla (97th spot with $9.2 billion)





Carlos Slim remains world's richest person: Forbes

Mexican billionaire Carlos Slim remained the richest person in the world with $74 billion in assets, while NRI steel magnate Lakshami Mittal ranked sixth and Indian industrialist Mukesh Ambani is placed ninth in the U.S. magazine Forbes annual list of world's top billionaires.


Telecom tycoon Helu, whose worth increased by $20.4 billion from last year's $53.5 billion, is followed by Microsoft founder and now a full time philanthropist William Gates III (popularly known as Bill Gates) with a net worth of $56 billion.


Wipro chief Azim Premji in 36th position




Worlds Top Five Richest Persons list 2011

Carlos Slim HelĂș (Mexico)

Bill Gates (United States)

Warren Buffett (United States)

Bernard Arnault (France)

Larry Ellison (United States)






TSUNAMI HITS JAPAN

A ferocious tsunami spawned by one of the largest earthquakes ever recorded slammed Japan's eastern coast, killing hundreds of people as it swept away boats, cars and homes while widespread fires burned out of control.





India voted in favor of sanctions against Libyan leader Muammar Qadhafi, his relatives and associates. This is the first major vote for India after joining the United Nations Security Council (UNSC) for the next two years. 

The Council unanimously approved curbs on travel, freezing of financial assets, weapon sales and a reference to the International Criminal Court (ICC) in The Hague.





Tunisian Prime Minister Mohammed Ghannouchi resigned on, as security forces clashed with protesters in Tunis demanding the removal of some Ministers of his interim government.





The central bank of Bangladesh, the Bangladesh Bank, has removed Nobel Laureate Dr. Muhammad Yunus as the Managing Director of Grameen Bank.

The microcredit pioneer won the Nobel Peace Prize in 2006 along with the Grameen Bank, which he founded. 

However, Grameen Bank's General Manager Jannat-e-Kownine told a news conference that Dr. Yunus would continue in office and that he would challenge the central bank order.





New regional VP for IATA Asia-Pacific

The International Air Transport Association (IATA) has appointed Maunu von Leuders as regional Vice-President for Asia-Pacific based in Singapore.





To mark the 100th anniversary of International Women's Day on March8, UN Women announced a New Regional Programme to address in India, Nepal and Sri Lanka. 

The three-year programme, funded jointly by UN Women Swiss National Committee and Standard Chartered Bank, will be implemented in India, Nepal and Sri Lanka to reduce social ostracism faced by widows. 

This will be done by collecting data and evidence to highlight the stigma faced by them, by working with widows' coalitions so they can speak up and access public services, and finally by guaranteeing that discrimination and social practices against widows are reviewed and repealed. India has an estimated 40 million widows





The International Atomic Energy Agency (IAEA) on March 8 gave its approval to a safeguards agreement for two new reactors chashma3 and chashma4 that Pakistan said China was building for it at Chashma. 

The ‘Type-66' agreement for the two reactors approved by the IAEA's 35-nation Board of Governors was identical to similar agreements already in place for Chashma-1 and Chashma-2.





A Ferocious Tsunami spawned by one of the largest earthquakes ever recorded (8.9) slammed Japan's eastern coast on11 March, killing thousands of people as it swept away boats, cars and homes while widespread fires burned out of control. 

The epicenter of earth quake was located at 130km from Japan’s Sendai city. Hours later, the tsunami hit Hawaii and warnings blanketed the Pacific, putting areas on alert as far away as South America, Canada, Alaska and the entire U.S. West Coast. 

The catastrophe claimed probably more than 10,000 lives. The appalling loss of life kept emerging from the hard-hit east coast of northern Honshu Island, where the monster wave destroyed more than 3,000 homes. 

Explosions took place in the Fukushim Daiichi nuclear power station, destroyed a building housing the reactor, radiation leak was also occurring.





IAOP ‘Global Outsourcing 100' list

Legal services outsourcing company CPA Global has found a place in the International Association of Outsourcing Professionals' (IAOP) ‘Global Outsourcing 100' list. 

With offices across Europe, the US, Asia and the Pacific, CPA Global has been included in this prestigious list consecutively for the past three years.



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