Marshall Islands to launch world first digital legal tender

Transcription

1 Headlines Marshall Islands to launch world first digital legal tender 90th Academy Awards (Oscars 2018) India 12th largest overseas holder of US securities in 2017 Krishna Kumari Kohli: Pakistan elects first Hindu woman to Senate

2 Headlines India and Vietnam inked 3 agreements Viswanathan Anand Wins Tal Memorial Rapid Chess Title Advani-Led India Wins Snooker Team World Cup 2018 Rashid Khan Becomes Youngest Captain In International Cricket History

3 Marshall Islands to launch world first digital legal tender March 5, 2018 Marshall Islands in Pacific Ocean is set to become first country in world to recognize cryptocurrency as its legal tender and adopt transparent crypto monetary system. The parliament of island has passed law to create the digital currency called Sovereign with symbol SOV to raise some hard cash to pay bills and boost economy.

4 Key Facts The Marshall Islands is partnering with Israeli fintech startup Neema to launch its SOV. It will have equal status with US dollar as form of payment. The island country will issue 24 million SOVs in Initial Currency Offering (ICO). It will be circulated as legal tender in the country, alongside its current local currency, US dollar. SOV issued by Marshall Islands will be different from other cryptocurrencies including bitcoin because it will be officially recognized by law as legal tender and effectively backed by government.

5 Background The Marshall Islands is closely aligned with US under Compact of Free Association and uses US dollar as its official currency. Under compact association, US provides the Marshall Islands with about $70 million each year in assistance. In turn, US runs a military base on Island s Kwajalein Atoll. Venezuela was the first country to officially launch its own cryptocurrency named Petro, backed by crude oil reserves but its validity as legal tender is not yet known

6 90th Academy Awards (Oscars 2018) March 5, 2018 The 90th Academy Awards commonly referred to as Oscars was held at the Dolby Theatre in Hollywood, Los Angeles, California (US). The award presented in 24 categories by Academy of Motion Picture Arts and Sciences (AMPAS), honouring best films of year continued

7 The Shape of Water won the most number of awards totaling to four at the ceremony after it was nominated into highest 13 categories. It was followed by Dunkirk, nominated for eight categories and Three Billboards Outside Ebbing, Missouri, nominated for seven categories.

8 Winners are: Best Picture: The Shape of Water. Best Actress: Frances McDormand (Three Billboards Outside Ebbing, Missouri as Mildred Hayes). Best Actor: Gary Oldman (Darkest Hour as Winston Churchill) Best Director: Guillermo del Toro (The Shape of Water).

9 Academy Awards (Oscars) Academy Awards, famously known as Oscars is a group of 24 artistic and technical honours that recognizes excellence in cinematic achievements in US film industry. It is given annually by the Academy of Motion Picture Arts and Sciences (AMPAS). The award was first presented in The winners are awarded a copy of a statuette officially called the Academy Award of Merit (famously referred as Oscar Award)

10 India 12th largest overseas holder of US securities in 2017 March 5, 2018 According to recent figures compiled by US Treasury Department, India is 12th largest overseas holder of US government securities. India s exposure to it has risen sharply to high of US $144.7 billion at end of 2017.

11 The preliminary data from June 2017 benchmark survey of foreign portfolio holdings of US securities showed that total value of such holding was $18.44 trillion. China was largest holder of US government securities with holdings to tune of $1.18 trillion, followed by Japan at $1.06 trillion. Ireland was third with holdings of $326.5 billion

12 Krishna Kumari Kohli: Pakistan elects first Hindu woman to Senate March 5, 2018 Krishna Kumari Kolhi (39) from Sindh province in Pakistan became first-ever Dalit Hindu woman to get elected as Senator, member of upper house (Senate) of Muslim-majority country.

13 She won the election for the reserved seat for women from Sindh province. She is a member of Bilawal Bhutto Zardari-led Pakistan People s Party (PPP). Her election represents major milestone for women and minority rights in Pakistan.

14 India and Vietnam inked 3 agreements March 5, 2018 India and Vietnam have signed three agreements including landmark pact on civil nuclear cooperation to boost bilateral relations.

15 These agreements were inked after Prime Minister Narendra Modi held talks with visiting President of Vietnam, Tran Dai Quang in New Delhi. Vietnam is one of India s closest strategic partners in the ASEAN region.

16 Signed Agreements are MoU on Economic and Trade Cooperation: Its purpose is to establish a framework for enhancing economic and trade promotion. MoU on Cooperation in the field of atomic energy: It was signed between the Global Centre for Nuclear Energy Partnership, India (GCNEP) and Vietnam Atomic Energy Institute (VINATOM). Its purpose is to strengthen the technical cooperation in the field of atomic energy for peaceful purposes.

17 Work Plan for years in Agriculture: It was signed between Indian Council of Agricultural Research (ICAR) and Ministry of Agriculture and Rural Development of Vietnam. Its purpose is to promote cooperation in transfer of technology and exchange of visits of technical experts in the fields of agriculture and allied. India and Vietnam agreed to work for independent, open and prosperous Indo-Pacific region where sovereignty and international laws are respected and disputes are resolved through dialogue.

18 Both countries will work together for regional security, including maritime and cyber security. They respect the UN Convention on the Law of the Sea (UNCLOS) and will further deepen Comprehensive Strategic Partnership. They will increase two-way investment and hoped that bilateral trade will reach $15 billion by 2020.

19 Viswanathan Anand Wins Tal Memorial Rapid Chess Title World rapid champion Viswanathan Anand annexed the Tal Memorial rapid chess title in Moscow, Russia after an easy final round draw against Boris Gelfand of Israel.

20 His solitary loss came at the hands of Shakhriyar Mamedyarov of Azerbaijan in the third round.

21 Advani-Led India Wins Snooker Team World Cup 2018 India won the inaugural IBSF Snooker Team World Cup in Doha, Qatar. India beat Pakistan by 3-2 in the best-of-five final.

22 In the finals, Indian duo of Pankaj Advani and Manan Chandra staged a remarkable recovery after being 0-2 down.

23 Rashid Khan Becomes Youngest Captain In International Cricket History The leg-spinner from Afghanistan, Rashid Khan (19-year-old) has become the youngest captain in international cricket history.

24 He now holds the ICC No. 1 rank for bowlers in both the ODIs and T20Is and also became the youngest player ever to hold the top spot for any form of ICC men's ranking.

25 England s Arran Bindle is the youngest woman player at the age of 19 years and 260 days to lead a team in women s cricket. She led the England side in a three ODIs in 2001.

26 Youngest captains in international cricket: Rashid Khan (Afghanistan) - 19 years 159 days. Rajin Saleh (Bangladesh) - 20 years 297 days. Rodney Trott (Bermuda) - 20 years 332 days. Tatenda Taibu (Zimbabwe) - 20 years 342 days. Nawab Pataudi (India) - 21 years 77 days.

27 QUIZ 1. Who has won the best actress award at the 90th Academy Awards 2018? a. Allison Janney b. Sally Hawkins c. Frances McDorman d. Saoirse Ronan

28 QUIZ 1. Who has won the best actress award at the 90th Academy Awards 2018? a. Allison Janney b. Sally Hawkins c. Frances McDorman d. Saoirse Ronan

29 2. What is the capital of Marshall Island? a. Majuro b. Manila c. Palikir d. None of these

30 2. What is the capital of Marshall Island? a. Majuro b. Manila (Capital of Philippines) c. Palikir (Capital of Federated States of Micronesia) d. None of these

31 3. Which country holds the largest US government securities in the recent figures compiled by US Treasury Department? a. Japan b. Ireland c. China d. India

32 3. Which country holds the largest US government securities in the recent figures compiled by US Treasury Department? a. Japan b. Ireland c. China d. India

33 4. Krishna Kumari Kohli: Pakistan elects first Hindu woman to Senate belongs to which Political party? a. Pakistan Muslim League b. Pakistan People s Party c. National Party d. Muttahida Majlis-e-Amal

34 4. Krishna Kumari Kohli: Pakistan elects first Hindu woman to Senate belongs to which Political party? a. Pakistan Muslim League b. Pakistan People s Party c. National Party d. Muttahida Majlis-e-Amal

35 5. Name the President of Vietnam? a. Tô Lâm b. Đinh La Thăng c. Tran Dai Quang d. None of these

36 5. Name the President of Vietnam? a. Tô Lâm b. Đinh La Thăng c. Tran Dai Quang d. None of these

37 6. Viswanathan Anand is associated with which game? a. Gymnastics b. Chess c. Cricket d. Hockey

38 6. Viswanathan Anand is associated with which game? a. Gymnastics b. Chess c. Cricket d. Hockey

39 7. IBSF Snooker Team World Cup held in? a. Hurghada, Egypt b. Daugavpils, Latvia c. Bangalore, India d. Doha, Qatar

40 7. IBSF Snooker Team World Cup held in? a. Hurghada, Egypt b. Daugavpils, Latvia c. Bangalore, India d. Doha, Qatar

41 8. Youngest captains in international cricket Rashid Khan is from which country? a. Pakistan b. Bangladesh c. India d. Afghanistan

42 8. Youngest captains in international cricket Rashid Khan is from which country? a. Pakistan b. Bangladesh c. India d. Afghanistan