Deglobalization
What is Deglobalization?- Deglobalization is the process of decreasing economic, political, and cultural interconnectedness between countries. It results in a decline in the economic trade and investment between countries. It is the opposite of globalization, which is the process of
Expansion of BRICS
Theme:- The 15th BRICS summit took place in Johannesburg, South Africa. The event, held from 22 August 2023 to 24, August 2023, marked a pivotal moment for the alliance as member countries announced their decision to expand the organization. This
WorldCoin
Theme:- Open AI’s CEO Sam Altman officially launched the WorldCoin project on the 24th of July 2023. This project was originally started in 2019.
- It is a cryptocurrency project similar to blockchain but based on
Restrictions on the import of laptops, tablets, and servers
Theme:- On August 3rd, 2023, the Indian government took steps to restrict the import of laptops, tablets, and servers. Later, the government clarified that the decision will be applicable from 1st November 2023 to allow a transition period.
India’s rice export ban
Theme:- On 20th July 2023, India banned the export of non-basmati rice.
- Some regions of India witnessed less rainfall, which resulted in less rice planting in India when compared with last year. Some other
