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Current Affairs in Short: 3 December 2018

Qatar decided to withdraw its membership from the Organization of the Petroleum Exporting Countries (OPEC) from January 2019. The announcement was made by Qatar’s Energy Minister, Saad al-Kaabi at a press conference in Doha.

Dec 3, 2018 17:18 IST
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Qatar to withdraw from OPEC in January 2019

• Qatar decided to withdraw its membership from the Organization of the Petroleum Exporting Countries (OPEC) from January 2019.
• The announcement was made by Qatar’s Energy Minister, Saad al-Kaabi at a press conference in Doha.
• OPEC was informed about the decision ahead of the announcement.

World Bank unveils USD 200 billion in climate action investment for 2021-25

• The World Bank unveiled USD 200 billion in climate action investment for 2021 to 2025, thus, doubling its current five-year funding.
• The move coincides with a UN climate summit COP24 in Katowice, Poland.
• The move represents a significantly ramped up ambition to tackle climate change and sends an important signal to the wider global community to do the same.
• The breakdown of 200 billion dollars would comprise approximately 100 billion in direct finance from the World Bank.
• Around one-third of the remaining funding will come from two World Bank Group agencies with the rest private capital mobilised by the World Bank Group.

India pays homage to first President Dr Rajendra Prasad on his 134th birth anniversary

• India paid homage to the first President Dr Rajendra Prasad on his 134th birth anniversary.
• Vice President M Venkaiah Naidu remembered Dr Rajendra Prasad and his invaluable services to the nation as a freedom fighter and first President.
• Information and Broadcasting Minister, Rajyavardhan Rathore said as the 1st President of Independent India, Dr Prasad played an important role in laying a strong and stable foundation for India's prosperous future.

South African President Cyril Ramaphosa to be the Chief Guest at Republic Day Celebrations 2019

• South African President Cyril Ramaphosa will be Chief Guest at India’s 70th Republic Day celebrations on January 26, 2019.
• Ramaphosa was invited to be chief guest by Prime Minister Narendra Modi when two leaders met on sidelines of G20 summit in Buenos Aires, Argentina.
• The announcement comes month after US President Donald Trump declined India’s invitation to be chief guest. The reason citied was “scheduling constraints” of President.
• The Republic Day is celebrated to honour the Constitution of India that came into effect on January 26, 1950 replacing Government of India Act (1935) as the governing document of India.

FSSAI launches Heart Attack Rewind Campaign for elimination of industrially produced trans-fat

• Food Safety and Standards Authority of India (FSSAI) launched media campaign “Heart Attack Rewind”, calling for elimination of industrially produced trans-fat in the food supply.
• It will support FSSAI’s global target of eliminating trans-fat in India by 2022, a year ahead of global target by World Health Organization (WHO).
• It is in line with FSSAI objective to get Freedom from ‘Trans Fat: India@75′.
• The Heart Attack Rewind Campaign is the first mass media campaign that will educate consumers about the harmful effects and its link to cardiovascular diseases.
• It warns citizens about the health hazards of consuming trans-fat and offers strategies to avoid them through healthier alternatives.

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