Credit Suisse-Ecuador Deal for Galapagos Conservation

Facts for Prelims (FFP)   Source: IE  Context: Credit Suisse has announced buying Ecuadorian bonds worth $1.6 billion (€1.45 billion) in a debt-for-nature swap that cost the Swiss bank just $644 million.  Purpose: Ecuador has committed to spending (for 20 years) on the protection of one of the world’s most precious ecosystems – The Galapagos …

Samarth Ramdas and Chhatrapati Shivaji Maharaj

Facts for Prelims (FFP) Source: IE  Context: The NCP has demanded an “unconditional apology” from a religious leader (Jaggi Vasudev) for making the claim that Saint Samarth Ramdas was Maratha ruler Chhatrapati Shivaji’s guru.   Who was Samarth Ramdas/Sant Ramdas? Samarth Ramdas (1608 – 1681) was a Hindu saint, philosopher, poet, writer and spiritual master. …

COVID-19 is no more a public health emergency of international concern

GS Paper 2  Syllabus: Issues Relating to Development and Management of Social Sector/Services Relating to Health   Source: TH Context: The World Health Organization (WHO) declared that COVID-19 was no longer a public health emergency of international concern (PHEIC).   When was it declared PHEIC? COVID-19 was announced as a ‘PHEIC’ by the WHO on …