Source: DH Context: Prime Minister of India arrived in Buenos Aires on an official visit to Argentina, to enhance cooperation in defence, energy, agriculture, and trade. About Argentina: Location: Argentina is in southern South America. Capital: Buenos Aires Neighbours: Chile (west), Bolivia and Paraguay (north), Brazil and Uruguay (northeast), and the Atlantic Ocean (east). Geography …
Facts for Prelims (FFP) Source: TH Context: Argentina has formally rejected the invitation to join the BRICS (Brazil, Russia, India, China, South Africa) group of major emerging economies. The membership of Argentina, Ethiopia, Iran, Saudi Arabia, Egypt and the United Arab Emirates was due to take effect from January 1, 2024. Why did …
Mapping Source: TH Context: Argentina’s new president Javier Milei plans to replace Argentina’s currency with the dollar to address economic challenges. Dollarization is seen as a potential solution to hyperinflation, breaking the link between rising prices and increasing money supply. Ecuador’s successful experience with dollarization led to notable improvements in economic growth, poverty reduction, …
Mapping Source: BL India is on the verge of finalizing agreements for the acquisition of five lithium blocks in Argentina through the State-owned joint venture, KABIL. Argentina, as part of the “Lithium Triangle” along with Chile and Bolivia, is a significant producer of lithium, holding the world’s third-largest lithium reserve. KABIL is a joint …
Mapping Source: PIB India and Argentina have agreed to foster the bilateral exchange of young researchers and startups, particularly in the fields of biotechnology and agriculture. Bilateral trade between India and Argentina reached a historic peak of over USD 6 billion in 2022, with India as the 4th largest trading partner of Argentina. I …
InstaLinks : help you think beyond the issue but relevant to the issue from UPSC prelims and Mains exam point of view. These linkages provided in this ‘hint’ format help you frame possible questions in your mind that might arise(or an examiner might imagine) from each current event. InstaLinks also connect every issue to …
Continue reading “[Mission 2023] INSIGHTS DAILY CURRENT AFFAIRS + PIB SUMMARY 19 December 2022”
