August 2022

Daily Top-10 Current Affairs MCQs / News (August 27, 2022) for CSS, PMS

6. Belarus planes `modified` to carry N-weapons

• Belarusian President Alexander Lukashenko said on August 26, 2022 that his country`s warplanes had been modified to carry nuclear weapons and that Minsk would react immediately if the West caused it any problems.
• Lukashenko said he had agreed the move to modernise Belarusian warplanes with Russian President Vladimir Putin, the Belta news agency reported.
• Belarus, a staunch Russian ally, does not have its own nuclear weapons.
• Lukashenko did not go into details about how a weapons transfer from Moscow, which is using Belarusian territory to mount its military operation against Ukraine, might take place

7. Japan keen to hold Lanka creditors` meeting, but China remains cautious

• Japan is seeking to organise a Sri Lanka creditors` conference, hoping it could help solve the South Asia nation`s debt crisis, but uncertainties cloud the outlook for any talks, three people with knowledge of the planning said.
• Tokyo is open to hosting talks among all the creditor nations aimed at lifting Colombo from its worst debt crisis since independence, but it is not clear whether top creditor China would join and a lack of clarity remains about Sri Lanka`s unances, one source said.
• Japan would be willing to chair such a meeting with China if that would speed up the process for addressing Sri Lanka`s debt, estimated at $6.2 billion on a bilateral basis at the end of 2020, this source said.

8. US presses India to cap prices of Russian oil

• The United States had constructive discussions with Indian officials on a proposal to cap prices of Russian oil, US Deputy Treasury Secretary Wally Adeyemo said on August 26, 2022, as it seeks global support for a proposal to cut Russian revenue.
• India and China have stepped up oil purchases from Russia after the Ukraine invasion at a discount to the market price, at a time Western sanctions have pushed global inflation to the highest levels in years and hurt revenues of European and American companies linked to Russia`s oil trade.
• The Group of Seven aims to have a price-capping mechanism on Russian oil exports in place by Dec 5, when European Union sanctions banning seaborne imports of Russian crude come into force

9. Turkiye dismisses concerns over US sanctions warning

• Turkiye`s finance minister on August 26, 2022 dismissed as `meaningless` concerns among Turkish businesses over a US Treasury warning that they risked being penalised if they maintained commercial ties with Russians under sanctions.
• Nato-member Turkiye has sought to strike a balance between Moscow and Kyiv by criticising Russia`s invasion and sending arms to Ukraine, while opposing the Western sanctions and continuing trade, tourism and investment with Russia.
• Finance Minister Nureddin Nebati said Turkiye was determined to improve economic and trade relations with its neighbours `within a framework that is not subject to sanctions`.

10. Ukraine narrowly escapes nuclear disaster as plant loses power

• The world narrowly escaped a radiation disaster when electricity to Europe`s largest nuclear power plant was cut off for hours, Ukraine`s president said, urging international bodies to act faster to force Russian troops to vacate the site.
• President Volodymyr Zelensky said Russian shelling had sparked fires in the ash pits of a nearby coal power station that disconnected the Zaporozhzhia plant from the power grid. A Russian official said Ukraine was to blame.
• Back-up diesel generators ensured power supply vital for cooling and safety systems at the plant, Zelensky said, praising the Ukrainian technicians who operate the plant under the gaze of the Russian military.
• `If our station staff had not reacted after the black-out, then we would have already been forced to overcome the consequences of a radiation accident,` he said in a video address

Daily Top-10 Current Affairs MCQs / News (August 27, 2022) for CSS, PMS

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