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Daily Top-10 Current Affairs MCQs / News (July 06, 2022) for CSS, PMS

Shahzad F. Malik
Daily Top-10 Current Affairs MCQs / News (July 06, 2022) for CSS, PMS
WELCOME TO CSS TIMES DAY BY  DAY CURRENT AFFAIRS, YOUR BEST SOURCE FOR UP-TO-DATE AND DAILY TOP CURRENT AFFAIRS 2022 FOR PREPARATION OF CSS, PMS, BANKING, NTS, RAILWAYS AND ALL COMPETITIVE EXAMS.  “DAY TO DAY CURRENT AFFAIRS” BASICALLY IS TOP 10 NEWS SUMMARY ON CURRENT HAPPENINGS OF NATIONAL AND INTERNATIONAL IMPORTANCE FOR ALL EXAMINATIONS

July 06, 2022: National / International Current Affairs

1. Parliamentary body to keep eye on talks with TTP

• The military on Tuesday secured the nod of the Parliamentary Committee on National Security`s for peace talks with the banned Tehreek-i-Taliban Pakistan (TTP) after conceding to the Pakistan Peoples Party`s demand for the process to be overseen by a parliamentary committee.
• `There was nearly a consensus that the talks should be held except for opposition by head of National Democratic Movement Mohsin Dawar,` one of the participants of the meeting told Dawn.
• The Prime Minister Office, in a statement on the meeting, meanwhile, said: `The Parliamentary Committee on National Security formally approved the process of negotiations and approved the formation of a `Parliamentary Oversight Committee`

2. ECC approves Rs193bn in supplementary grants

• In less than a week after the approval of the federal budget 2022-23, the government on July 5, 2022 approved Rs193 billion worth of supplementary grants and relaxed the ban on non-essential and luxury items imposed three weeks ago to curb the import bill amid falling foreign exchange reserves.
• These decisions were taken at a meeting of the Economic Coordination Committee (ECC) of the Cabinet presided over by Finance Minister Dr Miftah Ismail. The meeting stopped short of declaring a `National Disease Emergency` as lumpy skin disease spread in the country with a possible economic loss of over Rs80bn besides international ramifications. The meeting agreed in principle to continue the subsidy scheme for five essential items and wheat flour but did not formally approve its cost estimates going beyond Rs70bn.

3. Pakistan turns net importer of Afghan goods

• As Pakistan`s exports to Afghanistan saw a deeper drop since the Taliban took control of Kabul in August 2021, the government on July 5, 2022 took a major decision to allow trade of all products to Kabul in the rupee via land routes owing to the non-availability of tradable currency through banking channels.
• The change in trade regime from dollar to rupee is considered to be one of the steps to reverse the downward trend in the coming months.
• The Economic Coordination Committee (ECC) of the Cabinet approved a summary of the commerce ministry amending the Import Policy Order (IPO) to allow trade with Afghanistan in rupees for a period of one year. It is believed the regime will remain in place until the restoration of regular banking channels in Afghanistan

4. Don`t hug or shake hands; NCOC issues Eid SOPs

• As the country reported over 600 cases of Covid-19 on a daily basis for nearly a week, the National Command and Operation Centre (NCOC) on July 5, 2022 released guidelines for the Eidul Azha, urging people to refrain from hugging and shaking hands and perform prayers in open areas.
• According to the NCOC, 18,950 tests were conducted during the past 24 hours, out of which 653 returned positive, taking the national positivity rate to 3.45pc.
• The number of patients in critical care has also increased to 162.
• The Eid, which will be celebrated on July 10, is a significant religious event, therefore, precautionary measures are needed to control the spread of the virus, the guidelines read.`Eidul Azha prayers should be organised in open spaces under stringent Covid-19 protocols. In case of any compulsion to offer the prayers inside mosques, then all windows and doors should be kept open for ventilation and minimize the chances of disease spread,` it stated.

5. Finland, Sweden sign to join Nato but need ratification

• Nato`s 30 allies signed an accession protocol for Finland and Sweden on July 5, 2022, allowing them to join the nuclear armed alliance once parliaments ratify the decision, the most significant expansion of the alliance since the 1990s.
• The signing at Nato headquarters follows a deal with Turkey at last week`s Nato summit in Madrid, where Ankara lifted its veto on the Nordic membership bids following assurances that both countries would do more to fight terrorism.
• `This is truly an historic moment,` Nato Secretary General Jens Stoltenberg said alongside the foreign ministers of the two countries. `With 32 nations around the table, we will be even stronger

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6. US, China hold rare discussion on `severe` economic challenges, supply chains

• Top officials from the United States and China held a `candid` video call on July 5, 2022 to discuss global economic challenges, especially regarding supply chains.
• The exchange between Chinese Vice Premier Liu He and US Treasury Secretary Janet Yellen came as President Joe Biden considers lifting some tariffs on imports from China to try and ease soaring inflation.
• The world`s two biggest economies are also grappling with Covid-snarled supply chains and rising global energy prices

7. Sri Lanka admits bankruptcy, warns of crisis through 2023

• Sri Lanka is bankrupt and the acute pain of its unprecedented economic crisis will linger until at least the end of next year, Prime Minister Ranil Wickremesinghe told parliament on July 5, 2022.
• The island nation`s 22 million people have endured months of galloping inflation and lengthy power cuts after the government ran out of foreign currency to import vital goods.
• Wickremesinghe said the once-prosperous country will go into deep recession this year and acute shortages of food, fuel and medicine will continue.
• `We will have to face difficulties in 2023 as well,` the premier said

8. Israel invokes Macron`s 2018 proposal on Iran, wants tougher nuclear talks

• Israeli Prime Minister Yair Lapid on July 5, 2022 urged French President Emmanuel Macron to revisit a 2018 proposal for a new Iran deal, saying the current diplomatic stalemate threatened a Middle East arms race.
• With US President Joe Biden trying to row back on his predecessor Donald Trump`s withdrawal from a 2015 Iran nuclear deal, Israeli officials have privately suggested the European powers in the talks are now tougher on Iran than Washington.
• This in turn means that Lapid`s visit to France, his first abroad since becoming caretaker premier last week, was a chance for him to lobby Europeans on that front

9. Ukrainian becomes second woman to win Fields maths medal

• Ukraine`s Maryna Viazovska paid tribute to those suffering in her war-torn country on July 5, 2022 when she became the second woman to be awarded the Fields Medal, known as the Nobel prize for mathematics.
• Viazovska, a 37-year-old maths professor, received the prestigious award alongside three other winners at a ceremony in Helsinki.
• `I am from Kyiv, Ukraine, and in February my life changed forever` when Moscow invaded, she said in a video displayed at the ceremony.
• `Not only for me but for everyone in the world and especially the people in my country,` she said, adding that her two sisters had been evacuated from Kyiv

10. Indian plane makes unexpected landing at Karachi

• An Indian airliner carrying 132 passengers and 12 crew members from Delhi made an unexpected landing at Jinnah International Airport after reporting some fault and seeking permission from authorities here on July 5, 2022 morning, hours before another aircraft from India arrived to fly them to their destination.
• A spokesman for the Pakistan Civil Aviation Authority said the aircraft, a Boeing 737, took off from Delhi for Dubai, but was diverted to Karachi after the captain reported some fault and sought permission for landing at Jinnah International.
• `The Indian plane landed safely at 9:17am,` he said, adding that initially all the passengers were asked to stay in the aircraft. They were provided food while engineers from the Pakistan International Airlines inspected the aircraft,` he said

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