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December 01, 2023: National Current Affairs MCQs News
1. COP28 starts on high note with creation of loss and damage fund
The 28th UN climate summit opened with good news for poor nations struggling to cope with natural disasters, as delegates adopted a new fund to help the developing world bear the cost of climate driven damages.
The 28th UNFCCC Conference of Parties (COP) commenced in Dubai`s Expo City on Thursday with 52,000 party delegates and 90,000 non-party delegates joining this year`s proceedings.
While many observers were already expecting this decision, delegates applauded it with a standing ovation
2. Ordinances promulgated to `fulfil IMF commitments`
The president has promulgated ordinances to restructure the management system of four government institutions in line with the commitment made to the IMF.
The National Highway Authority (Amendment) Ordinance 2023, Pakistan Postal Services Management Board (Amendment) Ordinance 2023, Pakistan National Shipping Corporation (Amendment) Ordinance 2023, and Pakistan Broadcasting Corporation (Amendment) Ordinance 2023 were promulgated on Thursday after respective secretaries `briefed the President on the urgency` of the matter, according to a PID news release
3. South Asia`s first gender bond launched
Credit guarantee provider InfraZamin Pakistan and microfinance institution Kashf Foundation announced on Thursday the closing of South Asia`s inaugural gender bond.
In a gong ceremony at the Pakistan Stock Exchange (PSX), Securities and Exchange Commission of Pakistan (SECP) Chairman Akif Saeed praised the stakeholders for coming up with that debt instrument that helped the microfinance provider raise Rs2.5 billion for onward lending
4. Pakistan faced five-fold surge in malaria cases post-floods: WHO
After experiencing severe flooding last year, Pakistan witnessed a five-fold surge in malaria, with reported cases escalating from 500,000 in 2021 to 2.6 million in 2022 as stagnant water created an optimal breeding environment for mosquitoes, according to the World Malaria Report 2023.
Launched by the WHO on Thursday, the global report said that following the floods, the estimated number of malaria cases in Pakistan stands at three million
5. Gaza truce extended by another day in last-minute deal
Israel and Hamas struck a last-minute agreement on Thursday to extend their ceasefire till Saturday morning, while Egyptian and Qatari negotiators kept pushing for a new two-day extension in exchange for prisoners and aid flows.
The announcement came hours after US Secretary of State Antony Blinken arrived in Israel, urging Tel Aviv to immediately hold Jewish settler extremists accountable for violence against Palestinians in the occupied West Bank. Meanwhile, Gazans have been able to use the week-long truce to venture out, visit abandoned and destroyed homes, and dig scores more bodies out of the wreckage. But residents and international agencies say the aid that has arrived so far is still trivial compared to the besieged enclave`s vast humanitarian needs
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6. UNSC fails to endorse ceasefire
The UN General Assembly and Security Council deliberated on the Palestinian issue over the past two days, but failed to endorse a ceasefire despite the acknowledged urgency for peace in Gaza, where over 14,000 civilians have been killed since Oct 7.
No concrete call for a ceasefire was made, and despite UN officials conveying the seriousness of the situation in Gaza to the 15-member Council, including a plea by Secretary General António Guterres for a `true humanitarian ceasefire`, the member states did not endorse the call for peace
7. China backs two-state solution
China called on the United Nations Security Council on Thursday to formulate a `concrete` timetable and roadmap for a two-state solution to achieve a `comprehensive, just and lasting` settlement of the Palestinian issue.
The proposal was laid out in a paper stating China`s position on resolving the Palestinian-Israeli issue released by the Chinese foreign ministry, and as China took over the rotating presidency of the Security Council for November
8. Russia bans `international LGBT movement`
Russia on Thursday banned the `international LGBT movement,` claiming it was an extremist group in a move that cements a long crackdown on the community as the Kremlin pushes ultra-conservative social values.
The conservative turn promoted by President Vladimir Putin often portrayed as an existential fight against Western liberal values-has accelerated since the offensive in Ukraine
9. Japan asks US military to ground Osprey aircraft
Japan said it has asked the US to suspend all non-emergency V-22 Osprey flights over its territory after one fell into the sea on Wednesday in western Japan, marking the country`s first fatal US military plane crash in five years.
The US Air Force said the cause of the mishap during a routine training mission, which killed at least one person, is currently unknown. Search and rescue operations to find the remaining seven crew are still ongoing
10. Kissinger, exponent of raw US power, dies at 100
Henry Kissinger, the most powerful US diplomat of the Cold War era, who helped Washington open up to China, forge arms control deals with the Soviet Union and end the Vietnam War but who was reviled by critics over human rights, has died at the age of 100.
Kissinger, a German-born Jewish refugee whose career took him from academia to diplomacy and who remained an active voice in foreign policy into his later years, died at his home in Connecticut on Wednesday, his geopolitical consulting firm, Kissinger Associates, said
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