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Current Affairs 7 November 2019

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Current Affairs 7 November 2019

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Current Affairs is a type of broadcast journalism where the emphasis is on detailed analysis and discussion of news stories that have recently occurred or ongoing at the time of broadcast. The article Current Affairs 7 November 2019 includes News summary on current events of International, National, Education, Banking, Sports, and Appointments importance of 7 November 2019.

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Ex-Twitter employees accused of spying for Saudi Arabia

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Key Highlights
  • Two former employees of Twitter have been charged in the US with spying for Saudi Arabia.

  • The charges, unsealed in San Francisco, allege that Saudi agents sought personal information about Twitter users including known critics of the Saudi government.

  • Court documents named the two as Ahmad Abouammo, a US citizen, and Ali Alzabarah, from Saudi Arabia.
New Zealand passes law to cut its carbon emissions to zero by 2050

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Key Highlights
  • New Zealand passed a "zero carbon" bill that aims to reduce the country's carbon emissions to zero by 2050 and meet its commitment under the Paris climate agreement.

  • "I stand by the statement that climate change is the biggest challenge of our time," PM Jacinda Ardern said. The bill was supported by both the ruling and the opposition parties.
China says it has agreed with US to cancel tariffs in phases

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Key Highlights
  • China and the US have agreed to cancel tariffs imposed during their trade war in phases as they work toward a deal, the Chinese commerce ministry said.

  • "The trade war started with tariffs, and should end with the cancellation of tariffs," it added. An interim deal is expected to include a US pledge to scrap tariffs scheduled for December 15.
Trump impeachment hearings to go public next week

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Key Highlights
  • Congressional Democrats have announced the first public hearings next week in an inquiry that may seek to remove President Donald Trump from office.

  • Three state department officials will testify first. So far lawmakers from three key House committees have heard from witnesses behind closed doors.

  • The impeachment inquiry centers on claims that Mr. Trump pressured Ukraine to publicly announce an investigation into political rival Joe Biden.
Iran's network of influence in Mid-East 'growing'

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Key Highlights
  • Iran's regional rivals have spent billions of dollars on Western weaponry, much of it from the UK.

  • Yet for a fraction of that cost, sanctions-bound Iran has been able to successfully embed itself across the region into a position of strategic advantage.

  • It has a major influence - verging on a controlling influence in some cases - over the affairs of Syria, Lebanon, Iraq, and Yemen.
Iran Seizes Travel Documents Of Inspector Working For UN Nuke Watchdog

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Key Highlights
  • Iran briefly held an inspector working for the UN nuclear watchdog in the Islamic Republic and seized her travel documents, diplomats familiar with the International Atomic Energy Agency's (IAEA) work said, some of whom described it as harassment.

  • The issue is due to be discussed at a meeting of the IAEA's 35-nation Board of Governors that was convened at short notice to discuss "two safeguards matters" not specified in the agenda.
Millennial MP's Retort To Heckler In New Zealand Parliament Draws Cheers

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Key Highlights
  • A 25-year-old New Zealand lawmaker's "OK, Boomer" response in parliament when heckled by an older colleague is being cheered by millennials around the world.

  • Chloe Swarbrick was speaking during debate about the Zero Carbon bill, which would set a target of zero carbon emissions for the country by 2050.

  • When her colleague interrupted, Swarbrick coolly responded, "OK, Boomer," and resumed her speech.

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S Jaishankar Discusses Economic Ties, Afghanistan With Finland Minister

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Key Highlights
  • Finland Foreign Minister Pekka Haavisto met External Affairs Minister Subrahmanyam Jaishankar and held talks on strengthening bilateral economic cooperation besides regional and global issues.

  • Mr. Haavisto said they exchanged views on a number of areas and also discussed the situation in war-ravaged Afghanistan.

  • "We want to enhance our cooperation with India and also look at ways to enhance economic cooperation. We also discussed regional issues, like the situation in Afghanistan," he said at an event here.
BSNL Rolls Out Voluntary Retirement Scheme To Reduce Wage Bill

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Key Highlights
  • Within days of government approving a relief package for the ailing corporation, state-owned BSNL has rolled out a voluntary retirement scheme for its employees, and said it expects 70,000-80,000 personnel to opt for it leading to savings of about Rs. 7,000 crore in the wage bill.

  • BSNL Chairman and Managing Director PK Purwar told PTI that the scheme will be open between November 4 and December 3 and that instructions have already been given to field units to inform employees about the VRS offering.
Delhi Air Pollution: Clean Delhi? Supreme Court Ranks City Below Faridabad

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Key Highlights
  • Delhi is worse than Faridabad in terms of cleanliness, the Supreme Court said today, and questioned how the World Bank Funds are spent by the administration.

  • The Chief Secretary, Vijay Dev, was vehemently admonished by the top court, which was hearing a petition from the pollution-control body Environment Pollution Control Authority or EPCA.
PM Modi Asks Agriculture Ministry To Give Machines To Farmers To Stop Stubble Burning

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Key Highlights
  • Prime Minister Narendra Modi today directed the Union Agriculture Ministry to give priority to farmers of Uttar Pradesh, Punjab and Haryana in distributing equipment to prevent stubble burning.

  • This came on a day the Supreme Court lashed out at authorities for failing to curb severe air pollution in the Delhi and its surrounding areas.

  • There are agro-machines available in the market which remove stubble and governments of Haryana and Punjab are offering a subsidy to farmers to buy the equipment.

shape Education

New Education Policy Will Be India-Centric: Education Minister

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Key Highlights
  • The new National Education Policy (NEP) will be the cornerstone for building a "new India", Union HRD Minister Ramesh Pokhriyal 'Nishank' said.

  • He said suggestions are being taken from various stakeholders, including students, parents, teachers, NGOs and scientists, before finalising the policy.

  • The NEP covers elementary to college education and the first was promulgated in 1968 by the government of the then prime minister Indira Gandhi and the second by then Prime Minister Rajiv Gandhi in 1986.
ICSI Ties Up With Colleges To Provide Library Facility To Its Members

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Key Highlights
  • In order to provide library facility to its members and students, the Institute of Company Secretaries of India (ICSI) has collaborated with 54 colleges and universities.

  • ICSI is the only recognized professional body in India to develop and regulate the profession of Company Secretaries.

  • "As an initiative to provide library services to its Members and Students all over India, the Institute of Company Secretaries of India is pleased to inform that it has forayed into a tie-up with 54 Renowned Universities and Colleges of India for providing access to its Library/Reading room facilities to esteemed Members and students of ICSI," it said in a recent notice.

shape Banking

SBI Chairman Rajnish Kumar calls for cutting HFCs exposure to developer loans

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Key Highlights
  • Housing Finance Companies (HFCs) should focus more on providing retail loans instead of financing developers, State Bank of India (SBI) Chairman Rajnish Kumar said, calling out for a reversal in an earlier relaxation.

  • "If you are a housing finance company, be a housing finance company. Else be a developer finance company. Everybody drew comfort when the money was lent to HFCs.
Yes Bank Shares Fall 4% After Moody's Places Ratings Under Review

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Key Highlights
  • Yes Bank shares fell nearly 4 per cent, a day after credit ratings agency Moody's Investors Service said it had placed private sector lender's rating under review for a downgrade.

  • Moody's currently has a foreign currency issuer rating of "Ba3" on Yes Bank.

  • On the Bombay Stock Exchange (BSE), Yes Bank shares fell as much as 3.92 percent to an intraday low of Rs. 66.05 apiece.
IndiGo, Qatar Airways Announce Codeshare Agreement

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Key Highlights
  • IndiGo said it signed a one-way codeshare agreement with Qatar Airways.

  • In a regulatory filing, InterGlobe Aviation - the parent of airline IndiGo - said the one-way agreement is in-line with its international expansion plans, and will enable Qatar Airways to place its code on IndiGo flights between Doha and Delhi, Mumbai and Hyderabad.

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Champions League: Maurizio Sarri Explains Why Cristiano Ronaldo Reacted Furiously After Being Substituted

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Key Highlights
  • Cristiano Ronaldo was clearly unhappy after being substituted for Paulo Dybala by Juventus coach Maurizio Sarri in the 82nd minute of the Champions League match against Lokomotiv Moscow.

  • There was a certain outbreak by Cristiano Ronaldo fans on Twitter after the Portuguese talisman was substituted with many slamming Maurizio Sarri for his decision. But the former Chelsea and Napoli manager Maurizio Sarri calmly explained why Cristiano Ronaldo had to be substituted while Juventus were chasing a winner in the match.
BCCI To Scrap IPL Opening Ceremony, Calls It "Waste Of Money": Report

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Key Highlights
  • Indian Premier League (IPL) might not feature an extravagant opening ceremony in the seasons to come as an official placed at the Board of Control for Cricket in India (BCCI) has reportedly called the idea a "waste of money".

  • The BCCI official told The Indian Express, "The opening ceremonies are a waste of money.

shape Appiontments

Cricket Australia appoints Melanie Jones as new director

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Key Highlights
  • Cricket Australia announced the appointment of former player Melanie Jones as their director.

  • A former international cricketer, Jones debuted for Australia in 1997 when she joined the team and won her first of two World Cups (2005).

  • The following year saw her make her first Test century, while on debut (131), in her first of two successful Ashes campaigns (2004).

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