Sri Lanka, one of Asia’s oldest democracies is in the midst of a political turmoil, following the sudden dismissal of Prime Minister RanilWickremesinghe by President MaithripalaSirisena on October 26, 2018.
The Republic of Seychelles on October 29, 2018 launched the world’s first Sovereign Blue Bond, a financial instrument designed to support sustainable marine and fisheries projects.
The United Nations Day was observed across the world on October 24, 2018, marking the 73rd anniversary of the UN Charter’s entry into force.
Green Climate Fund, the UN-backed fund has approved more than $1 billion for 19 new projects to help developing countries tackle climate change. The decision was taken during a four-day meeting in Manama, Bahrain that ended late on October 20, 2018.
The World Economic Forum (WEF) on October 16, 2018 released the Global Competitiveness Report 2018. The report publishes the Global Competitiveness Index, ranking 140 countries on the basis of 98 indicators organised into 12 pillars.
The International Day for the Eradication of Poverty was observed across the world on October 17, 2018. This year’s theme of the day is ‘coming together with those furthest behind to build an inclusive world of universal respect for human rights and dignity.
Indian-American Nikki Haley on October 9, 2018 resigned as the United States Ambassador to the United Nations.
India’s growth rate is predicted to increase to 7.3 per cent in 2018 and 7.4 per cent in 2019, as per the latest World Economic Outlook report released by the International Monetary Fund (IMF) on October 9, 2018. In 2017, India had recorded a growth rate of 6.7 per cent.
India-born Gita Gopinath was appointed as the Chief Economist of the International Monetary Fund (IMF) on October 3, 2018, becoming the first woman to hold the position.
The World Habitat Day was observed across the world on October 1, 2018, that is the first Monday of October 2018, to reflect the present state of the world’s towns and cities, and emphasise the basic right of all to receive adequate shelter.
2018 Theme: Municipal Solid Waste Management