News Burger – Your Weekly Prep Diet – Week #4 (May)

This week's News Burger is:

• UAE Approves 100% Business Ownership:
  Earlier, the UAE Cabinet only allowed a business to own 49% of the business based in UAE. The move will be implemented by the end of 2018.

 

• Iraq will host 1st International Football Tournament Since The 1990s:
  The middle-eastern nation will host the West Asia Football Federation Championship (WAFFC) in the city of Basra in November 2018. This comes after in March 2018, FIFA lifted the 30-year ban on Iraq from hosting football competitions, owing to the terrorism and disturbance in the country.

 

• Nipah Virus:
  According to the World Health Organization, the Nipah Virus is a disease transmitted from animals to humans. India has already seen multiple cases of the Nipah Virus (Kerala, where it has lead to multiple deaths), and this is not the first time Nipah cases have been seen in the sub-continent. The virus is similar to influenza, and in India, the fatality rate has been 75%.

 

• Lionel Messi Wins The European Golden Shoe:
  The Barcelona legend has won his 5th European Golden shoe after the team won the La Liga Santander for the 2017-2018 season. He scored 34 goals this season and is the only player to have won the award 5 times.
  In related news - Real Madrid legend and Portugal Captain Cristiano Ronaldo has been named as the most popular athlete in the ESPN World Fame 100 list.
  LeBron James and Lionel Messi came in 2nd and 3rd respectively.
  Virat Kohli, Sania Mirza and Saina Nehwal also made it to the list.

 

• Arunachal Pradesh Sees First Ever Commercial Flight:
  With a 42-seater aircraft carrying CM Pema Khandu landing in Arunachal, the state witnessed a historic moment, since this was AP's first commercial flight.

 

• New York Stock Exchange To Have Its First Female Leader in 226 years:
  Former-CEO Stacy Cunningham is the first female president of the NYSE. She will replace Tom Farley as the head of NYSE.

 

• Malaysia Gets Its First Sikh Minister:
  Mr Gobind Singh Deo is the first Sikh minister in the Malaysian Cabinet. He will handle the Communications and Media portfolio of Malaysia.

 

• India Ranks 145th In Healthcare Access - Lancet Study:
  The sub-continent ranks 145th amongst 195 nations in terms of accessibility and quality of healthcare and ranks behind neighbours Sri Lanka, China, Bangladesh and Bhutan.

 

• H.D. Kumaraswamy Sworn In As CM Of Karnataka:
  CM Kumaraswamy is the 24th CM of Karnataka and is a JD(S) leader. This will be his second term as Karnataka CM.

 

• North Korea Dismantles Nuclear Test Site:
  The Kim Jong-un government has carried out the demolition of the Punggye-ri nuclear test site in a series of explosions. The nation permitted a group of journalists from Britain, China, Russia and South Korea and US to witness the destruction.

 

• Mumbai To Get UAV Surveillance:
  The Mumbai police will use Unmanned Aerial Vehicles for surveillance and install panic buttons across the city.
  This is a part of the Rs. 250 Crore Safe City Project, which will be fully implemented by 2021. The above-mentioned UAV will be utilized for the safety of women.

 

• PM Modi To Visit Indonesia:
  The Prime Minister will visit Indonesia from May 29th-31st to work towards building a strong strategic partnership between the two nations. The meeting will focus on the field of space, security and defence.

 

• World Environment Day To Be Hosted By India On 5th June:
  This year's theme is, "Beat Plastic Pollution: If You Can't Reuse It, Refuse It"

 

• Saad Hariri Wins New Term As Prime Minister Of Lebanon:
  This will be PM Hariri's 3rd term as PM of Lebanon.

 

• PM Modi To Inaugurate India's 1st 14-Lane Highway:
  PM Modi will inaugurate the 1st phase of the Delhi-Meerut Expressway, which will do away with 31 traffic signals. The entire project will be completed by March 2019.

 

• Colombia Joins NATO:
  The nation will be the first Latin-American nation to join the North Atlantic Treaty Organization as a global partner.

 

• Real Madrid Win The 2017-2018 Champions League:
  The team won 3-1 over Premier League team, Liverpool. After mistakes from goalkeeper Loris Karius and a brace by Welshman Gareth Bale, the team won against the team coached by Jurgen Klopp.

 

• Ireland Overturns Abortion Ban:
  The European nation has voted to overturn the abortion ban. 66.4% of the votes were against the ban. Currently, abortions are banned in the case of rape, incest or fatal foetal abnormality.

Which news item did you find the most interesting?

Let me know in the comments below!

If you have any questions regarding current affairs or MBA prep, ask them here on the InsideIIM Community Section!