1.UN Secretary-General, Antonio Guterres has announced that a climate summit to review the Paris Agreement commitments will take place in September 2019 in New York.In March 2018, Guterres appointed former New York Mayor Michael Bloomberg as his Special Envoy for Climate Action who was tasked to support UN in its climate strategy.In 2017, US withdrew itself from the Paris Agreement.
2.PM Modi has been ranked 9th among the top 10 most powerful people in the world by Forbes.The list is topped for the first time ever by the Chinese President Xi Jinping, who dethroned Russian President Vladimir Putin as the most influential person on the planet.Forbes said that Modi has emerged as a key figure in the international effort to tackle climate change.
3.The 15th Finance Commission has constituted an advisory council to advise and assist the commission. The six-member council will be headed by the President of Forum for Strategic Initiatives, Arvind Virmani.The role and functions of the council will be to advise the commission on any issue or subject related to the Terms of Reference (ToR) of the Commission.
4.International Monetary Fund has reaffirmed that India will be the fastest-growing major economy in 2018, with a growth rate of 7.4% that would further rise to 7.8% in 2019.IMF’s Asia & Pacific Regional Economic Outlook said that India was recovering from the effects of demonetisation and GST.After India, Bangladesh is projected to be the fastest-growing economy in South Asia.
5.China has successfully launched a hyperspectral imaging satellite for comprehensive observation of the atmosphere, including air pollution which is one of the country’s major problems.The Gaofen-5 satellite was launched off the back of a Long March 4C rocket from the Taiyuan Satellite Launch Center in northern Shanxi Province. It was the 274th flight mission by a Long March carrier rocket.
6.World Red Cross and Red Crescent Day is an annual celebration of the principles of the International Red Cross and Red Crescent Movement.World Red Cross Red Crescent Day is celebrated on 8 May each year. This date is the anniversary of the birth of Henry Dunant, who was born 8 May 1828.He is the founder of International Committee of the Red Cross (ICRC) and the recipient of the first Nobel Peace Prize.
7.Journalist Carlos Alvarado has been sworn in as 48th President of Costa Rica. At 39, Alvarado is the country’s youngest president in modern history.
8.The 15th Asia Media Summit (AMS) 2018 is being hosted by the Ministry of Information and Broadcasting, Government of India, jointly with the Indian Institute of Mass Communication (IIMC), New Delhi and Broadcast Engineering Consultants India Limited (BECIL), from 10th -12th May, 2018 in New Delhi.
9.Russian President Vladimir Putin signed a decree to appoint Dmitry Medvedev as head of the government following a parliamentary approval.Earlier in the day, out of 430 deputies present at the State Duma, Russia's lower house of the parliament, 374 voted for Medvedev's post as prime minister and 56 voted against it.
10.Armenia's parliament has elected opposition leader Nikol Pashinyan as the new prime minister.The move comes two weeks after Serzh Sargsyan resigned following widespread anti-government demonstrations.
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