India-US sign COMCASA: What is it and how does it help Indian defence? (Relevant for GS Prelims, GS Mains paper II; IOBR)

At the 2+2 meet, India and the United States signed the COMCASA, Defence Minister Nirmala Sitharaman, Foreign Affairs Miinster Sushma Swaraj, US Secretary of State Michael Pompeo and Defence Secretary James Mattis were present at the time of signing. Michael Pompeo termed the ‘Communications, Compatibility, Security Agreement (COMCASA)’ agreement a “milestone” in the relationship and

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Understanding the economic turmoil in Argentina (Relevant for GS Prelims, GS Mains Paper II; IOBR)

What is happening with Argentina’s economy? Argentina’s currency, the peso, has lost approximately 50% of its value this year and 25% in August alone, falling to new lows on Monday as confidence in the currency continued to drop. Earlier this week, President Mauricio Macri asked the International Monetary Fund (IMF) to accelerate the disbursement of

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Stay with RCEP: India (Relevant for GS Prelims, GS Mains Paper II; IOBR)

Negotiations on RCEP towards end Negotiations on the Regional Comprehensive Economic Partnership, among 16 Asian and Pacific Ocean countries, have entered a decisive phase. Most potential member-countries of the grouping, that comprises the 10 ASEAN members and their Free Trade Agreement partners, Australia, China, India, Japan, New Zealand and Republic of Korea, would like to

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Why the EU is upset with Google, what its $5 billion penalty really means (Relevant for GS Prelims, GS Mains Paper III; IOBR)

The European Commission’s €4.3-billion (around $5 billion) penalty on Google last week may not financially hurt the technology company that is sitting on over $100 billion in cash reserves, but it could bring about changes in the way the Androidecosystem functions, and create a precedent for other antitrust cases against Google. Three-pronged problem EU antitrust

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Helsinki summit: what did Trump and Putin agree? (Relevant for GS Prelims, GS Mains Paper II; IOBR)

No communique was issued following the Trump-Putin summit in Helsinki, underlining the off-the-cuff informal diplomacy in which Donald Trump specialises. The absence of an agreed statement leaves secret the status and extent of any practical agreements reached either between the US president and his Russian counterpart or in the later wider meeting between officials. But

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