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Decision to draw up a list of banned terrorist organizations in SCO member states - joint resolution at the Shanghai Conference

  • The Shanghai Cooperation Organization (SCO) Summit was held in Samarkand, Uzbekistan, comprising 8 countries namely India, China, Russia, Pakistan, Kazakhstan, Tajikistan, Kyrgyzstan and Uzbekistan.
  • Leaders including Prime Minister Modi, Russian President Putin, Chinese President Xi Jinping participated in this. Following the conclusion of the 2-day conference, the joint resolution of the conference signed by the leaders of the 8 countries was released yesterday. It states:
  • Leaders of SCO member states, including Prime Minister Modi, have expressed deep concern over the security threat. Strongly condemned terrorism, separatism and extremism in all its forms and manifestations.
  • While reaffirming their strong commitment to combating extremism and separatism, Member States have resolved to continue to take serious measures to prevent an enabling environment for the spread of terrorism, cut off channels of financing for terrorism, and combat recruitment to terrorist organizations and cross-border terrorism.
  • For this, it has been decided to develop common principles and approaches for creating a consolidated list of banned extremist and separatist organizations in SCO member states, based on consensus, according to national law.
After 70 years of extinction, Chivingi tigers are back in India 
  • In 1952, the Union Government officially announced that the chivingi tigers that used to live in India were completely extinct.
  • In this case, it was planned in 2009 to bring 3 male and 5 female Chivingi tigers from the African country of Namibia to India. Accordingly, 8 chivingi tigers were brought to Gwalior, Madhya Pradesh by Boeing 747 special cargo plane.
  • From there, they were brought to Kuno Zoo in Siopur by 2 helicopters. Prime Minister Modi released them from the cage on his birthday.
  • Prime Minister Modi enjoyed photographing the chivalrous tigers who set foot in India after 70 years. A radio collar is attached to their neck. Through this, their movement will be continuously monitored.
Global Recession May Form in 2023 - World Bank Warns
  • The World Bank issued this warning as the US Federal Bank and the Bank of England in Britain are expected to raise interest rates next week.
  • Central banks in many countries around the world continue to raise interest rates. The last 50 years have not seen such a unique event to curb inflation.
  • When central banks raise interest rates on loans, it becomes more difficult to get credit from banks, which can cause prices to fall. But people find it harder to get credit or less credit. As a result, economic growth will begin to decline.
  • Global economic growth has been at its lowest since the late 1970s. According to studies, economic growth has started to slow down in the world's 3 largest economies, the US, China and Europe.
  • In this context, we predict that the global economy may experience a recession next year. Therefore, central banks around the world should coordinate their activities, exchange information with each other and take clear decisions. Through this, it is necessary to prevent the economy from moving towards depression," he said.
  • Inflation in the United States is at a 40-year high. To control this, the Federal Reserve Bank has raised interest rates twice, yet prices and inflation have not abated. Thus, it seems that the Federal Reserve Bank will raise interest rates next week.
  • If interest rates continue to rise, the growth rate of the economy will be pulled back, leading to recession. Economic growth then takes a long time to recover.

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