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DID You Know?: 🔍 Why was I.M.E.C corridor initiated ? 🔍 Significance of  I.M.E.C 🔍  🔍  1. Why was I.M.E.C corridor initiated ? The economic powerhouses of India and Europe faced a significant geographical challenge with the ancient trade route passing through disputed territories, vulnerable to blockades by adversaries during times of political crisis. This necessitated the exploration of an alternative route in collaboration with their economic allies to circumvent potential disruptions. This route was I.M.E.C Many countries supported this initiative due to the shorter distance of the new route compared to the traditional one, as well as its strategic response to China's Belt and Road initiatives. But, the one who initiated was neither India nor any Middle East Nation nor any European Nation, it was U.S.A. though, U.S.A. was not geographically involved It was to improve India US economic ties 2. Significance of I.M.E.C I.M.E.C(India Middle East Europe Economic Corridor) the gr

 Did You Know:- 🔍 What is COP28❓ 🔍 How frequently COP28 works and its Background ❓ 🔍 Significance of UAE's Hostings in COP28 1. What is COP28? COP28 is the meeting of 2023 United Nations Climate Change Conference or Conference of Parties of UNFCCC (United Nations Framework Convention on Climate Change) or 28th conference of UNFCCC held at the Dubai, UAE an Influential country of the Middle East province. It works on reduction of greenhouse gas number of consumers and production to reduce the green house effect. Climate Change and Climate Change are economical, political, and social issues. The main issues of COP28 are reduction of greenhouse gas consumers and production to reduce the green house effect and Climate change an economic, political, environmental issues. However, it has been recently criticized for its lack of ambition and effectiveness despite being a group of  nations. Hence, it has been amended several times like, in 2015 the Paris Agreement which aimed at limitin

  Did You Know?:- ✔ What is I2U2 ❓ ✔ Why did I2U2 form ❓ ✔ What are the interest of each and every country ❓  ✔ What are current projects of I2U2 ❓ 1. What is I2U2?  I2U2 is the Diplomatic Group of India, Israel, U.S.A. and U.A.E.which mainly works on humanitarian projects, make the world more Bilateral in terms of economic prosperity and Political welfare. It was formed in 2022 with participation of UAE president, Mohammed bin Zayed Al Nahyan, Israeli PM, Yair Lapid, Indian PM, Narendra Modi, American President Joe Biden. 2. Why did I2U2 form? I2U2, known as the Western QUAD or the International Forum for Economic cooperation or the Middle East QUAD, is a multilateral forum for international cooperation in the Middle East. Its four members Nations, UAE, USA, Israel and India, met for the first time under a new framework On October 2021which focused on Humanitarian development and was called as the Middle East QUAD or International forum for economic cooperation. The Diplomatic importa

Did you know:- 🎯 Why was quad initiated? 🎯 Why and When was Q.U.A.D formed? 🎯 What are the interests of the Quad members? 🎯 What are the Aims of Quad? 1. What is Q.U.A.D initiated?  The Quadrilateral Union Security Dialogue popularly called Q.U.A.D is a Union of India, Japan, the United States of America, and Australia though it is a loose group(a member country may leave the union due to some diplomatic reasons) rather than a formal alliance but, its goal is still quite broad. It works to stabilize peace in the Indo-Pacific Region from both military and Political dominance in the Indo-Pacific by any country. 2. Why and When was Q.U.A.D formed? Shinzo Abe, the Japanese Prime Minister, started it in 2007 with the help of Australia's Prime Minister John Howard. It had been in Japan's favor too because it was in response to China's military exercises in the Malabar the in Indo-Pacific which had affected Japan, India, Australia, and the United States since it was the route

 Did you know:- 🙏 Why and when was BRICS established? 🙏 Current Goals of BRICS 🙏 Impact of B.R.I.C.K.S on the world 🙏 Why do most of the countries  want to join B.R.I.C.K.S 1. Why and when was BRICS ESTABLISHED? BRIC is an acronym or abbreviation for the major emerging economies (Brazil, Russia, India, China). This abbreviation was coined in 2001 by Goldman Sachs economist Jim O'Neill and was formalized by a meeting in Petersburg, Russia on the Margins of UNGA by outstretching the G8 in the year. 2006. The First summit of BRIC was held in 2009 in Yekaterinburg, Russia and the very next year South Africa joined BRIC. After which the association was renamed as BRICS(Russia, India, China, Brazil, South Africa) which aimed for higher Political and Economic stability by either rivaling its source economically or by resolving it by co-operation. 2. Current Goals of B.R.I.C .S The BRICS countries support a system of global governance that is more effective and maximizes the world'

Did you know:- 🌐What is G20? 🌐G20 meetings in India 🌐How and when did it start? 🌐whats the " Official language of G20 " 1. What is G20? G20 is a group of 20 significant nations with powerful economies that work to implement the SDGs(Sustainability goals) through discussions of Foreign ministers, Prime ministers, Defence ministers, and other heads of a country. Which includes:- 🌍France 🌍Italy 🌍Germany 🌍India 🌍U.S.A 🌍U.K 🌍Russia 🌍Japan 🌍Indonesia 🌍Australia 🌍South Africa 🌍Spain 🌍Saudi Arabia 🌍Spain 🌍European Union 🌍South Korea 🌍Brazil Established in 1999, it brings together the world's major economies, representing around 80% of the global GDP and two-thirds of the world's population. The G20 was formed to address the world's economic and financial challenges, and its official language is English. India has hosted G20 meetings in the past, and the group has significantly impacted the global economy, addressing issues such as financial stability

CAPITALISM Topics to be covered:- 🎯Introduction 🎯The Evolution of Capitalism 🎯The Dark Side Of Capitalism 🎯 Capitalism's Core Aspects 🎯The Green Capitalism 🎯Global Capitalism 🎯Conclusion 1. Introduction Capitalism, an economic system driven by private ownership and free markets, has been the cause of  Economic Sucess in many countries for centuries. Yet, in the 21st century, it faces both newfound challenges and evolving opportunities. Capitalism is an economic system where private individuals or businesses own and operate the means of production and distribution of goods and services. In this system, decisions about investment, production, and distribution are driven by market forces such as supply and demand. Prices are determined through competitive markets rather than being set by a central authority. Profit motives guide the allocation of resources and the development of new products and technologies. Individuals and businesses are free to pursue their own economic inte