By: D.K Chaudhary
1. Walmart Buys Flipkart in World’s Largest e-Commerce Deal
i. US-based retail giant Walmart has confirmed that it will buy 77% stake in India’s largest e-commerce startup Flipkart for $16 billion.
ii. The acquisition, which is the largest e-commerce deal in the world, will value the homegrown startup at a reported amount of $20.8 billion.
2. Forbes Most Powerful People In The World: PM Modi 9th, Xi Jinping Tops
i. Prime Minister Narendra Modi has been ranked ninth on Forbes’ 2018 list of ‘the world’s most powerful people’. Chinese President Xi Jinping ranked first, followed by Russian President Vladimir Putin and US President Donald Trump at the second and third rank, respectively.
ii. The only other Indian to feature on the list is Reliance Industries Chairman Mukesh Ambani at 32. The PM Modi ranks ahead of Facebook CEO Mark Zuckerberg (who is at 13th spot).
ii. The only other Indian to feature on the list is Reliance Industries Chairman Mukesh Ambani at 32. The PM Modi ranks ahead of Facebook CEO Mark Zuckerberg (who is at 13th spot).
- Forbes- American Business Magazine, Founded in- 1917.
- Headquarters- New York City, USA.
3. NASA, Uber Team Up to Make Flying Cars a Reality
i. The National Aeronautics and Space Administration (NASA) signed a space act agreement with Uber Technologies to explore concepts and technologies related to Urban Air Mobility (UAM) for future air transportation such as flying cars in populated areas.
ii. Under the agreement, Uber will share its plans with NASA for implementing the urban aviation rideshare network.
ii. Under the agreement, Uber will share its plans with NASA for implementing the urban aviation rideshare network.
- Urban Air Mobility is a safe and efficient system for air vehicles, piloted or not, to move passengers and cargo within a city.
- Jim Bridenstine has become the 13th administrator of the National Aeronautics and Space Administration (NASA).
- NASA founded on 29th July 1958, Headquarters in- Washington, D.C., USA.
4. September 2019 Climate Summit to be Held in New York: UN Chief
i. UN Secretary-General Antonio Guterres announced to hold a climate summit in September 2019 in New York to review the commitments of the 2015 Paris Agreement on Climate Change.
ii. In March 2018, Guterres appointed former New York Mayor Michael Bloomberg as his Special Envoy for Climate Action who was tasked to support the United Nations (UN) in its climate strategy and in organising the 2019 summit.
ii. In March 2018, Guterres appointed former New York Mayor Michael Bloomberg as his Special Envoy for Climate Action who was tasked to support the United Nations (UN) in its climate strategy and in organising the 2019 summit.
5. The USA Withdraws From Iran Nuclear Deal
i. President Donald Trump announced US withdrawal from the 2015 landmark nuclear deal with Iran. Mr Trump signed a fresh set of sanctions against Iran and warned countries against any cooperation with Tehran on its controversial nuclear weapons programme.
ii. The historic nuclear deal was reached in Vienna in July 2015 between Iran and the P5 (the five permanent members of the UN Security Council) along with Germany and the European Union.
ii. The historic nuclear deal was reached in Vienna in July 2015 between Iran and the P5 (the five permanent members of the UN Security Council) along with Germany and the European Union.
- The five permanent members of the UN Security Council are China, France, Russia, United Kingdom, and the United States of America.
