3rd June 2020 Current Affairs

Top Current Affairs 3rd June 2020 + PIB Summary

These are the 3rd June 2020 current affairs. These current affairs are prepared from relevant sources like The Hindu, Indian Express, PIB, BusinessLine.

Top Current Affairs 3rd June 2020 + PIB Summary

3rd June 2020 Current Affairs
3rd June 2020 Current Affairs

Keeping in mind the need of UPSC IAS Exam, 3rd June 2020 CURRENT AFFAIRS + PIB SUMMARY compilation has been prepared. Each and every topic which has been included in this compilation is taken from very authentic and relevant source. These “3rd June 2020 CURRENT AFFAIRS + PIB SUMMARY” includes topics form  The HinduThe Indian ExpressBusiness StandardPress Information Bureau, etc.

As per the evolving pattern of the UPSC IAS prelims and mains exam each and every topic in 3rd June 2020 CURRENT AFFAIRS + PIB SUMMARY compilation has been handpicked for you.



DAILY CURRENT AFFAIRS: 2nd JUNE 2020: THE HINDU + PIB

DAILY CURRENT AFFAIRS QUIZ: 2nd JUNE 2020: THE HINDU + PIB



PM CARES and RTI Act 2005

Top Current Affairs 3rd June 2020

Source | The Hindu


GS Paper II: Government policies and interventions for development in various sectors and issues arising out of their design and implementation.



pm cares & rti 2005

Key Takeaways

  • The response of Prime Minister’s Office (PMO) came in the backdrop of the Right to Information (RTI) query filed to know the Fund’s trust deed and all government orders, notifications and circulars relating to its creation and operation.
  • As a response, PMO has stated that the PM-CARES Fund is not a Public Authority under the ambit of Section 2(h) of the RTI Act, 2005.

Read More: PM SVANidhi : Special Micro-Credit Facility Scheme


Context: It has been recently clarified by the Prime Minister’s Office (PMO) that the Prime Minister’s Citizen Assistance and Relief in Emergency Situations Fund (PM-CARES Fund) is not a public authority under the ambit of the Right To Act (RTI), 2005.

What has been the issue related to PM CARES and RTI Act 2005?

The Central Information Commission (CIC) has directed PMNRF to disclose information as a result of the Delhi High Court’s split opinion on the question of whether PMNRF is a public authority under the Act.

This split opinion signifies that some Justices from the Delhi High Court Bench held PMNRF as a public authority, whereas some Justices held that PMNRF is not a public authority.

There is ambiguity regarding whether the PMNRF (Prime Minister’s National Relief Fund) is subject to the RTI Act.

  • The response of Prime Minister’s Office (PMO) came in the backdrop of the Right to Information (RTI) query filed to know the Fund’s trust deed and all government orders, notifications and circulars relating to its creation and operation.
  • As a response, PMO has stated that the PM-CARES Fund is not a Public Authority under the ambit of Section 2(h) of the RTI Act, 2005. However, relevant information in respect of PM-CARES Fund may be seen on the website pmcares.gov.in.

Previously, the Comptroller and Auditor General’s (CAG) office had clarified that it wouldn’t audit the PM-CARES Fund for it being ‘a charitable organisation’ and based on donations from individuals and organisations.

  • Just like PM CARES, the PMNRF too is not audited by CAG but it is audited by an independent auditor outside of the government.

Read More: National Career Service Project



What you need to know about the Section 2(h) of the RTI Act, 2005?

Section 2(h) of the RTI Act 2005 puts forward a definition of the “Public Authority”. Under section 2(h) of the RTI Act “Public authority” means any authority or body or institution of self government established or constituted—

  • by or under the Constitution;
  • by any other law made by Parliament/State Legislature.
  • by notification issued or order made by the appropriate Government, and includes any:
    • body owned, controlled or substantially financed;
    • non-Government organisation substantially financed, directly or indirectly by funds provided by the appropriate Government.

Previously in 2019, the Supreme Court ruled that the office of the Chief Justice of India (CJI) is a public authority under the Right to Information (RTI) Act, 2005.


Read More: Modified PM Vaya Vandana Yojana



Social Stock Exchanges : SEBI’s new Directions

Top Current Affairs 3rd June 2020

Source | The Hindu


GS Paper III: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.



Social Stock Exchange

Key Takeaways

  • The idea of the Social Stock Exchange (SSE) as a platform for listing social enterprise, voluntary and welfare organisations so that they can raise capital was mooted in the Union Budget 2019-20.
  • It works under the market regulator Securities and Exchange Board of India (SEBI).

Read More: Special Liquidity Scheme for NBFCs, HFCs and MFIs


Context: Non-profit organizations has been allowed by an expert panel constituted by the Securities and Exchange Board of India (SEBI) to directly list on the Social Stock Exchange (SSE).

What are the major recommendations of the SEBI regarding the Non-Profit Organizations?

  • Issuance of Bonds: Allowing non-profit organisations to directly list through issuance of bonds in the form of zero coupon or zero principal bonds.
    • Zero-coupon bond is a debt security that does not pay interest but instead trades at a deep discount, drawing a profit at maturity, when the bond is redeemed for its full face value.
    • This would help to access funds from donors, philanthropic foundations and Corporate Social Responsibility (CSR) spenders as they will be encouraged to buy zero coupon bonds.
  • Social Venture Funds (SVFs): It recommends a range of funding avenues, such as Social Venture Funds (SVFs) under Alternative Investment Funds (AIFs).
    • Social Venture Funds (SVFs) are funds investing in early-stage social enterprises to expand opportunity for people living in poverty.
  • Enhanced Reporting Standards: Profit social enterprises be allowed to list on the platform with enhanced reporting requirements.
    • The social stock exchange can be housed within the existing national bourses like the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE).

Read More: Pradhan Mantri Matsya Sampada Yojana (PMMSY)



What is the significance of such a move by SEBI?

  • This move will help the Social Stock Exchanges (SSEs) to leverage existing infrastructure and client relationships with onboard investors, donors, and social enterprises. Certain tax incentives allowed under the recommendation would encourage participation in the culture of ‘giving’ among various stakeholders.
  • It would encourage banks and other investors to participate with non profit organisations and thereby making social and economic growth more inclusive.

What you need to know about Social Stock Exchanges (SSEs)?

  • The idea of the Social Stock Exchange (SSE) as a platform for listing social enterprise, voluntary and welfare organisations so that they can raise capital was mooted in the Union Budget 2019-20.
  • Social enterprise can be defined as a non-loss; non-dividend paying company created and designed to address a social problem.
  • It works under the market regulator Securities and Exchange Board of India (SEBI).
  • AIM: The aim of the initiative is to help social and voluntary organisations which work for social causes to raise capital as equity or debt or a unit of mutual fund.
  • It provides new and cheaper sources of financing for social welfare projects, while showcasing India’s independence from foreign aid .
  • SSE already exists in countries such as Singapore, UK, Canada among others. These countries allow firms operating in sectors such as health, environment and transportation to raise risk capital.

Read More: COVID-19 Economic Stimulus Package | Fifth Portion



Fall in Indian Investment Rating

Top Current Affairs 3rd June 2020

Source | Indian Express


GS Paper III: Indian Economy and issues relating to planning, mobilization of resources, growth, development and employment.



Fall in Indian Investment Rating

Key Takeaways

  • The reason cited by the Moody’s Investors Service ratings agency was the slow reform momentum, constrained policy effectiveness and slower growth compared to India’s potential among the reasons for the downgrade.
  • The Baa3 grade by Moody’s is the lowest investment grade in Moody’s rating ladder.

Read More: Foreign Direct Investment (FDI) growth in India


Context: Recently, there has been a fall in the Indian Sovereign Ratings from Baa2 to Baa3 by ratings agency Moody’s Investors Service.

Why there has been a Fall in Indian Investment Rating?

  • The reason cited by the Moody’s Investors Service ratings agency was the slow reform momentum, constrained policy effectiveness and slower growth compared to India’s potential among the reasons for the downgrade.
  • The agency also noted that the Covid-19 pandemic has only amplified the vulnerabilities in India’s credit profile that were present and building prior to the shock.
  • It is to be noted that the rating has been downgraded in the context of the coronavirus pandemic, it was not driven by the impact of the pandemic.

Key Details

According to Moody’s Investor Service, India’s real GDP growth rate will contract by 4% in 2020-21 due to the shock from the coronavirus pandemic and related lockdown measure. It expects the economy to grow 8.7% next financial year and closer to 6% in the subsequent year.

  • India’s GDP growth slipped to an 11-year low of 4.2% in 2019-20.
  • The fiscal deficit also expanded to 4.6% of the GDP as against the revised estimate of 3.8% of GDP in the previous financial year.

The Baa3 grade by Moody’s is the lowest investment grade in Moody’s rating ladder which simply indicates that India is just one notch above the non-investment grade or junk grade.



Also Read: Financial Stability and Development Council (FSDC)


Apart from above a number of other economic issues also comes to play. These includes:

  • Credit Crunch: The rating agency did not expect the credit crunch in the country’s under-capitalised financial sector to be resolved quickly.
  • High Debt Burden: The fiscal constraints point to a higher debt burden for a longer period of time. The lower GDP growth over the medium term will diminish the government’s ability to reduce its debt burden after a significant rise due to the coronavirus economic shock.
  • Lower Tax Revenue: India’s large low-income population will limit the government’s tax revenue base.

The agency also noted that the government response to the growth slowdown prior to the coronavirus outbreak as well as the recent support package for vulnerable households and small businesses is not enough to restore the sustainable GDP growth.



Read More: Asian Development Bank $177 mn Loan to India


What you need to know about Credit Ratings?

A rating agency is a company that assesses the financial strength of companies and government entities, especially their ability to meet principal and interest payments on their debts.

Basically, a credit rating assesses the creditworthiness of a borrower in general terms or with respect to a particular debt or financial obligation. A credit rating can be assigned to any entity that seeks to borrow money i.e., an individual, corporation, state or provincial authority, or sovereign government.

  • Sovereign credit ratings can give investors insights into the level of risk associated with investing in the debt of a particular country, including any political risk.
  • Sovereign credit ratings are used by investors as a way to assess the riskiness of a particular country’s bonds.
  • It is very essential to obtain good sovereign credit rating for developing countries as it is essential to access funding in international bond markets.
  • The Big Three Credit Rating Agencies: Fitch Ratings, Moody’s Investors Service and Standard & Poor’s (S&P) are the big three international credit rating agencies controlling approximately 95% of global ratings business.
  • In India, there are six credit rating agencies registered under Securities and Exchange Board of India (SEBI). These are:
    1. CRISIL
    2. ICRA Limited
    3. CARE
    4. SMERA
    5. Fitch India
    6. Brickwork Ratings

Read More: 9 Latest RBI Measures to Strengthen Economy in 2020



Ongoing Events in USA : The Antifa

Top Current Affairs 3rd June 2020

Source | The Hindu


GS Paper II: India and its neighborhood- relations.



Ongoing Events in USA - The Antifa; Top Current Affairs 3rd June 2020

Key Takeaways

  • A ‘law and order’ situation is being experienced by the United States, due to the violent nationwide protests triggered by anger over racial inequities and excessive use of police force.
  • The word “Antifa” was first used in 1946, which stands for “Anti-fascism”. The name comes from early 1930s Germany, where socialist “anti-fa” groups attempted to stand up to the rise of Adolf Hitler’s Nazis.

Read More: Upgradation of Group of Seven (G7) Club


Context: A ‘law and order’ situation is being experienced by the United States, due to the violent nationwide protests triggered by anger over racial inequities and excessive use of police force.

What is the issue about the ongoing events in USA?

When noted from the ongoing events in USA, the unrest began with peaceful protests over the death of a George Floyd, an African-American man, in police custody in Minneapolis city of USA.

  • Subsequently, many cities across the USA remain under curfews at a level not seen since riots following the 1968 assassination of civil rights activist Martin Luther King Jr.

What is US President’s Stand on this ongoing unrest?

The USA President has blamed an organisation namely, Antifa for the violent protest that erupted in the country. The Antifa movement gained more visibility in 2017 after a series of events that put a spotlight on anti-fascist protesters.

It has been also argued that the USA will be designating Antifa as a terrorist organization in the future. Although, the USA has no statute that permits designating violent domestic groups terrorists, as it has for international groups like Islamic State or Al-Qaeda.



Read More: Line of Actual Control (LAC) | India-China Dispute


What you need to know about Antifa?

The word “Antifa” was first used in 1946, which stands for “Anti-fascism”. The name comes from early 1930s Germany, where socialist “anti-fa” groups attempted to stand up to the rise of Adolf Hitler’s Nazis.

  • Antifa was started in the Rose City Antifa of Portland, Oregon (USA) in 2007 to shut down a neo-Nazi skinhead music festival called Hammerfest.

Principles of Antifa

The organisation covers a range of social justice issues. It believes in a world free of fascism, racism, sexism, homo/transphobia, and islamophobia.

It also focusses on countering the resurgence of neo-nazi and white supremacist groups. It is also only one activist movement that has come together in the past few years to oppose the far right.

MEMBERS: Antifa is more of a movement of activists whose followers share a philosophy and tactics. The movement is secretive and has no official leaders. It is organised into autonomous local cells.

UNIQUE WAY OF PROTEST: Antifa members typically dress in black and often wear a mask at their demonstrations, and follow far-left ideologies such as anti-capitalism. What makes them stand out is the violence, although the group also participates in non-violent protests.

  • It criticises mainstream liberal politicians for not doing enough.
  • Antifa members have often physically confronted their conservative opponents.
  • Apart from public counter-protests, Antifa members run websites that track white extremist and ultra-right groups.

Read More: India-Nepal Border Dispute | Explained



What you need to know about Fascism and its origin?

  • The term ‘fascism’ has an Italian origin. It was first used for the movement which started in Italy under the leadership of Benito Mussolini. It came to prominence in early 20th-century Europe.
  • The first fascist movements emerged in Italy during World War I, before spreading to other European countries.
  • Several other countries also have experienced fascist regimes or elements of them which include Adolf Hitler in Germany, Francisco Franco in Spain and Juan Perón in Argentina, etc.

Ideology of Fascism

Fascism is basically a form of authoritarian ideology which promotes ultranationalism. Opposed to Liberalism, Marxism, and Anarchism, Fascism is placed on the far-right within the traditional left–right spectrum.

  • It is usually characterized by dictatorial power, forcible suppression of opposition, as well as strong regimentation of society and of the economy.

Read More: China Opposed Taiwan on WHO Participation



SPIC MACAY International Convention

Top Current Affairs 3rd June 2020

Source | Press Information Bureau


GS Paper I: Art and Culture



spic macay international convention; Top Current Affairs 3rd June 2020

Key Takeaways

  • SPIC MACAY (Society for the Promotion of Indian Classical Music And Culture Amongst Youth) is a non-political, nationwide, voluntary movement.
  • It was founded in 1977 by Dr Kiran Seth who was awarded the Padma Shri for his contribution to the arts in 2009.

Read More: Shiv Linga unearthed by Archaeological Survey of India


Context: Prime Minister of India, Shri Narendra Modi recently addressed the SPIC MACAY’s International Convention via video conference.

  • New elements in the SPIC MACAY convention this year like nature walk, heritage walk, literature and holistic food along with Yoga and Naad Yoga were appreciated by the PM Modi.
  • Further, PM Modi stated that music is strengthening the ideal of ‘Ek Bharat Shreshtha Bharat’.

What you need to know about this SPIC MACAY International Convention?

  • SPIC MACAY (Society for the Promotion of Indian Classical Music And Culture Amongst Youth) is a non-political, nationwide, voluntary movement.
  • It was founded in 1977 by Dr Kiran Seth who was awarded the Padma Shri for his contribution to the arts in 2009.
  • SPIC MACAY is basically a participatory student movement registered under the Societies Registration Act, 1860.
  • The movement was awarded the Rajiv Gandhi Sadbhavana award in 2011 in recognition of its contribution to youth development.
  • The major intention of this movement is to enrich the quality of formal education by increasing awareness about different aspects of Indian heritage and inspiring the young mind to imbibe the values embedded in it.
  • The SPIC MACAY movement is supported nationally by the Ministry of Culture, Ministry of Youth Affairs and Sports, and the Ministry of Human Resource Development.
  • The Movement has been organising national and international conventions for the last 35 years.
    • Anubhav, a week-long online project, seeks to help youngsters indulge in mystical and diverse aspects of Indian art, culture and heritage.
    • It is expected to reduce the stress triggered by Covid-19.
  • The movement has a central executive body in New Delhi and organises its programmes through a worldwide network of schools, colleges and educational institutions.

Read More: 21st Dekho Apna Desh Webinar Series | Key Highlights



Ultra Swachh developed by DRDO

Top Current Affairs 3rd June 2020

Source | Press Information Bureau


GS Paper III: Science and Technology – developments and their applications and effects in everyday life Achievements of Indians in science & technology; indigenization of technology and developing new technology.



ULTRA SWACHH DEVELOPED BY DRDO; Top Current Affairs 3rd June 2020

Key Takeaways

  • A disinfection unit named Ultra Swachh has been developed by DRDO to disinfect a wide range of materials, including Personal Protective Equipment (PPEs), electronics items, fabrics, etc.
  • The Ultra Swachh comes in two variants namely
    • Ozonated Space
    • Trinetra Technology (Combination of Ozonated space and radical dispenser)

Read More: NATIONAL AI PORTAL OF INDIA


Context: A disinfection unit named Ultra Swachh has been developed by DRDO to disinfect a wide range of materials, including Personal Protective Equipment (PPEs), electronics items, fabrics, etc.

  • Institute of Nuclear Medicine & Allied Sciences (INMAS), the Delhi based laboratory of DRDO has developed this product with industry partner M/s Gel Craft Healthcare Private Ltd, Ghaziabad.

Salient Features of Ultra Swachh disinfection unit

  • The system uses an advanced oxidative process known as Ozonation (It is a type of advanced oxidation process which involves the production of very reactive oxygen species which are able to attack a wide range of organic compounds and all microorganisms.)
    • Also to be kept in mind is that the ozone is more effective than chlorine in destroying viruses and bacteria.
  • The system is basically double layered with specialised Ozone sealant technology which assured trapping of ozone for the necessary disinfection cycle.
  • It also has a catalytic converter (catalytic converter is a device used in exhaust systems to reduce emissions) to ensure environment friendly exhaust i.e only oxygen and water.
  • The Ultra Swachh comes in two variants namely
    1. Ozonated Space
    2. Trinetra Technology (Combination of Ozonated space and radical dispenser)
  • The system operates on 15 Ampere, 220 Volts, 50 Hertz power supply.
  • The system has been provided with various safety features such as emergency shutdown, door interlocks, dual door, delay cycle, and leak monitors, etc to ensure safe operations for longer duration.


Read More: Most Heat Resistant Material ever created


Ebola Epidemic declared by Congo

Top Current Affairs 3rd June 2020

Source | The Hindu


GS Paper II: Issues relating to development and management of Social Sector or Services relating to Health, Education, Human Resources.



EBOLA epidemic in congo; Top Current Affairs 3rd June 2020

Key Takeaways

  • This is the Democratic Republic of the Congo’s 11th outbreak of Ebola since the virus was first discovered in the country in 1976.
  • The disease was first identified in 1976, in two simultaneous outbreaks: One in Nzara (a town in South Sudan) and the other in Yambuku (Democratic Republic of the Congo), a village near the Ebola River from which the disease takes its name.

Read More: COVID-19 Indian National Supermodel


Context: Ebola epidemic has been declared by the Democratic Republic of Congo in the western city of Mbandaka.

Why Ebola Epidemic declared by Congo is dangerous this time?

This is the Democratic Republic of the Congo’s 11th outbreak of Ebola since the virus was first discovered in the country in 1976. The city of Mbandaka and its surrounding area were the site of Democratic Republic of the Congo’s 9th Ebola outbreak, which took place from May to July 2018.

The present announcement comes as a long, difficult and complex Ebola outbreak in eastern Democratic Republic of the Congo is in its final phase, while the country also battles COVID-19 and the world’s largest measles outbreak.

Few Details about Ebola Virus Disease (EVD)

What is it?

  • Ebola virus disease (EVD), formerly known as Ebola haemorrhagic fever, is a severe, often fatal illness in humans.
  • The disease was first identified in 1976, in two simultaneous outbreaks:
    • One in Nzara (a town in South Sudan) and the other in Yambuku (Democratic Republic of the Congo), a village near the Ebola River from which the disease takes its name.
  • The largest outbreak to date was the epidemic in West Africa, which occurred from December 2013 to January 2016, with 28,646 cases and 11,323 deaths.
  • In July 2019, the World Health Organization declared the Congo Ebola outbreak a world health emergency.


Read More: COVID-19 may become Endemic Disease – WHO


How is it transmitted?

  • The virus is transmitted to people from wild animals and spreads in the human population through human-to-human transmission.
  • Fruit bats are believed to be the normal carrier in nature, able to spread the virus without being affected by it.
  • The virus spreads through direct contact with body fluids, such as blood from infected humans or other animals.
  • Spread may also occur from contact with items recently contaminated with bodily fluids.

What is the Fatality Rate?

  • The average EVD case fatality rate is around 50%. Case fatality rates have varied from 25% to 90% in past outbreaks.

How it can be prevented?

  • Community engagement is key to successfully controlling outbreaks. Good outbreak control relies on case management, surveillance and contact tracing, a good laboratory service and social mobilisation.


Read More: Platform for detecting Carcinogenic compounds in food


What is said about its treatment?

  • Early supportive care with rehydration, symptomatic treatment improves survival. There is yet no licensed treatment proven to neutralise the virus but a range of blood, immunological and drug therapies are under development.

Vaccines for Ebola Virus Disease

  • An experimental Ebola vaccine, called rVSV-ZEBOV proved highly protective against EVD in a major trial in Guinea in 2015.
  • The rVSV-ZEBOV vaccine is being used in the ongoing 2018-2019 Ebola outbreak in Democratic Republic of Congo. Pregnant and breastfeeding women should have access to the vaccine under the same conditions as for the general population.

Read More: Parkinson’s Disease | Tool developed for deep study



Upgradation of Group of Seven (G7) Club

Top Current Affairs 3rd June 2020

Source | Indian Express


GS Paper II: Important International institutions, agencies and fora- their structure, mandate.



UPGRADATION OF GROUP OF SEVEN; Top Current Affairs 3rd June 2020

Key Takeaways

  • The US President has called the existing Group of Seven (G-7) club a “very outdated group of countries” and has also proposed the expansion of the G7 to be called ‘G10 or G11’.
  • US President Donald Trump wanted to include India, Russia, South Korea, and Australia in the group.

Read More: G7 ARTIFICIAL INTELLIGENCE GROUP


Context: US President Donald Trump has urged for the upgradation of Group of Seven (G7) and said that he wanted to include India, Russia, South Korea, and Australia in the group.

  • The US President has called the existing Group of Seven (G-7) club a “very outdated group of countries” and has also proposed the expansion of the G7 to be called ‘G10 or G11’.

What you need to know about Group of Seven (G7)?

The Group of Seven (G7), originally G8, was set up in 1975 as an informal forum to bring together the leaders of the world’s leading industrial nations.

The summit gathers leaders from the European Union (EU) and the following countries: Canada, France, Germany, Italy, Japan, the United Kingdom and the United States.


Read More: Violation of Korean Armistice Agreement 1953


How did it became G8?

Russia was formally inducted as a member in the group in 1998, which led G7 to become G8.
However, Russian President Vladimir Putin’s condemnable act of moving Russian troops into eastern Ukraine and conquering Crimea in 2014 drew heavy criticism from the other G8 nations.

  • Following this, the other nations of the group decided to suspend Russia from the G8 as a consequence of its actions and the group became G7 again in 2014.

Working of Group of Seven (G7)

The G-7 nations meet at annual summits that are presided over by leaders of member countries on a rotational basis. The summit is an informal gathering that lasts two days, in which leaders of member countries discuss a wide range of global issues.

The groundwork for the summit, including matters to be discussed and follow-up meetings, is done by the “sherpas”, who are generally personal representatives or members of diplomatic staff such as ambassadors.


Read More: COVID-19 TECHNOLOGY ACCESS POOL (C-TAP)



How G7 is significant?

G7 is capable of setting the global agenda because decisions taken by these major economic powers have a real impact. Thus, decisions taken at the G7 are not legally binding, but exert strong political influence.

Furthermore, As of 2018, the seven countries involved represent 58% of the global net wealth ($317 trillion) and more than 46% of the global gross domestic product (GDP) based on nominal values, and more than 32% of the global GDP based on purchasing power parity.

Criticisms involving Group of Seven (G7)

  • OBSOLETE: Many protesters claim the G7 – which has no representative from any African, Russian or Middle Eastern nation – is completely outdated.
  • NON-EGALITARIAN: G7 leaders are creating a wide gap between the ‘haves’ and the ‘have-nots’ both in their countries as well as across the globe, according to a new report published by non-profit Oxfam International. As a result, they are making the fight against alleviating poverty more difficult, claimed the report.

Read More: OPEN SKIES TREATY | Why USA plan to Quit?



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