Current Affairs 15 May 2018

Current Affairs of May 15, 2018, are as follows:-

1. International Day Of Families is celebrated as 15 May:-

  •  The International Day of Families is observed on the 15th of May every year.
  • In 1993, the General Assembly of United Nations decided that 15 May of every year should be observed as The International Day of Families. 
  • This day provides an opportunity to promote awareness of issues relating to families and to increase the knowledge of the social, economic and demographic processes affecting families.
  • This year (2018), the theme for the event is Families and inclusive societies’.

2. Government to install e-Gates at airports:-

  •  From January 2019, low-risk foreign travelers will not have to wait in long queues at airport immigration counters.
  • The Indian government plans to install special automated kiosks — e-Gates —  for speedy document and identity verification.
  •  At the e-Gates, foreigners would be able to present their machine-readable passports, place their fingerprints on the scanner and complete a customs declaration.

3. Paytm introduces automatic recurring payments:-

  • Paytm has introduced automatic recurring payments, a new feature that would let users configure the payments app to pay for periodic recurring expenses automatically.
  • Similar to standing instructions for bank accounts, the ‘My Payments’ feature can be used for high-value payments for a variety of cases.
  • The company expects the feature to significantly boost bank-to-bank transactions on the Paytm app.

4. US opens new embassy in Jerusalem:-

  • The United States of America on May 14, 2018, officially relocated its embassy in Israel from Tel Aviv to Jerusalem, upholding the Jerusalem Embassy Act of 1995.
  • The US embassy was opened in Jerusalem on May 14, on the day that marked the 70th anniversary of the founding of the state of Israel, in the presence of several politicians and dignitaries including Ivanka Trump and her husband, Jared Kushner.

  • The US and Israeli leaders hailed the embassy move as a sign of the enduring relationship between the two countries and of US trustworthiness.

  •  The ceremony was attended by several nations including Albania, Austria, Cameroon, Czech Republic, Ethiopia, Georgia, Hungary, Kenya, Myanmar, Macedonia, Nigeria, Peru, Philippines, Romania, Rwanda, Serbia, Tanzania, Thailand, Ukraine, Vietnam, and Zambia.

5. ICBC Launches China's 1st India-Dedicated Investment Fund:-

  • A state-run Chinese bank, Industrial and Commercial Bank of China (ICBC) launched the country's first India-dedicated publicly offered investment fund, saying the Indian market offers the best opportunity for Chinese investors due to the prospects of double-digit growth.
  • The fund, named the ICBC Credit Suisse India Market Fund, will invest in exchange-traded funds listed on more than 20 exchanges in Europe and the US that are based on the Indian market.
  • It is China's first publicly offered fund for investing in India. 

6.  Alexander Zverev beats Dominic them to win Madrid Open:-

  • World number three Alexander Zverev won his third Master's title by beating Dominic them in the final of the Madrid Open. He becomes only the fifth player to win at least three masters 1000 titles – joining Rafael Nadal, Roger Federer, Novak Djokovic and Andy Murray.

7. UNSC to hold an emergency meeting on violence along Gaza-Israeli border:-

  • The United Nations Security Council will hold an emergency meeting on May 15 to discuss the violence along the Gaza-Israeli border. 
  • More than 50 Palestinians died after Israeli forces fired on people who were protesting the US embassy move to Jerusalem on Monday.

8. India's green sectors to employ 300,000 workers by 2022: ILO:-

  • The International Labour Organisation (ILO) on May 14, 2018, released its annual flagship report titled ‘World Employment and Social Outlook 2018: Greening with Jobs’. 
  • As per the report, 24 million new jobs are expected to be created globally by 2030, if the right policies to promote a greener economy are put in place. 
  • If countries undertake action to limit global warming to 2 degrees Celsius, it will result in sufficient job creation.
  •  The adoption of sustainable practices in the energy sector, such as promoting the use of electric vehicles and improving the energy efficiency of buildings, could create new jobs.

9. Shooting high on success and victory:-

  • Ace Indian shooter Heena Sidhu secured the gold medal in the 10-meter air pistol category of the international shooting competition of Hannover, marking a strong build-up to next week’s ISSF World Cup in Munich.
  • Heena was in a carefree form in the final where she was tied with France's Mathilde Lamoille on 239.8 points.
  • She won the tie to win the gold ahead of Mathilde. While Shri Nivetha finished on 219.2.
  • After beginning with a series of scores in the 9s, Heena switched gears and scored 10 and above steadily to break away from the field.
  • Her second series produced consistent 10s and she even hit a perfect 10.9 in the elimination round to put herself in contention for gold.

10. President Ram Nath Kovind to inaugurate Global Exhibition on Services-2018:-

  •  President Ram Nath Kovind will inaugurate the Global Exhibition on Services-2018 in Mumbai this morning. 
  • He will also launch 12 champion sectors in services. 25 Indian states and around 100 countries are expected to participate in Global Exhibition on Services, this year, with 625 exhibitors and 500 overseas delegates. 
  • The event will also feature roundtables and seminars, state investment summits, Business-to-business meetings, an exhibition of key services sectors, cultural activities, country and international pavilions, among others.
  • He will also visit the Bhabha Atomic Research Centre, where he will be attending an exhibition on Department of Atomic Energy technologies and inaugurate DAE facilities in Trombay, Mumbai.

Current Affairs Month