Current Affairs Highlights (November 28, 2024)
International
- Middle East Truce
: Tens of thousands have returned to Lebanon following the beginning of a truce between Israel and Hezbollah, easing regional tensions ​
- Taiwan’s Defense Drills
: Taiwan conducted air and sea drills as China maintained its military pressure, highlighting ongoing regional tensions ​
- US-China Relations
: The Biden administration is preparing new restrictions on Chinese semiconductor firms, reflecting growing tensions over technology and trade​
- US-Ukraine Aid
: The United States announced a $725 million arms package for Ukraine as the war with Russia continues​
- Global Anti-Drug Operations
: A massive drug bust exposed new trafficking routes in the Pacific, underscoring international efforts against narcotics smuggling​
- US SEC approved the first 24-hour stock exchange
: The U.S. Securities and Exchange Commission (SEC) has approved the first 24-hour stock exchange, a landmark development in financial markets. The start-up 24 Exchange received the green light on November 28, 2024. Initially, the exchange will operate during regular trading hours, with plans to extend into a nightly trading session soon.
National (India)
- India-Fiji Cooperation
: Minister of State Margherita held talks with Fiji’s Deputy Prime Minister, announcing $2 million in solar project investments under the Quad Climate Working Group​
TamilNadu (State)
- Investment Initiatives
: Tamil Nadu announced an MoU with global automotive firms to establish electric vehicle (EV) manufacturing hubs, bolstering its industrial growth.
- Cyclone Precautionary Measures
: Coastal areas in Tamil Nadu are on high alert as meteorologists predict potential cyclonic activity in the Bay of Bengal.
- Educational Advancements
: The state government unveiled a new AI-based program in schools to enhance STEM education and foster innovation among students.
