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Important Current Affairs of 22th May

INTERNATIONAL:

Nepal banned popular Chinese digital wallets Alipay and WeChat.

• Nepal banned popular Chinese digital wallets Alipay and WeChat to prevent the loss of foreign currency earnings from tens of thousands of Chinese tourists. The reason cited is Nepal was losing out since the actual transactions took place in China.

• Over 1,50,000 Chinese holidaymakers visited Nepal in 2018, many using digital wallets to pay in hotels, restaurants, and shops in tourist areas, especially in Chinese-run businesses.

• Nepal:

President: Bidhya Devi Bhandari

Prime Minister: KP Sharma Oli

Capital: Kathmandu

Currency: Nepalese rupee

Bangladesh stopped visas for Pakistani nationals.

• The Bangladesh High Commission in Islamabad has stopped issuing visas to Pakistani nationals for one week over a fresh diplomatic row amid strained bilateral ties since 2013 when Dhaka decided to hang several of the 1971 war criminals.

The Bangladesh High Commission in Islamabad stopped issuing visas to Pakistanis for the last one week as a mark of protest as a Bangladeshi diplomat's visa-extension application has not been cleared by the Pakistan government for last four months.

No official announcement yet made:

In 2018, Dhaka denied a visa to the Pakistan High Commissioner. The Foreign Office in Dhaka, however, is yet to make any formal confirmation and no official notification has been issued on the halting of visas to the Pakistani nationals.

Bangladesh refusal for Pak. new high commissioner:

Bangladesh has reportedly refused to accept the 'agreement' from Islamabad for the appointment of a new high commissioner.

Pakistan Ministry of Foreign Affairs named Saqlain Syedah as its new High Commissioner to Bangladesh, but Dhaka refused to accept the "agreement", a diplomatic requirement under which a host country has to confirm the appointment of an incoming envoy.

Reason:

Bangladesh, which seceded from Pakistan in 1971, has accused Pakistan of financing terrorism on its soil. Bilateral ties have become so strained. Now it has halted granting visas to all Pakistanis.

AGREEMENTS AND MOU’s:

Tech Mahindra signed a defence contract worth Rs.300 crore with Indian Navy.

• IT major, Tech Mahindra has signed a defence contract worth Rs.300 crore with Indian Navy. This contract is its biggest agreement to date. The IT major will implement RFID-based access control system across all naval bases and ships as part of 'Armed Forces Secure Access Card (AFSAC)' Project. AFSAC  will replace the existing paper-based identity card for all Navy personnel, including dependents and ex-servicemen. As part of the AFSAC Project, Tech Mahindra will implement RFID (Radio Frequency Identification) based access control system across all naval bases and ships.

AFSAC Project:

•  The Mumbai-based company will develop a secure application to manage the access control devices, network devices, and the AFSAC card through a data centre.

•  The security of Indian Naval establishments against unauthorized access is a thrust area and the AFSAC Project will be an important step towards achieving this aim.

• Scheduled to be implemented over the next two years, the project will ensure smooth issuance, handling, administration, management and life-cycle support of AFSAC Cards on turnkey basis.

• This project further cements the company's role as one of the leading system integrators globally. Tech Mahindra is already working with entities like Coal India, India Ports Association, Kanpur Smart City and others.

Tech Mahindra:

Type: Public

Founded on: 24 October 1986

Chairman: Anand Mahindra

MD & CEO: C.P. Gurnani

Services: Outsourcing, Consulting, Managed services

APPOINTMENTS AND RESIGNATIONS:

TikTok parent hires former Google executive Sameer Singh as VP.

• TikTok owner ByteDance has appointed media agency GroupM's South Asia CEO Sameer Singh in the role of VP, monetisation, for India. The IIM Calcutta alumnus, who has earlier worked as Director Agencies Business at Google India will join new role in August. In his new role, Sameer will lead the advertising, sales and marketing strategies across ByteDance’s products in India.

About TikTok:

• TikTok, also known as Douyin in China, is an iOS and Android media app for creating and sharing short videos. The application allows users to create short music videos of 3 to 15 seconds and short looping videos of 3 to 60 seconds.

• Initial release date: September 2016

• Stable release: 11.2.3 / 12 May 2019

• Developed by: ByteDance

• Size: 308.3 MB (iOS); 80.19 MB (Android)

• Operating system: iOS, Android

• Available in: 33 languages

Bimal Dayal to lead merged entity of Indus Towers, Bharti Infratel.

• Bharti Airtel and Vodafone Group have announced Bimal Dayal, who is currently CEO of Indus Towers, will be appointed CEO of the merged entity of Indus Towers and Bharti Infratel. Dayal, who joined Indus Towers as its Chief Operating Officer in 2010, previously worked with Ericsson. The tower companies further named Indus CFO Hemant Ruia as the combined entity's CFO.

• About Merged entity of indus Towers,Bharti Infratel.

• The merged company will be listed on the stock exchanges as Bharti Infratel is a publicly traded company. ... Bharti Infratel and Vodafone Group own 42% each inIndus Towers, while Vodafone Idea, the merged entity of Idea Cellular and Vodafone India, holds 11.15%.

DAYS:

World Biodiversity Day is observed on 22 May.

• The International Day for Biological Diversity (or World Biodiversity Day) is a United Nations-sanctioned international day to increase understanding and awareness of biodiversity issues. The day is observed on May 22 every year. The theme for 2019 is 2019 - Our Biodiversity, Our Food, Our Health.

Biological Diversity falls within the scope of the UN Post-2015 Development Agenda's Sustainable Development Goals. Agrobiodiversity and its potential to support human nutrition and good health is a critical component of the global sustainability agenda. The critical role of biodiversity in sustainable development was recognized in a Rio+20 outcome document, The World We Want: A Future for All.

Theme 2019: Our Biodiversity, Our Food, Our Health:

• This year’s International Day for Biological Diversity focuses on biodiversity as the foundation for our food and health and as a key catalyst to transforming food systems and improving human well-being.

• The theme aims to leverage knowledge and spread awareness of the dependency of our food systems, nutrition, and health on biodiversity and healthy ecosystems. The theme also celebrates the diversity provided by our natural systems for human existence and well-being on Earth, while contributing to other Sustainable Development Goals, including climate change mitigation and adaptation, ecosystems restoration, cleaner water, and zero hunger, among others.

• To conserve and sustainably use biodiversity for the well-being, every individual need to:

• Reduce meat consumption

• Eat and purchase seasonal foods

• Buy local foods

• Reduce food waste

• Compost food scraps

• Reduce food packaging by using reusable bags or reusing glass jars or containers

• Avoid single-use plastics like plastic straws, coffee cups, plastic cutlery, take out containers or plastic water bottles

• Promote local and indigenous biodiversity for food and nutrition

AWARDS:

Oman author Jokha Al Harthi wins Booker International Prize.

• Oman Author Jokha Al Harthi won the prestigious Man Booker International Prize for "Celestial Bodies", the story of three sisters of a desert country confronting its slave-owning past and a complex modern world.

• Jokha Alharthi, the first Arabic-language writer to take the prize, will split the 50,000 pounds or 64,000 US dollar purse with her UK-based translator, Marilyn Booth.

About Man Booker International Prize

Country: United Kingdom

Awarded for: Best book in English translation

Presented: by Man Group

Reward(s):£50,000

First awarded: 2005.

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