Week 19 of 2022 – YPF Around the Globe (English)

Timeframe: May 7 to April 13, 2022

To read Bangla, click here.

1. Politics

Sri Lanka crisis: Gotabaya Rajapaksa appoints veteran politician as PM

Senior opposition MP Ranil Wickremesinghe was sworn in to lead a proposed cross-party government. The move came after the president ignored calls to resign, and vowed to restore order in a national address.

Source: BBC

Finland’s leaders call for NATO membership ‘without delay’

The annoucement by President Sauli Niinisto and Prime Minister Sanna Marin means that Finland is all but certain to join the Western military alliance, though a few steps remain before the application process can begin. Neighboring Sweden is expected to decide on seeking NATO membership in coming days.

Source: AP News

2. Economics & Business

Fed Hikes Rates Half-Point as Powell Signals Similar Moves Ahead

The U.S. central bank’s policy-setting Federal Open Market Committee on Wednesday voted unanimously to increase the benchmark rate by a half percentage point. The Federal Reserve delivered the biggest interest-rate increase since 2000 and signaled it would keep hiking at that pace over the next couple of meetings, unleashing the most aggressive policy action in decades to combat soaring inflation.

Source: Bloomberg

3. Environment

91% of reefs surveyed on Great Barrier Reef affected by coral bleaching in 2022

The Reef snapshot: summer 2021-22, quietly published by the Great Barrier Reef Marine Park Authority on Tuesday night after weeks of delay, said above-average water temperatures in late summer had caused coral bleaching throughout the 2,300km reef system, but particularly in the central region between Cape Tribulation and the Whitsundays.

Source: The Guardian

4. COVID-19 News

North Korea confirms 1st COVID outbreak, Kim orders lockdown

North Korea imposed a nationwide lockdown Thursday to control its first acknowledged COVID-19 outbreak after holding for more than two years to a widely doubted claim of a perfect record-keeping out the virus that has spread to nearly every place in the world.

Source: AP News


Disclaimer: The information provided here is obtained solely from the aforementioned third parties. Youth Policy Forum (YPF) is not responsible for any misinformation or misrepresentation.

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