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Current Affairs

Donald Trump on India

  • President Donald Trump has called India”one of the highest taxing nations in the world”.
  • India continued to levy a steep 100% tariff high-end Harley- Davidson motorcycles imported from the United States. At the annual spring dinner of the National Republican Congressional Committee: They send them to our country, we charge them nothing. We send a Harley Davidson to India and they charge us 100%. Not fair, okay. Not reciprocal. It’s not fair. But his claims about Indian Import duty on Harley- Davidson motorcycles are both outdated and misleading. India has brought it down to 50%, since Trump started complaining about it.
  • India doesn’t import that many of these Harleys-just 84 in 2017 worth $1.17 million. Most Harleys sold in India are assembled locally by the company’s plant in India, an estimated 3,000 in 2017.

EU approves tougher EU copyright rules

  • As per new rules, Google will have to pay publishers for news snippets and FB will have to filter out protected content under new copyright rules with the aim to ensure fair compensation for the European Union’s $1 trillion creative industries with 7 million people. Google and other online platforms will have to sign licensing agreements with musicians, performers, authors, news publishers and journalists to use their work.
  • “When it comes to completing Europe’s digital single market, the copyright reform is the missing piece of the puzzle,” the Commission’s president Jean-Claude Juncker said in the statement.
  • Wikipedia blacked out several European sites in protest last month. new rules was opposed by Finland, Italy, Luxembourg, the Netherlands, Poland and Sweden on the other hand 19 countries, including France and Germany are in support. While Belgium, Estonia and Slovenia remains abstained.

Google Headquarter– California, U.S

Founded in– September 4, 1998

CEO–  Sundar Pichai

  • Oil hits 2019 high above
  • Brent oil hit a 2019 high above $72/barrel, reasons behind this is demand and supply.
  1. Steady economic growth in China
  2. Fall in US crude stocks
  • China’s economy grew by 4% in the first quarter