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News in Short

News in Short - 22-May-2020

Taiwanese president re-elected

Date: 22 May 2020 Tags: Miscellaneous
  • Taiwan's President Tsai Ing-wen took oath for her second term today after a landslide victory at home and amid growing support from the world.
  • President Tsai in her inaugural speech rejected China's rule while Beijing calls her a separatist. The next four years will be worth watching as Taiwan takes on China's might to assert its independence.
  • Tsai Ing-wen is Taiwan's first female president and undoubtedly the most popular. Tsai and her democratic progressive party won January's elections by a landslide.

IIT Guwahati uses new method to fight Alzheimer’s disease

Date: 22 May 2020 Tags: Miscellaneous
  • Researchers at the Indian Institute of Technology-Guwahati (IIT-G) have, after a five-year study, arrived at methods for preventing the accumulation of neurotoxic molecules in the brain, which leads to memory loss.
  • One is the use of “trojan peptides” that does what the Trojan horse did for the ancient Greeks in their victory over Troy. The other is the application of a low-voltage electric field toward preventing amyloid plaques from aggregating to cause memory loss.
  • The cause of Alzheimer’s is the accumulation of amyloid-beta peptides in the brain.The use of an external electric or magnetic field modulates these molecules to “pull back the possibility of Alzheimer’s to a certain extent.

Cyclone Amphan makes landfall

Date: 22 May 2020 Tags: Disaster & Disaster Management
  • Cyclone Amphan has made landfall in eastern India. The West Bengal and Odisha government have had to evacuate over six lakh people from vulnerable areas due the cyclone.
  • Experts are now saying that occurrence of such intense cyclones is due to global warming and warm sea surface temperatures. Tropical cyclones in the past four decades have brought destruction around the globe.
  • A study conducted on the occurrence of tropical cyclones has confirmed that with rising temperature of oceans, more such events would take place in the future.

Foreign investors pull out money from Asian economies including India

Date: 22 May 2020 Tags: World Economy
  • Amidst global economic recession due to coronavirus, foreign investors have pulled out an estimated $26 billion from developing Asian economies and over $16 billion out of India.
  • While almost all major economies are shrinking as a result of coronavirus, only three countries China, India, and Indonesia are projected to experience small, but positive rates of economic growth in 2020.
  • The IMF in its recent report argued that recovery of the global economy could be weaker than projected as a result of lingering uncertainty about possible contagion, lack of confidence, and permanent closure of businesses and shifts in the behaviour of firms and household.

Domestic airlines operations to start in a phased manner

Date: 22 May 2020 Tags: Services
  • Domestic airline operations will resume from airports across all major cities in the country from 25 May, even though the existing lockdown to contain covid-19 remains in place till 31 May.
  • Middle seats inside the plans may not be left vacant, an idea that was being considered earlier by the ministry. The government may also not allow senior citizens aged above 80 years to board the flights. Passengers may have to be quarantined as per the state government’s protocols.
  • The government may also introduce a cap on airfares, this is being done to protect the consumers and airlines as a temporary measure.