World Around Us: 10 Major Events Of This Week

by Shatakshi Gupta
  • With almost 30.8 million votes, Ferdinand Bongbong Marcos Jr., son of the late Philippine dictator Ferdinand Marcos, has won the 2022 Philippine presidential election. The Marcos dynasty reclaimed control with this triumph. Hundreds of people, on the other hand, had assembled to protest the election results. In the election, Ferdinand Marcos Jr. and Lenny Robredo ran for president and vice president, respectively. After the pandemic, both candidates vowed that the economy would recover.
  •  Ranil Wickremesinghe has been named Sri Lanka’s next Prime Minister. On Thursday, President Gotabaya Rajapaksa swore him in as Prime Minister of the Unity Government and administered the oath of office and secrecy. He has also served as Prime Minister five times before. Ranil, 73, is widely regarded as the best political administrator in the country.
  • South Korea has become the first Asian country to join the North Atlantic Treaty Organization’s Cooperative Cyber Defense Center of Excellence (CCDCOE). The National Intelligence Service (NIS) of South Korea has become a contributor to NATO’s Cooperative Cyber Defense Center of Excellence. It was founded in May 2008 with a focus on cyber security research and teaching.
  •  Sheikh Mohamed bin Zayed Al Nahyan will be the United Arab Emirates’ new President (UAE). According to a story in the Khaleej Times, the 61-year-old leader has been named the country’s third President. He is credited with helping to build the UAE Armed Forces in terms of strategic planning, training, and military capabilities promotion. He is Sheikh Khalifa’s brother. Following the death of President Sheikh Khalifa, this decision was made.
  •  In Vietnam, the world’s largest glass bottom bridge debuted. The Vietnam Bach Long Pedestrian Bridge is 632 metres long and sits 150 metres above a large forest. According to reports, the Asian country has completed the construction of a glass-bottomed bridge that spans a lush green forest. It breaks the 526-meter record for the longest glass bottom bridge in Guangdong, China.
  • The election of John Lee Ka-chiu as Hong Kong’s new Chief Executive has been verified. Carrie Lam will be replaced by him. He will be the first security official to serve as Hong Kong’s chief executive, following years of political instability and the recent COVID outbreak, which has brought the city to a standstill. Lee, who quit as the city’s No. 2 official last month, was the only candidate for Beijing’s endorsement. Major revisions to Hong Kong’s electoral regulations were introduced in 2021 to ensure that only loyal to Beijing were elected. Hong Kong’s legislature was similarly reorganised in order to silence the opposition.

Also read: Nation At Glance: Top 10 News Of This Week

  • The Forbes Global 2000, 2022 list of public corporations from around the world has been announced. Sales, earnings, assets, and market value are used to rank the world’s largest firms in the Forbes Global 2000. For the first time since Forbes began publishing the Global 2000 in 2003, Berkshire Hathaway topped the list, displacing the Industrial and Commercial Bank of China, which fell to No. 2 after nine years at the top. Saudi Aramco, the oil company of Saudi Arabia, came in third. Reliance Industries Ltd, owned by billionaire Mukesh Ambani, has advanced two spots to 53rd place in Forbes’ Global 2000 list of public businesses by 2022. 8
  • Sri Lankan President Gotabaya Rajapaksa has announced the introduction of a night curfew in the country’s economic and political crises. Wickremesinghe stated, “Our country just has one day’s worth of fuel left. We’re working to make things right. The Sri Lankan airline, which lost $45 billion in a single year, will now be sold to the private sector. For the time being, we face significant challenges.” At Colombo Port, three oil tankers are docked and the country is unable to pay in dollars. So petrol and diesel are not available. There are no funds to pay salaries to 14 lakh employees.
  • The battle between Russia and Ukraine has lasted more than 80 days. The intensity of the war does not appear to be waning. Various attempts are being taken by Western countries to encircle Russia. The North Atlantic Treaty Organization, or NATO, is being enlarged in this sequence. Sweden and Finland will be granted fast-track membership.

Read more: Amid tension in Europe, PM Modi met President Macron; Understand how France plays a strategic role in Indian Defence

  • Prime Minister Narendra Modi spoke during a Buddha Purnima programme in Lumbini, Nepal. The PM compared the two countries’ relationship to the Himalayas, which is sturdy and lofty. He stated that the inhabitants of both countries will strengthen it and propel it to new heights. In Lumbini, Prime Minister Narendra Modi lay the cornerstone for the India International Center for Buddhist Culture and Heritage, which is being built on India’s initiative. Buddhist tradition will be studied at this centre. This Buddhist cultural centre will cost India one billion rupees to construct.