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During FY 2023, the mining and quarrying sector negatively grew by 4.4% . This contraction was driven by reduced extraction activities and investment constraints in the sector.
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Large-scale manufacturing in Pakistan saw a growth of 8.11% during July-March FY 2023. This growth indicates a moderate recovery in the sector despite ongoing economic challenges.
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The industrial sector in Pakistan posted a negative growth of 2.94 % in FY 2023. This decline highlights significant economic challenges. Including energy constraints and inflationary pressures.
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Ibrahim Traoré is the youngest President of Burkina Faso. He assumed power in September 2022 at the age of 34 following a military coup.
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Sanna Marin became the world's youngest serving Prime Minister of Finland at the age of 34. She assumed office in December 2019. She leading the Social Democratic Party.
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Astana was renamed Nur-Sultan in March 2019 , in honor of former President Nursultan Nazarbayev . This change was made shortly after Nazarbayev's resignation from the presidency.
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The Group of G-Seven (G7) includes Canada, France, Germany, Italy, Japan, the UK, and the US . It is a forum for the leaders of these major advanced economies to discuss and coordinate on global economic and political issues.
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The Kuwaiti General Elections were held on 4th April 2024 . This election was pivotal for selecting the members of the National Assembly amid ongoing political and economic reforms.
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Bulgaria and Romania became Schengen members in March 31 2024 , gaining access to open borders via sea and air routes . This expansion aims to enhance regional integration and facilitate travel within the Schengen Area. The Schengen Area encompasses 29 European countries that have abolished border controls at their mutual borders . The 29 Schengen countries are: Austria, Belgium, Czech Republic, Denmark, Estonia, Finland, France, Germany, Greece, Hungary, Iceland, Italy, Latvia, Liechtenstein, Lithuania, Luxembourg , Malta, Netherlands, Norway, Poland, Portugal, Slovakia, Slovenia, Spain, Sweden , Switzerland, Croatia, Bulgaria and Romania.
Explanation
Bernardo Arévalo was inaugurated as the 52nd president of Guatemala in January 2024. His presidency marks a significant moment in Guatemalan politics. He focusing on anti-corruption and democratic reforms.
