The Daily Brief – 5th March 2018

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  • Marshall Islands in Pacific Ocean is set to become first country in world to recognize cryptocurrency as its legal tender and adopt transparent crypto monetary system. A law was passed to create the digital currency called “Sovereign” with symbol SOV to raise some hard cash to pay bills and boost economy.
  • The 90th Academy Awards commonly referred to as Oscars was held at the Dolby Theatre in Hollywood, Los Angeles, California (US). The Shape of Water won the most number of awards totaling to four at the ceremony after it was nominated into highest 13 categories. The best picture award went to the Shape of Water while the best director award was taken by the director of the same movie Guillermo del Toro. While best actress award was taken by Frances McDormand (Three Billboards Outside Ebbing, Missouri as Mildred Hayes) the best actor award was taken by Gary Oldman for his role in The Darkest Hour.
  • Myanmar has indefinitely deferred signing agreement with India to streamline free movement of people within 16 km along open border between two countries. It has cited domestic compulsions and has asked for more time for the agreement to be sealed.
  • India is 12th largest overseas holder of US government securities according to US Treasury Department reports. India’s exposure to it has risen sharply to high of US $144.7 billion at end of 2017.
  • Krishna Kumari Kolhi (39) from Sindh province in Pakistan became first-ever Dalit Hindu woman to get elected as Senator, member of upper house (Senate) of Muslim-majority country.
  • ‘Ama Gaon, Ama Vikas’ (Our Village, our development) programme has been launched by the Odisha Government to reach out to people in rural areas and involve themselves in developmental activities. Under this programme, people can directly send their grievances to Chief Minister’s Office (CMO) at Secretariat in Bhubaneswar through Wi-Fi enabled latest technology video wall vans.

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