1️⃣ India and Brazil Sign Joint Declaration to Strengthen MERCOSUR–India Trade Agreement
- Parties Involved: Government of India and Federative Republic of Brazil
- Objective: To enhance and expand the existing MERCOSUR–India Preferential Trade Agreement (PTA) signed in 2004.
- Key Focus Areas:
- Reduction of tariffs on pharmaceuticals, engineering goods, and agricultural products.
- Promotion of bilateral investments, digital trade, and sustainable manufacturing.
- About MERCOSUR:
- A regional trade bloc in South America comprising Brazil, Argentina, Uruguay, and Paraguay.
- Headquarters: Montevideo, Uruguay.
- Significance:
- Strengthens India’s engagement with Latin American economies.
- Aims to diversify trade beyond traditional markets and deepen South–South cooperation.
2️⃣ Uruguay Becomes the First Latin American Country to Legalize Euthanasia
- Country: Uruguay
- Legislation Passed By: Uruguayan Parliament
- Provision: Allows assisted dying for terminally ill patients under strict medical and ethical guidelines.
- Significance:
- Uruguay becomes Latin America’s first nation to legalize euthanasia.
- Reflects progressive healthcare reforms emphasizing individual dignity and autonomy.
- Global Context:
- Euthanasia is legal in countries like Netherlands, Belgium, Spain, Canada, and New Zealand.
- Uruguay’s move may inspire similar debates across Latin America.
3️⃣ India’s GIFT City Ranked 43rd in the Global Financial Centres Index (GFCI) 2025
- Published By: Z/Yen Group (London) and China Development Institute (CDI), Shenzhen
- India’s Rank: 43rd (up from 51st in 2024)
- About GIFT City:
- Full Form: Gujarat International Finance Tec-City
- Located in Gandhinagar, Gujarat
- India’s first International Financial Services Centre (IFSC).
- Significance:
- Recognized for its rapid growth in fintech, banking, insurance, and capital markets.
- The rise in ranking highlights India’s push toward making GIFT City a global finance hub comparable to Dubai and Singapore.
- Static Link: GIFT City operates under the International Financial Services Centres Authority (IFSCA).
4️⃣ Wim van den Heever Wins Best Wildlife Photographer Award 2025 for ‘Ghost Town Visitor’
- Winner: Wim van den Heever (South Africa)
- Awarded For: His photograph titled ‘Ghost Town Visitor’, depicting an oryx wandering through Namibia’s abandoned mining settlement.
- Awarded By: Natural History Museum, London under the Wildlife Photographer of the Year Awards 2025.
- Significance:
- Highlights the intersection of wildlife, decay, and nature’s reclamation.
- Van den Heever is internationally acclaimed for his dramatic wildlife and landscape photography.
- Static Link: The Wildlife Photographer of the Year Award was first launched in 1965 and is considered the world’s most prestigious wildlife photography competition.