UniFocus IAS ( UNIFOCUS UNIVERSAL )

The Security Council rejected Palestine’s request for UN membership on Thursday, with the United States casting a veto. In a vote of 12 in favour to one against, with two abstentions, the Council did not adopt a draft resolution that allows Palestine to join as a full UN Member State. The draft resolution is among the shortest in the Council’s history:  For a draft resolution to pass, the Council must have at least nine members in favour and none of its permanent members – China, France, Russia, United Kingdom, United States – using their veto power. UN News

The Global Sovereign Debt Roundtable (GSDR) - April 17, 2024 The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, or The Group of 24 (G-24) Commission for Observation, Infrastructure and Information Systems (INFCOM) NATO’s Air Battle Decisive Munitions ( ABDM ) framework Indigenous Technology Cruise Missile ( ITCM ) successfully flight-tested by DRDO off the Odisha coast

The Global Sovereign Debt Roundtable (GSDR) met today and reviewed progress on the work to improve debt restructuring processes and timelines, and to help address debt vulnerabilities. The objective of the Global Sovereign Debt Roundtable is to build greater common understanding among key stakeholders involved in debt restructurings, and work together on the current shortcomings in debt restructuring processes, both within and outside the Common Framework, and ways to address them. The roundtable is co-chaired by the IMF, World Bank and G20 Presidency (currently Brazil) and comprises official bilateral creditors (both traditional creditors members of the Paris Club and new creditors), private creditors and borrowing countries. "Global Sovereign Debt Roundtable — 2nd Cochairs Progress Report" - IMF "Global Sovereign Debt Roundtable" - IMF

The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, or The Group of 24 (G-24) was established in 1971 as a chapter of the Group of 77 in order to help coordinate the positions of developing countries on international monetary and development finance issues, as well as and to ensure that their interests are adequately represented in negotiations on international monetary matters. Though originally named after the number of founding Member States, it now has 28 Members (plus China, which acts as a Special Invitee).  Although the G-24 officially has 28 member countries, any member of the G-77 can join discussions. Although the group is not an organ of the International Monetary Fund, the IMF provides secretariat services for the Group. It meets biannually, first prior to the International Monetary and Financial Committee, and secondly prior to the Joint Ministerial Committee of the Boards of Governors of the Bank and the Fund. These meetings a...

The Commission for Observation, Infrastructure and Information Systems (Infrastructure Commission) contributes to the development and implementation of globally coordinated systems for acquiring, processing, transmitting, and disseminating Earth system observations, and related standards;  Its other functions include coordination of the production and use of standardized analysis and model forecast fields; and development and implementation of sound data and information management practices for all WMO Programmes and their associated application and services areas. Its creation was approved by WMO Reform package by the Eighteenth World Meteorological Congress in June 2019 and its structure was agreed in May 2020. World Meteorological Organization ( WMO )