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Current Affairs 02 July 2017
Current Affairs 02 July 2017
| Chinese President Xi Jinping says Belt and Road needs to reject protectionism |
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| Chinese President Xi Jinping urged major multilateral institutions to join his new Belt and Road Initiative, stressing the importance of rejecting protectionism in seeking global economic growth. ★Addressing other world leaders at a summit on the initiative in Beijing, Mr. Xi said it was necessary to coordinate policies with the development goals of institutions including the Asia-Pacific Economic Cooperation (APEC), ASEAN, African Union and the European Union. ★Mr. Xi pledged $124 billion for his new Silk Road which aims to bolster China’s global leadership ambitions by expanding links between Asia, Africa, Europe |
| Labour Party promises probe into in Britain’s role Operation Blue Star |
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| The Labour Party has committed to an inde- pendent inquiry into the role of Britain in Operation Blue Star should it be elected on June 8. The commitment is briefly referenced in the manifesto’s section on diplomacy. |
| Basquiat painting ‘Untitled’ sells for record $110.5 million |
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| A 1982 artwork by Jean-Michel Basquiat sold for a record $110.5 million at Sotheby’s auc- tion of contemporary art. The piece was pur- chased by noted Japanese collector and e- commerce entrepreneur Yusaku Maezawa after a 10-minute bidding war. |
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