Current Affairs - International

Researchers from China and Japan have reported experimental evidence that Niobium diselenide (NbSe₂) exhibits the properties of a Bose metal. This discovery is significant in quantum physics as Bose metals exhibit unique conductive properties, existing between an insulator and a superconductor. These findings open potential applications in quantum computing, advanced electronics, and superconductivity research. The collaboration between China and Japan in this research highlights the global efforts in exploring unconventional quantum states and advancing technology in these fields.

The United States is seeking agricultural market access from India as part of trade negotiations, particularly in opening India’s farm sector to American produce. One of the main points of contention is the difference in government support for farmers in both countries. While the US provides substantial financial support to its farmers through various federal programs, India's support is more focused on subsidies for inputs like fertilizers and irrigation, as well as Minimum Support Price (MSP) procurement. These differing support systems have created challenges in balancing market access for both nations.

India sent $1 million worth of machinery to Suriname to boost the Passion fruit industry as part of its development partnership with the country. This initiative is aimed at enhancing agricultural productivity and strengthening bilateral relations between India and Suriname. This step highlights India's involvement in agricultural development across various countries. Suriname, located in South America, benefits from India's assistance in improving its agricultural infrastructure.

Finland has been ranked as the happiest country in the world for the eighth consecutive year, according to the 2024 World Happiness Report. India is ranked 118th in the 2025 report, reflecting challenges in areas like social support and economic disparity. This ranking is based on various factors such as social trust, economic stability, life expectancy, and freedom to make life choices. Despite challenges like increased geopolitical tensions due to its proximity to Russia, Finland continues to maintain high levels of happiness among its citizens, demonstrating the importance of social support and trust in contributing to overall well-being.

The "Frontier Seed" program was launched by the Asian Development Bank (ADB) to promote private sector growth and economic resilience in the Pacific region. The initiative focuses on strengthening local capital markets and supporting sustainable business ventures. ADB's initial commitment of $4 million, along with support from international partners, aims to foster economic growth, attract investment, and create jobs. This program aligns with ADB's broader mission to support sustainable infrastructure and regional development across its member countries.