Current Affairs - International

India and Nigeria are working towards finalizing a Local Currency Settlement System Agreement to enhance bilateral trade. This agreement, discussed during the 2nd India-Nigeria Joint Trade Committee session, aims to facilitate trade by settling transactions in Indian rupees and Nigerian naira. The focus on strengthening economic ties underscores the importance of collaboration between India and Nigeria, two countries with significant historical and economic relations, furthering their mutual interests and trade cooperation.

Alabama, one of the southern states of the United States, is affectionately referred to as the "Yellowhammer State." This nickname originated during the Civil War when Huntsville soldiers wore uniforms with yellow trim, leading to playful remarks and the nickname "Yellowhammers." The connection to the state bird, the Northern Flicker, with its yellow markings, further reinforces this unique and colourful moniker for Alabama.

The Government of Nepal announced plans to introduce a new Rs-100 currency note featuring territories claimed by India, including Lipulekh, Kalapani, and Limpiyadhura. This decision has led to tensions between Nepal and India due to long-standing border disputes.

John Swinney is set to assume the role of the first minister of Scotland, representing the Scottish National Party. This transition follows Kate Forbes' withdrawal from the leadership race, ensuring a smoother succession process. Swinney's candidacy, uncontested formally, reflects a significant shift in leadership dynamics, with implications for Scotland's political direction.

Jeremiah Manele was elected as the new prime minister of Solomon Islands with 31 votes. He has pledged to continue a China-friendly foreign policy and won the election amidst heightened security in Honiara, the capital of Solomon Islands.