Current Affairs Update: Dec 02, 2016

1. The world`s population grew slightly to 7.4 billion in 2016, the UN said on Thursday
The United Nations Population Fund released its 2016 State of the World Population report
It says 89 per cent of the world`s 125 million 10-yearolds live in developing countries
The report said the world`s population grew 1.1 per cent to 7.433 billion from 7.349 billion the previous year.

2. Dec 1, 2016: OPEC members agreed to reduce its output by 1.2 million barrels per day (bpd).
Iran, Libya and Nigeria were exempted from the cuts. Tehran even managed to win the right to increase its production by 90,000 bpd over the next six months.
Saudi Arabia, Opec`s most powerful member, agreed at the Vienna meeting to cut 500,000 bpd from its output.
OPEC: Organisation of Petroleum Exporting Countries
Members: 14
Headquarter: Vienna, Austria
The Middle Eastern members originally called for OPEC headquarters to be in Baghdad or Beirut, but Venezuela argued for a neutral location, and so Geneva, Switzerland was chosen. On 1 September 1965, OPEC moved to Vienna, Austria, after Switzerland declined to extend diplomatic privileges.

3. Dec 1, 2016: China and Pakistan have launched a direct rail and sea freight service, with the first cargo train departing from Yunnan, an inland province in southwest China.
On Dec 1, 2016 a cargo train loaded with 500 tonnes of commodities left Kunming, capital of Yunnan, for port city of Guangzhou from where the cargo will be loaded on ships and transported to Karachi, marking the opening of the new route.
Pakistan and China kicked off first trade activities under CPEC on 31st October as over a hundred Chinese containers arrived at the Sust port in Hunza.

4. Commerce Minister Khurram Dastgir said on Dec 1, 2016 that the government hasn`t changed trade regime with India.

5. UAE National Day
Dec 2, 2016: United Arab Emirates celebrates its UAE 45th National Day.
Significance: It marks the UAE's Union Day between the six emirates in 1971 which was later followed by the joining of the seventh emirate, Ras Al Khaimah, in 1972.

6. Ukraine launches missiles, Russia on high alert
This missile test drill is the first-ever for Ukraine. The testing location is extremely close to the Russian- annexed region of Crimea.
Annexation of Crimea
• Crimea was formerly a part of Ukraine.
• In 2014, masked Russian troops captured the Supreme Council of Crimea and other significant places, which eventually led to the installation of a pro-Russian government in Crimea.
• Then in a referendum in March 2014, a large majority of Crimean voters favoured separation from Ukraine and chose to return to the Russian Federation.
• UN, however, called the referendum invalid and passed a resolution asking all International and State organisations not to recognise Russian annexation of Crimea.
• Russian President Vladimir Putin defends the move and opposes the ‘annexation’ tag.
7. United Nations apologises to people of Haiti for cholera epidemic

The Secretary-General Ban Ki-Moon expressed deep regret for the loss of life caused by the disease. He stated, “On behalf of the United Nations, I want to say very clearly: we apologise to the Haitian people.”
The United Nations Security Council on 30 November 2016 voted to tighten sanctions on North Korea in response to the country’s fifth and largest nuclear test.

8. Yoga, India’s one of the ancient practices to keep oneself healthy, has been inscribed on UNESCO’s Representative List as the Intangible Cultural Heritage of Humanity.
Earlier in 2014, the United Nations declared 21 June as the International Yoga Day.