Profitloss Centerstage Events

Ban on tourists swimming with Bottlenose Dolphins in New Zealand took center stage on Wednesday, 28 August 2019 among all major events across the globe, and remains the highlight of this week's list of center stage events.
Picture Courtesy: Profit loss

Centerstage events of week 4

Lionel Aingimea takes office as the President of Nauru, succeeding...

Lionel Aingimea takes office as the President of Nauru, succeeding Baron Waqa.

Monday, 26 August, 2019

New Zealand imposes a ban on tourists swimming with bottlenose...

New Zealand imposes a ban on tourists swimming with bottlenose dolphins due to concerns about the negative impact on the species caused by excessive interaction with humans. Authorities aim to protect the dolphins from potential extinction by prioritizing their necessary biological functions over human interactions.

Tuesday, 27 August, 2019

Ethiopia sets a new world record by planting 350 million...

Ethiopia sets a new world record by planting 350 million trees in just 12 hours, surpassing India's previous record of 50 million trees planted in the same timeframe. This massive reforestation effort demonstrates Ethiopia's commitment to environmental conservation and combating climate change.

Wednesday, 28 August, 2019

India announces the merger of several state-run banks to strengthen...

India announces the merger of several state-run banks to strengthen the banking system and address the growing problem of bad debt. By reducing the number of state-run banks from 18 to 12, the government aims to streamline operations and improve support for the economy, which is targeting a $5 trillion GDP. Additional measures include boardroom reforms and capital infusions into the newly created banks.

Thursday, 29 August, 2019

India releases the final version of the National Register of...

India releases the final version of the National Register of Citizens for the state of Assam, potentially affecting up to 1.9 million residents who risk losing their citizenship if they fail to prove their residency. The move draws criticism for disproportionately impacting the local Bengali community and raises concerns about human rights and statelessness.

Friday, 30 August, 2019

Argentina reinstates currency controls through a Necessity and Urgency Decree....

Argentina reinstates currency controls through a Necessity and Urgency Decree. President Mauricio Macri reverses previous policies to prop up the peso currency by authorizing the central bank to restrict dollar purchases. The government aims to stabilize the exchange rate and ensure the functioning of the economy. The International Monetary Fund analyzes Argentina's measures to protect exchange rate stability and stands by the country during this challenging period.

Saturday, 31 August, 2019

Georgian Prime Minister Mamuka Bakhtadze resigns, stating that he has...

Georgian Prime Minister Mamuka Bakhtadze resigns, stating that he has fulfilled his mandate of creating and implementing a strategic development framework for the country. The ruling party is expected to nominate his successor, possibly Interior Minister Giorgi Gakharia. Bakhtadze aimed to enact liberal reforms and strengthen Georgia's ties with the EU and NATO, despite tensions with Russia.

Sunday, 1 September, 2019