Current Affairs

‘Permacrisis’, a term that describes ‘an extended period of instability and insecurity’, has been named Word of the Year 2022 by Collins dictionary The word relates to the challenges posed by climate change, the war in Europe, a cost-of-living crisis and political chaos. It was first used in academic contexts in the 1970s. In 2020, Collins picked “lockdown” as its word of the year and last year, it opted for “NFT- Non-fungible token”.

Pakistan and six other nations facing climate risks called `pathfinder countries` will be the first recipients of `Global Shield` funding, it was announced at the COP27 summit in Egypt on November 14, 2022. Bangladesh, Costa Rica, Fiji, Ghana, the Philippines and Senegal were identified as the other recipients of the package by the Vulnerable 20 Group of Finance Ministers (V20) of 58 climate-vulnerable economies and the Group of Seven (G7). The `Global Shield` initiative for pre-arranged financial support has been designed to be quickly deployed in times of climate disasters.

Pakistan and six other nations facing climate risks called `pathfinder countries` will be the first recipients of `Global Shield` funding, it was announced at the COP27 summit in Egypt on November 14, 2022. Bangladesh, Costa Rica, Fiji, Ghana, the Philippines and Senegal were identified as the other recipients of the package by the Vulnerable 20 Group of Finance Ministers (V20) of 58 climate-vulnerable economies and the Group of Seven (G7). The `Global Shield` initiative for pre-arranged financial support has been designed to be quickly deployed in times of climate disasters.

Pakistan became the first team to reach the final, after they beat New Zealand by seven wickets in the first semi-final. In the second semi-final, England beat India by ten wickets to advance. Both of the teams were looking to win their second ICC Men’s T20 World Cup title. In the final, England beat Pakistan by five wickets to win their second ICC Men’s T20 World Cup title.