APSC – Daily Current Affairs 2 June 2025

Baerbock to Lead 80th UNGA Session: A Green Voice at the Global Stage

Germany’s Foreign Minister Annalena Baerbock has been elected President of the 80th session of the United Nations General Assembly. Known for her environmental advocacy and focus on multilateral diplomacy, Baerbock is set to bring a fresh, climate-conscious perspective to global discussions. Her leadership comes at a time when the world faces escalating geopolitical tensions, climate crises, and development gaps. The session is expected to spotlight peace, sustainability, and international cooperation. Baerbock’s election reflects the growing global trust in Germany’s diplomatic approach and highlights a shift toward stronger female leadership in international institutions.

Germany Becomes World’s Top Lender, Ends Japan’s 34-Year Run

In a significant economic milestone, Germany has overtaken Japan to become the world’s largest creditor nation for the first time in 34 years. This shift reflects Germany’s persistent trade surpluses, low domestic investment, and strong foreign asset positions. With net external assets now leading globally, Germany gains increased influence over international markets, lending policies, and development flows. Economists say this marks a change in global financial power dynamics, with Berlin’s financial stability and conservative fiscal stance positioning it as a key player in shaping the future of global capital and economic diplomacy.

WADA Re-Elects Bańka and Yang for Final Term to Continue Anti-Doping Crusade

Witold Bańka and Yang Yang have been re-elected for their final terms as President and Vice President of the World Anti-Doping Agency (WADA). Their continued leadership ensures stability in WADA’s efforts to uphold clean sport. Under their guidance, WADA has expanded education programs, tightened enforcement, and fostered international cooperation to combat performance-enhancing drug use. Their reappointment aims to complete long-term reforms, introduce advanced detection technologies, and strengthen athlete support systems. With doping still a major concern in global sports, this leadership extension is viewed as essential for maintaining fairness and integrity in international competitions.

Montenegro Returns as Portugal’s PM, Promises Steady Leadership

Luís Montenegro has been officially reappointed as Portugal’s Prime Minister following a successful election campaign emphasizing economic resilience and social welfare. His return signals policy continuity and political stability at a time when Europe faces multiple economic and geopolitical challenges. Montenegro’s priorities include green energy, digital transformation, and public sector reform. Supporters see him as a unifying figure capable of guiding Portugal through future EU negotiations and internal modernization. With public trust and parliamentary backing, Montenegro’s renewed term aims to deliver results while preserving national unity and progressive governance.

‘Niveshak Shivir’ Launched in Pune to Boost Investor Awareness

The IEPFA, in collaboration with SEBI, launched “Niveshak Shivir” in Pune—a grassroots investor education camp designed to raise financial literacy and protect retail investors. The program offers workshops, Q&A sessions, and informational materials on investing, scams, and market basics. Targeting new and rural investors, the initiative aims to build confidence and awareness in India’s growing financial ecosystem. It’s part of a national campaign to promote informed investing and safeguard savings. By equipping individuals with the knowledge to make smart financial choices, the camp plays a key role in strengthening investor trust and market participation.

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