Current Affairs International - 28 January 2016

1. International Day of Commemoration in memory of the victims of the Holocaust was observed yesterday (27th January) across the world like every year as started by the United Nations General Assembly. The theme for the year 2016 including the Holocaust Memorial Ceremony is- The Holocaust and Human Dignity-. The day marks the anniversary of the liberation of the Nazi German Concentration and Extermination Camp of Auschwitz-Birkenau by the Soviet troops in 1945.


2. Microsoft founder Bill Gateshas been ranked as the world's wealthiest man with a net worth of USD 87.4 billion, according to Wealth-X report published today. He is followed by Spain's Amancio Ortega, Co-founder of Zara, with a net worth of USD 66.8 billion and Berkshire Hathaway CEO Warren Buffet, and Amazon CEO Jeff Bezos.


3. Germany based engineering giant Siemensagreed to acqauire software company CD-adapcoin a USD 970 million deal with an aim to strengthen its core industrial business. Established in 1980,CD-adapco makes and distributes applications for computer aided engineering used to simulate the workings of an engine.


4. US Central Bank, the Federal Reserve had kept the interest rates unchanged yesterday due to global economic weakness and lower economic growth. It also said that it is closely monitoring global economic and financial developments, but maintained an otherwise upbeat view of the US economy.


It has kept the interest rate unchanged at 0.25% to 0.50% after increasing rates in December last year for the first time since 2008.


5. The IMF has announced implementation of its long pending quota reforms which was approved by the US Congress last year. The new reforms will give more voting rights to emerging economies including India and China. Post this reform, four emerging market countries (Brazil, China, India, and Russia) will be among the 10 largest members of the IMF for the first time.


6. Australian cricketer David Warner won the prestigious Allan Border Medal for 2016, considered to be most important cricketing award of Australia. He earned 240 votes from players, umpires and media representatives to beat 2015 winner and Captain Steve Smith who earned 219 votes followed by Pace bowler Mitchell Starc who got 183 votes.