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  • Current Affairs 25th June 2014

    Updated : 25-Jun-2014
    Current Affairs 25th June 2014

    Current Affairs 25th June 2014 - Important Points

    Current Affairs 25th June 2014 - Details

    Book "Blood Feud" written by Edward Klein released

    Book titled Blood Feud: The Clintons vs. the Obamas written by Edward Klein was released. The book was published by the publishing house Regnery. 

    Edward Klein is the former editor-in-chief of New York Times Magazine. The book focused upon the relationship between the Obamas and the Clintons with details on closed-door meetings buttressed by hundreds of interviews.

    The book also talked about the health of Hillary Clinton.

    Air India joined Star Alliance group

    On 23rd June 2014, Air India, the national air carrier of India, joined the global airlines grouping, Star Alliance. The decision to admit Air India into the Star Alliance was taken during a meeting of the Star Alliance Chief Executive Board (CEB) on 23rd June 2014 in London. 

    With this, Air India became the first Indian carrier to join the largest global alliance for civil aviation and became the 27th member airlines of the group. 

    Air India will be formally inducted in Star Alliance on 11th July 2014 with unveiling of the Star Alliance logo and its livery on Air India's Boeing 787 Dreamliner and an Airbus A-320. After induction, Air India on behalf of the Star Alliance would provide seamless connectivity to the passengers of Star partner airlines throughout its pan-India network.

    Membership allows Air India to share routes with the other airlines to more than 1,200 destinations, helping it to compete with Gulf carriers like Emirates, which have increased their share of long-distance flights into and out of India.

    World Vitiligo Day observed on 25 June across the globe

    On 25th June 2014 World Vitiligo Day was observed across the globe. This day is specially dedicated to people with vitiligo. The world started observing the day in 2012 with an aim to focus on the disease vitiligo with international collaborative research and public awareness campaign about the myths and reality and raise funds needed for research and education. 

    Vitiligo is a multifactorial skin depigmenting disorder with an etiology (the cause and progress of the disorder) not well understood. Most devastating for the patient with Vitiligo are the social, psychological, emotional and sexual ramifications of these disfiguring disorders.

    Gujarat announced 33 percent quota for women in police force in Gujarat

    On 24th June 2014, the Chief Minister of Gujarat Anandiben Patel announced 33 percent reservation for women in the police force. The decision will be implemented in all cadres. The decision was taken to empower women of the state and uplift them in the society. This was implemented "as part of the government's policy of women's empowerment".

    HSBC sells USD 12.5-bn worth Swiss assets to LGT Bank

    On 24th June 2014, Global giant HSBC Bank sold its Swiss private banking assets worth 12.5 billion dollars to Liechtenstein's LGT Bank. Under the transaction, LGT Bank will acquire over 10 billion Swiss francs in Assets under Management and around 70 staff.

    Upon closing, the acquired business will be integrated into LGT Bank (Switzerland) which had AUM of 21 billion Swiss francs (23.5 billion dollars) at the end of 2013.

    India is probing cases of alleged black money stashed by Indians abroad through these two banks - HSBC Geneva in Switzerland and LGT Bank.

    However, lists of Indian account holders in both places were received by India through indirect channels - HSBC list came from France and LGT list from Germany. Swiss authorities have been refusing to provide any assistance or share further information in these cases.

    Switzerland says that it cannot provide any help to Indian authorities as their requests are based on "stolen data" as Germany and France got the secret lists of account holders after certain bank employees had stolen the data.

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