Current Affairs 15 March 2025 | International News | India’s Domestic Affairs | Global Economic etc.
Current Affairs 15 March 2025
International News 15 March 2025
Russia-Ukraine Conflict
The ongoing Russia-Ukraine conflict continues to dominate global headlines. Russian forces have reportedly recaptured two villages in the Kursk region, signaling a potential shift in the front lines. Ukraine’s largest private energy provider has reported significant damage to its facilities due to intensified Russian airstrikes, exacerbating the country’s energy crisis.
In a diplomatic move, UK Prime Minister Sir Keir Starmer is preparing to present a comprehensive peace plan to approximately 25 world leaders. He has cautioned Russian President Vladimir Putin against “playing games” with the ceasefire proposal initiated by the Trump administration.
Italy has expressed willingness to contribute peacekeeping troops, contingent upon a clear United Nations mandate. However, Russia’s conditional ceasefire terms, which include halting Western military supplies to Ukraine, have been met with skepticism. Supported by French President Emmanuel Macron, Starmer aims to pressure Putin into earnest peace negotiations.
Meanwhile, Ukrainian air defenses have successfully intercepted numerous Russian drones and ballistic missiles, showcasing their resilience. The G7 foreign ministers have issued a stern warning to Russia, threatening new sanctions unless it agrees to an equitable ceasefire.
Also read, SSC CGL 2025 Notification and Exam Details
Global Economic Developments
The UK economy experienced an unexpected contraction of 0.1% in January 2025, primarily due to declines in the manufacturing and construction sectors. This downturn presents challenges ahead of Chancellor Rachel Reeves’ upcoming spring statement on March 26, amid ongoing Brexit-induced economic turbulence.
In Germany, a significant fiscal development occurred as incoming Chancellor Friedrich Merz secured Green Party support for increased state borrowing and reforms to debt rules. This agreement has buoyed European stocks and strengthened the euro.
In the United States, concerns are mounting over the economic impact of President Trump’s trade policies. Tesla, among other companies, has warned of potential adverse effects on the electric vehicle industry. Additionally, the U.S. has sought egg imports from Denmark to address domestic shortages.
While the stock market showed some rally, overall sentiment remains cautious, with Wall Street facing a potential fourth consecutive week of losses amid heightened trade tensions and economic uncertainties. Gold prices have surged, reflecting investor demand for safe-haven assets.
U.S. Political Landscape
In the United States, the Democratic Party is undergoing a strategic shift to regain traction after losing federal power and experiencing declining popularity. Notably, California Governor Gavin Newsom has launched a podcast featuring discussions with MAGA representatives, aiming to engage directly with conservative audiences. Other prominent Democrats, including Alexandria Ocasio-Cortez, Bernie Sanders, and Tim Walz, are touring Republican districts to bridge ideological divides. Additionally, the Democratic think tank Third Way is launching the “Signal Project” to craft effective responses to President Trump’s policies.
The U.S. government faces an impending shutdown, with Senate Minority Leader Chuck Schumer potentially supporting a GOP-led funding bill to prevent it. The Immigration and Customs Enforcement (ICE) agency is grappling with a $2 billion deficit, necessitating urgent Congressional support. In a somber note, renowned sports writer John Feinstein has passed away at the age of 69. Additionally, a rare Blood Moon eclipse occurred early this morning, captivating skywatchers across the nation.
India’s Domestic Affairs 15
India is set to auction its first Exploration Licences (ELs) in Goa, a move aimed at unlocking critical mineral resources. The Ministry of Mines will host the event on March 13, 2025, featuring a roadshow and an AI Hackathon to promote technological advancements in the mining sector.
On the legislative front, the Parliament has passed the Railways (Amendment) Bill 2024, aiming to modernize the nation’s railway infrastructure and improve safety standards. Additionally, the Lok Sabha has approved the Bills of Lading Bill, 2024, to streamline maritime trade and enhance regulatory frameworks.
Environmental and Health Updates
Delhi has been declared the world’s most polluted capital, raising concerns about air quality and public health. The government is under pressure to implement stringent measures to combat pollution and protect citizens’ well-being.
World Kidney Day was observed on March 13, 2025, highlighting the importance of kidney health and encouraging preventive measures against kidney diseases. Various health organizations conducted awareness campaigns and free health check-ups to mark the occasion.
Sports Highlights
India clinched the Champions Trophy 2025, showcasing exceptional performance throughout the tournament.
The victory has been celebrated nationwide, with accolades pouring in for the team from various quarters.
Astrological Event
The first Mercury retrograde of 2025 began on March 15 in the sign of Aries and will transition into Pisces on March 29, concluding on April 7.
This period is traditionally associated with disruptions in communication, cognition, and travel. Astrologers advise focusing on themes such as reflection, revision, and reconciliation during this time.
As Mercury retrograde progresses from the fiery and direct Aries to the dreamy and mutable Pisces, the nature of its effects may shift from impulsivity to potential confusion.
Individuals with personal planets in cardinal signs like Aries, Cancer, Libra, and Capricorn, and mutable signs like Gemini, Virgo, Sagittarius, and Pisces, are likely to feel its impact more profoundly.
Strategies to navigate this period include cautious communication, introspection, and ensuring actions stem from genuine intentions.