1.Who is Ajay Banga? : He is nominated as new world bank president candidate by US . He is an Indian – origin who has studied MBA from IIM -Ahmadabad .He has worked in Nestlé , Pepsico Inc and General Atllantic . He was president and CEO of Master card for 11 years . He was awarded Padma Shri by India. He will make history by becoming first Indian American to head world Bank. He was born in Pune and as no other nominations for the above post he will become President of world Bank. He will accelerate progress to evolve world bank to addressed 21st century challenges . World bank has to deliver on poverty alleviation and development goals .
2.Who is actress Stormy Daniel?: She is an adult actress whose legal name is Stephanie Gregory Clifford . Former president Donald Trump is accused of criminal charges on hush money payed to the above actress to avoid a scandal before 2016 US election . Personal lawyer of former president accepted that he arranged 130000 dollar hush money for 2006 sexual encounter with her . Hush money is paid normally to prevent disclosing embracing and discreditable information .If Donald Trump gets arrested in the above case he becomes the only former US president to face such criminal charges .
3.Chip War between US -China : Japan government plans to restrict computer chip – making export similar to US and Netherland . China always objected the tech hegemony of US . Japanese trade minister Nishimura informed if export are not reappropriated for military use they will continue exporting . He is expected to visit China shortly . This restriction will apply to major equipment supplier like Tokyo Electron and Nikon. Earlier US has asked for the requirement of licenses for companies exporting chips to China where US tools and software are made. This type of restrictions will help to maintain the security of nations . America has alerted its citizens from providing support for production of chips in China . Japan has several chip making equipment producers.
