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Quiz Current Affairs 2025-26 February 2025

the year 2023, Mexico provided 63 percent of U.S vegetable imports, and almost half of the U.S fruit and nut imports.

USAID 2025 status

Administration under the President Donald Trump has taken drastic actions on the American agency mandated with the role of providing humanitarian aid in foreign countries.

During the Cold War, the USAID (U.S. Agency for the International Development) had been founded by the Then-President John F. Kennedy.

In 1961, the Congress enacted the Foreign Assistance Act and Kennedy established the USAID as a stand-alone agency.

Proponents of USAID claimed the U.S. aid to the countries is a counter to Russian and Chinese interference.

There had also been a 90-days freeze on foreign assistance issued by Trump on the first day of his office.

Deflation in Sri lanka

 

In January 2025, the consumer prices in Sri Lanka declined by 4.0 percent.

This rated is the highest deflation rate this has been experienced since July 1960.

The Colombo Consumer Price Index also reveals January was the fifth consecutive month of deflation.

Deflation is the continuing fall in the average price level of products and services.

It comes about when supply surpasses demand and this causes spending among consumers to decrease.

During the time of the country being in the state of economic crisis, inflations peaked at 69.8 percent in September 2022.

In 2022, after the crash, Sri Lanka had obtained a bailout loan of $2.9 billion of the International Monetary Fund (IMF).

Fentanyl Crisis

In Canada, two people have been accused following their arrest on suspicion of possession of 8 kg of fentanyl which could be worth millions of doses.

The US prosecution charged two firms based in Surat with exporting fentanyl precursor, under misrepresentation in the same as Vitamin C.

Fentanyl is a very addictive synthetic opioid.

It is also estimated to be around 50 times more extensive in strength than heroin and 100 times than morphine.

China In 2019, China declared fentanyl a controlled narcotic and then added some synthetic chemicals used to synthesize fentanyl to the list.

Panama and BRI Initiative

Panama President declared that it has withdrawn its participation in China Belt and Road Initiative (BRI).

China has introduced the BRI in 2013.

It has been one of the fundamental tools

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