Current-Affairs-3rd-March-2025

MLC Daily Current Affairs – 03 March 2025

Today in History (March 3rd,2005)

On March 3, 2005, American adventurer Steve Fossett made history by becoming the first person to complete a solo nonstop circumnavigation of the globe without refueling. He accomplished this remarkable feat in over 67 hours of continuous flight before successfully landing in Kansas, setting a groundbreaking aviation record.

Summary of Today’s News

U.K., other nations will work on Ukraine deal: Starmer

The U.K., in collaboration with France and other nations, plans to draft a peace deal between Ukraine and Russia, which will be presented to U.S. President Donald Trump. Announced by U.K. Prime Minister Keir Starmer after a tense Oval Office meeting, the plan involves discussions with Ukraine and global leaders. Following talks in London with Ukrainian President Zelenskyy, a summit established a four-step process, ensuring aid to Ukraine, economic pressure on Russia, and Ukraine’s role in negotiations.

Fraud charges: court orders FIR against ex-SEBI chief, 5 others.

A special court has directed the Anti-Corruption Bureau (ACB) to file an FIR against former SEBI Chairperson Madhabi Puri Buch, three SEBI members, and two BSE officials over alleged stock market fraud and regulatory violations related to a 1994 company listing. SEBI plans to challenge the order, stating it had no prior notice. The order came two days after Buch’s tenure ended. BSE dismissed the application as “frivolous and vexatious.”

Israel cuts of Gaza aid to pressure Hamas to accept new cease -fire deal.

Israel has halted all humanitarian aid and supplies to Gaza to pressure Hamas into accepting a U.S.-proposed ceasefire extension. Egypt condemned the move, calling it “starvation as a weapon.” The first ceasefire phase has ended, and the second, involving hostage releases and an Israeli pullout, has not started. Hamas has rejected Israel’s condition to extend the ceasefire through Ramadan and Passover. The UN and global organizations warn of severe humanitarian consequences. Netanyahu insists the ceasefire will continue only if Hamas releases more hostages.

Russia praises Trump, blames Europe for prolonging war.

Russian Foreign Minister Sergei Lavrov praised U.S. President Donald Trump’s goal of ending the Ukraine war while accusing European nations of prolonging it by supporting Kyiv. He emphasized pragmatic U.S.-Russia cooperation and suggested following the U.S.-China model for mutual benefit. Lavrov described Trump as a pragmatist focused on “common sense” policies. He criticized Europe for historical conflicts and dismissed peacekeeping proposals. He also stated that Russia distrusts Ukraine after the failure of the Minsk agreements.

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