Explanation

• Giles Thomson of the United Kingdom is the current President of the FATF.
• He assumed office on 1 July 2026 for a two-year term (2026–2028).
• He succeeded Elisa de Anda Madrazo of Mexico.
• Before becoming President, Giles Thomson served as FATF Vice-President (2025–2026).

Last verified on 05-08-2026

Explanation

Bolivia has recently declared its government's full independence from the IMF and World Bank,

Additional information:

World Bank:

World Bank established: July 1944

World Bank was established during: the Bretton Woods Conference

World Bank Members: 189

World Bank's aim: to provide loans and grants for various projects

World Bank headquarters: Washington, USA

IMF:

The International Monetary Fund (IMF) is a major financial agency of the United Nations and an international financial institution

IMF founded:  July 1944

IMF headquarters: Washington, USA

IMF total members: 190

IMF official language: English 

Explanation

• Headquarters: Brussels, Belgium
• NATO stands for North Atlantic Treaty Organization.
• Founded: 4 April 1949 (Washington, USA).
• Type: Military Alliance.
• Official Languages: English & French.
• Founding Members: 12

Total Members: 32

• European: 30
• North American: 2

Latest Member: Sweden (joined 7 March 2024)

• Muslim Member Country: Türkiye
• Pakistan: Not a NATO member

List of NATO member countries:

1. Albania
2. Belgium
3. Bulgaria
4. Canada
5. Croatia
6. Czechia
7. Denmark
8. Estonia
9. France
10. Germany
11. Greece
12. Hungary
13. Iceland
14. Italy
15. Latvia
16. Lithuania
17. Luxembourg
18. Montenegro
19. Netherlands
20. North Macedonia
21. Norway
22. Poland
23. Portugal
24. Romania
25. Slovakia
26. Slovenia
27. Spain
28. Turkiye
29. United Kingdom
30. United States
31. Finland
32. Sweden

Last verified on 10-05-2026

Explanation

• Headquarters: Washington, D.C., USA
• Founded: 27 December 1945
• Members: 190 countries
• Official language: English
• Purpose: Global financial stability & loans support

Last verified on 24-06-2026

Explanation

• The United Nations Convention on the Law of the Sea (UNCLOS) governs the legal rights and responsibilities of nations regarding the world's oceans.
• It promotes the peaceful use of oceans and the conservation of marine resources.
• UNCLOS is often called the "Constitution of the Oceans."

Additional information:

• Adopted: 10 December 1982
• Entered into Force: 16 November 1994
• Territorial Sea: 12 nautical miles
• Exclusive Economic Zone (EEZ): 200 nautical miles
• Contiguous Zone: 24 nautical miles

Last verified on 02-08-2026