Explanation

On March 4, 2025, the United States withdrew from the board of the United Nations' Loss and Damage Fund.

The fund was created at the United Nations Climate Conference (COP27) in 2022 in Egypt. 

LDF provides financial aid to regions facing losses due to climate change, including rising sea levels, extreme weather and drop failures. 

The fund is managed by a Governing Board, with the World Bank as an interim trustee for four years. 

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Explanation

The 2026 Nobel Prize in Economic Sciences in Memory of Alfred Nobel was jointly awarded to American economists Robert E. Hall and Michael Woodford. 

They were recognized for their research on the microeconomic foundations of macroeconomic stabilisation.

Additional Information:

Joel Mokyr, Philippe Aghion and Peter Howitt won Nobel Prize in economics in 2025.

Awarded for their groundbreaking contributions to understanding innovation-driven economic growth.

Joel Mokyr & Peter Howitt belongs to the USA. 

Philippe Aghion belongs to the UK. 

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Explanation

• Current Position: 72nd U.S. Secretary of State
• Assumed Office: 21 January 2025
• President: Donald Trump
• Preceded by: Antony Blinken
• Nationality: American
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Last verified on 15-07-2026

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Explanation

Through early 2026, China is the largest source of foreign direct investment (FDI) in Pakistan. 

Explanation

• JD Vance is the current vice president since January 20, 2025
• Replaced Kamala Harris.
• He is the 50th vice president of US.
• He belongs to Republican Party.
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Updated & verified on 08-04-2026