Skip to main content

MARITIME BORDER DISPUTE BETWEEN KENYA AND SOMALIA

 MARITIME BORDER DISPUTE BETWEEN KENYA AND SOMALIA



□ WHY IN NEWS ?


In a move that is set to further undermine stability in East Africa, Kenya has said that it will not take part in proceedings of the International Court of Justice (ICJ) over its maritime border dispute.


□ ABOUT :-


◇ Main point of disagreement between the two neighbours is the direction in which their maritime boundary in the Indian Ocean should extend.


◇ According to Somalia, the sea border should be an extension of the same direction in which their land border runs as it approaches the Indian Ocean, i.e. towards the southeast.


◇ Kenya, on the other hand, argues that the territorial southeast border should take a 45-degree turn as it reaches the sea, and then run in a latitudinal direction, i.e. parallel to the equator.


◇ Such an arrangement would be advantageous for Kenya, whose coastline of 536 km is more than 6 times smaller than Somalia’s (3,333 km).

Comments

Popular Post

■ Can India Become A Technology Leader? India

  ■ Can India Become A Technology Leader?   ✅India is presently not a major player in the field of technology due to certain challenges and on the other side, there are many celebrated Indian technologists around the world as many of the technology giants choose an India- born techie as their leader. ✅The conversation around Indian executives at the helm of top tech companies has gathered some momentum with Parag Agrawal taking over as Twitter CEO. The major technology companies like Google and its parent company Alphabet, Microsoft and Twitter, Adobe and IBM are all headed by Indians. ● The Case of the U.S: ✅The Indian immigrants in the U.S are the part of the most educated and professionally accomplished communities in that country. ✅As of 2019, there were 2.7 million Indian immigrants in the U.S. ✅The government of the U.S has been instrumental in the triumphs of enterprise and the free market. ✅The governmental agencies have been actively supporting the research and develo...

IT NEWS

Virtual reality draws the crowds at Korea's G-Star game show Nov 28, 2014 04:20 pm | The 11th paragraph of the story "Virtual reality draws the crowds at Korea's G-Star game show," posted Friday, was unclear in its description of the relationship between the Oculus Development Kit 2 (DK2) and the Oculus Rift. DK2 is a version of the Oculus Rift. Virtual reality draws the crowds at Korea's G-Star game show Nov 28, 2014 12:15 pm | The 11th paragraph of the story "Virtual reality draws the crowds at Korea's G-Star game show," posted Friday, was unclear in its description of the relationship between the Oculus Development Kit 2 (DK2) and the Oculus Rift. DK2 is a version of the Oculus Rift. Startup SQLdep aims to help DBAs stay sane Nov 28, 2014 11:24 am | IDG News Service Czech startup SQLdep is hoping to simplify database changes and troubleshooting with its code analytics tool. BlackBerry's deal to buy vo...

Big Bank Theory: Understanding Financial Markets

Big Bank Theory: Understanding Financial Markets Dear aspirants, In continuation with our “Big Bank Theory” initiative, today we will discuss an important topic of Economics i.e. “ Understanding Financial Markets ”. Understanding Financial Markets Financial Market  – Let us explain first, If we talk about market it is not a particular tangible place but it’s refer to a group of entities which participate in borrowing and lending. The products can be classified as – bonds, equities, currencies and derivatives. It is a medium of channel between depositors and borrowers. Financial Market is divided into two parts: 1.   Money Market 2 .  Capital Market Money Market Money Market is a key element of the financial system. It is also known as  “Short Term Market ” because here trading is done  between 1 day to 365 days . In this market, trading is done for a small span of time so “Risk Factor” is very low as well as “returns are very less”. Short –t...

📍 DIFFERENCE BETWEEN FDI and FPI

  DIFFERENCE BETWEEN FDI and FPI #Stockmarket 💡 FDI is involved in setting up firms to produce goods and services. That is why it is called 'direct' institution. FPI on the other hand buys financial assets for profits. In order to remove the ambiguity that prevails on what is Foreign Direct Investment (FDI) and what is Foreign Institutional Investment (FII), it was decided to follow the international practice and lay down a broad principle that, where an investor has a stake of 10 percent or less in a company, it will be treated as FII and, where an investor has a stake of more than 10 percent, it will be treated as FDI. 💡 Since the source of funds is not revealed, the PNs are potentially unsafe. Therefore, SEBI imposed certain conditions like limits on the PNs that a single FII can issue, etc. SEBI wants the PN holders to register with SEBI and invest directly as India is a long-term growth story. SEBI policy paid off with the number of FIIs registering with the regulator go...

High Ambition Coalition for Nature and People

  Why in News Recently, India joined the  High Ambition Coalition (HAC) for Nature and People. India is the first of the  BRICS  (Brazil, Russia, India, China and South Africa) to join the HAC. Key Points About: It is  an intergovernmental group  championing a global deal for nature and people that can  halt the accelerating loss of species, and protect vital ecosystems  that are the source of our economic security. It was  launched in 2019  by  Costa Rica, France  and  Britain. It is  co-chaired by Costa Rica  and  France  and the  Ocean co-chair  belongs to the  United Kingdom. Aim: To  promote an international agreement  to protect at least 30% of the world's land and ocean by 2030  (Global 30×30 target). To  manage the planet sustainably  with no net loss of natural habitats, supported by a circular economy, and strives for the sustainable and equitable sharin...

Follow the Page for Daily Updates!