What in the World?
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1. U.S. Federal Reserve Chair Jerome Powell issued a video message on Sunday condemning the recent Justice Department subpoenas of the Fed, which he characterized as politically motivated for his refusal to do what?
Buy more government securities
Loosen banks’ lending requirements
Cut the Fed’s short-term interest rate
Resign as chair
If U.S. President Donald Trump gets his way in controlling how interest rates are set, the results could be catastrophic, FP’s Keith Johnson reports.
2. The International Court of Justice began hearings on Monday in a case accusing Myanmar of committing genocide against its Rohingya minority. What religion do the majority of Rohingya practice?
Islam
Catholicism
Hinduism
Jainism
The Rohingya genocide has some world leaders reluctant to embrace Senior Gen. Min Aung Hlaing, who is likely to win Myanmar’s highly choreographed elections, Andrew Nachemson wrote in December.
3. The new U.S. ambassador to India, Sergio Gor, on Monday invited India to join a U.S.-led initiative focused on strengthening and coordinating supply chains for advanced technologies. What is that initiative called?
Trump Minerals Action Plan
Pax Silica
Global AI Initiative
Pax Americana
The invitation comes as the United States and India continue to negotiate on trade, FP’s Michael Kugelman © Foreign Policy
