Daily Current Affairs, 20th May 2018

1) Russia Unveils World's 1st Floating Nuclear Power Station

•Russia unveiled the world's first floating nuclear power station at a ceremony in the port of the far northern city of Murmansk, where it will be loaded with nuclear fuel before heading to eastern Siberia. Built in Saint Petersburg, the Akademik Lomonosov arrived in Murmansk where it was moored in the port and presented to the media. 

•Constructed by the state nuclear power firm Rosatom, the 144 by 30 metre (472 by 98 foot) ship holds two reactors with two 35 megawatt nuclear reactors that are similar to those used to power icebreaker ships. 

2) Japanese Director Wins Cannes' Top Award

•Asian, Arab, and women filmmakers scored big at the closing ceremony of the 71st Cannes Film Festival, while Japanese director Hirokazu Kore-eda took home the top prize -- the Palme d'Or. Kore-eda, in the festival's main competition for the fifth time, won the Palme d'Or for 'Manbiki Kazoku' (Shoplifters).

•Kore-eda is only the second Asian Palme d'Or winner this millennium (after Thailand's Apichatpong Weerasethakul for 'Uncle Boonmee Who Can Recall His Past Lives', 2010). This is the seventh time that a director from Asia has bagged the coveted trophy. 

•Other Awards:

1.The Best Director prize went to Poland's Pawel Pawlikowski for the wonderfully well-crafted black-and-white 'Cold War'.
2.The Franco-Indian co-production 'Sir', directed by debutante Rohena Gera, had won the Gan Foundation Award for Distribution. 
3.The section's top prize, the Grand Prix, went to the Brazilian comedy-drama Diamantino.
4.Iranian auteur Jafar Panahi (along with co-screenwriter Nader Saeivar) figured on the Cannes 2018 winners list with Se Rokh (3 Faces), which shared the Best Screenplay prize with Italian director Alice Rohrwacher's Lazzaro Felice (Happy as Lazzaro). Lazzaro, one of three women directors in the fray, joined Labaki among this year's winners.
5.The acting honours went to Italian Marcello Fonte.
6.Jury president Cate Blanchett announced a Special Palme d'Or to 88-year-old Jean-Luc Godard's 'The Image Book'. 

3) India 6th Wealthiest Country With Total Wealth Of 8,230 Billion USD

•India is the sixth wealthiest country in the world with a total wealth of 8,230 billion US dollars. According to the AfrAsia Bank Global Wealth Migration Review, the US is the wealthiest country in the world with a total wealth of 62,584 billion dollars. China stood at the second place with 24,803 billion dollars, while Japan is at the third place with 19,522 billion dollars.

•Total wealth refers to the private wealth held by all the individuals living in each country. It includes all their assets less any liabilities. Government funds are excluded from it. Globally, the total private wealth held worldwide amounts to around 215 trillion US Dollars.

4) South Korea Wins Asian Champions Trophy 2018

•The Indian women’s Hockey team failed to defend its crown at the fifth Asian Champions Trophy, as it lost to hosts South Korea, 0-1 in the summit clash at Donghae City, South Korea. A goal by Youngsil Lee clinched the Korean team as the winner of Champions Trophy.

•The final was India’s first defeat of the tournament. South Korea has lifted the title for the third time after having won it in 2010 and 2011. India, on the other hand, finished second best for the second time after having lost to Japan in the final of the 2013 edition. Indian striker Vandana Katariya was declared player of the tournament while youngster Lalremsiami was named as the upcoming player of the tournament.