{"id":15947,"date":"2026-06-11T12:34:29","date_gmt":"2026-06-11T07:04:29","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=15947"},"modified":"2026-06-11T12:49:51","modified_gmt":"2026-06-11T07:19:51","slug":"marshall-islands","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/marshall-islands\/","title":{"rendered":"Marshall Islands"},"content":{"rendered":"<h2><b>Marshall Islands Latest News<\/b><\/h2>\n<p style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The World Bank recently approved an additional US$9 million in financing to help the Republic of the Marshall Islands manage sharply higher energy costs that are affecting households, businesses, public services and the national budget. <\/span><\/p>\n<h2><b>About Marshall Islands<\/b><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>Republic of the Marshall Islands (RMI<\/b><span style=\"font-weight: 400;\">) is a <\/span><b>country <\/b><span style=\"font-weight: 400;\">located in the <\/span><b>central <a href=\"https:\/\/vajiramandravi.com\/current-affairs\/pacific-ocean\/\" target=\"_blank\">Pacific Ocean<\/a>.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It lies <\/span><b>northeast of Papua New Guinea <\/b><span style=\"font-weight: 400;\">and <\/span><b>southeast of the Federated States of Micronesia.\u00a0\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It consists of <\/span><b>29 low-lying coral atolls<\/b><span style=\"font-weight: 400;\"> comprising 1,156 individual islands and islets.\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">These atolls and islands <\/span><b>form two parallel chains<\/b><span style=\"font-weight: 400;\"> referred to as the <\/span><b>Ratak (Sunrise) chain <\/b><span style=\"font-weight: 400;\">and <\/span><b>Ralik (Sunset) chain<\/b><span style=\"font-weight: 400;\"> that are both oriented in a northwest-southeast direction.\u00a0\u00a0\u00a0<\/span><\/li>\n<li style=\"text-align: justify;\"><b>Capital: Majuro<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Official languages: English and Marshallese<\/b><\/li>\n<li style=\"text-align: justify;\"><b>Government<\/b><span style=\"font-weight: 400;\">:<\/span>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It is a<\/span><b> presidential republic with a parliamentary system.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The President is both the head of state and the head of government.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><b>Economy<\/b><span style=\"font-weight: 400;\">: <\/span><b>Agriculture and tourism<\/b><span style=\"font-weight: 400;\"> are the mainstays of the economy.<\/span><\/li>\n<li style=\"text-align: justify;\"><b>Official Currency: US dollar\u00a0<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">In 2018, RMI became the <\/span><b>first country to issue its own cryptocurrency<\/b><span style=\"font-weight: 400;\"> and<\/span><b> certify it as legal tender.<\/b><\/li>\n<li style=\"text-align: justify;\"><b>History<\/b><span style=\"font-weight: 400;\">:<\/span>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The islands have been <\/span><b>under the control <\/b><span style=\"font-weight: 400;\">of various nations throughout the last few centuries, including <\/span><b>Spain <\/b><span style=\"font-weight: 400;\">from the late 1400s to the late 1800s, <\/span><b>Germany <\/b><span style=\"font-weight: 400;\">from 1885 to World War I, and <\/span><b>Japan <\/b><span style=\"font-weight: 400;\">from 1914 to World War II.<\/span><\/li>\n<li style=\"text-align: justify;\"><b>After World War II, <\/b><span style=\"font-weight: 400;\">the RMI became a <\/span><b>part of the United Nations (UN) Trust Territory of the Pacific Islands under the United States (US)<\/b><span style=\"font-weight: 400;\"> administration.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The<\/span><b> RMI Government<\/b><span style=\"font-weight: 400;\"> was<\/span><b> officially established in 1979,<\/b><span style=\"font-weight: 400;\"> following the signing of the Constitution.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The RMI <\/span><b>gained its independence in 1986<\/b><span style=\"font-weight: 400;\"> after <\/span><b>signing the Compact of Free Association with the US, <\/b><span style=\"font-weight: 400;\">ending the UN-US Trusteeship Agreement.<\/span><\/li>\n<\/ul>\n<\/li>\n<li style=\"text-align: justify;\"><b>Compact of Free Association with the United States:<\/b>\n<ul>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">It provides the Marshall Islands with <\/span><b>financial assistance, defense protection<\/b><span style=\"font-weight: 400;\">, and <\/span><b>access to U.S. government programs.<\/b><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The Compact <\/span><b>recognises RMI\u2019s right to self-government<\/b><span style=\"font-weight: 400;\"> and seeks to promote economic development and budgetary self-reliance.<\/span><\/li>\n<li style=\"text-align: justify;\"><span style=\"font-weight: 400;\">The <\/span><b>United States<\/b><span style=\"font-weight: 400;\"> has full authority and<\/span><b> responsibility for security and defense<\/b><span style=\"font-weight: 400;\"> of the Marshall Islands.<\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><b>Source<\/b><strong>:<\/strong> <a href=\"https:\/\/www.devdiscourse.com\/article\/business\/3933050-world-bank-adds-9-million-to-help-marshall-islands-ease-energy-pressure?amp\" target=\"_blank\" rel=\"nofollow noopener\"><span style=\"font-weight: 400;\"><strong>DEVD<\/strong><\/span><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Marshall Islands is a country located in the central Pacific Ocean. Read more about Marshall Islands, Location, Capital, Government, Latest News.<\/p>\n","protected":false},"author":5,"featured_media":107663,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[1],"tags":[8074,21,22,23],"class_list":{"0":"post-15947","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-upsc-prelims-current-affairs","8":"tag-marshall-islands","9":"tag-prelims-pointers","10":"tag-upsc-current-affairs","11":"tag-upsc-prelims-current-affairs","12":"no-featured-image-padding"},"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/15947","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=15947"}],"version-history":[{"count":2,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/15947\/revisions"}],"predecessor-version":[{"id":107718,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/15947\/revisions\/107718"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/107663"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=15947"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=15947"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=15947"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}