Current Affairs Global - 21 March 2014

1. International Day of Forests is observed today (21st March) across the world by the United Nation. The theme of the International Forest Day was -Celebrating Forests for Sustainable Development-. International Day of Forests was observed for the first time on March 21, 2013 and it was established by resolution of the United Nations General Assembly on November 28, 2012.

2. Global Fitch Ratings has affirmed US credit ratings at the top-notch -AAA- level but raised the outlook for to stable from negative. The step was taken as the US federal debt limit was suspended in February. As per Fitch Ratings, -The federal debt limit was suspended in mid-February in a timely manner and in a way that avoided casting uncertainty over the full faith and credit of the US, in contrast to the crises in August 2011 and October 2013-.