Current Affairs Global - 24 February 2014

1. Egypt's Interim Prime Minister Hazem El-Beblawi announced resignation of its government in a surprise move today. He announced his cabinet's resignation on state TV and the actual reason was unknown. He was appointed as Prime Minister after the army toppled President Mohamed Morsi-s government last July after mass protests against his rule.

2. Oleksandr Turchynov, the Speaker of Ukraine was named as the interim President of the country on 23 February 2014. Before that MPs voted to remove former President President Viktor Yanukovych on 22nd February after he rejected a trade deal with the European Union in favor of its closer ties with Russia. After this Ukraine can look for closer ties with EU to get more financial as well as political support.

3. G-20 financial leaders have announced to generate USD 2 trillion in extra output in next five years after its 2-day meeting held in Sydney on 22-23 February to give a much needed boost to world economy. This will increase overall GDP of G-20 countries by 2%. It will also create millions of new job across these nations.

4. Sochi Winter Olympics concluded yesterday after 17 days of full-fledged sports action. Host nation Russia finished on top of the medal table with 13 Gold, 11 Silver and 9 Bronze followed by Norway. After conclusion, the Olympic flag to the mayor of the South Korean city of PyeongChang which will host the next Winter Olympics in 2018. India failed to win any medal in the Sochi Olympics.

5. Pakistan defeated England by 3 wickets to enter into the final the ICC Under 19 cricket World Cup on 24th February. Pakistan will play against the winner of the second semifinal which will be played between Australia and South Africa. India defeated Sri Lanka by 76 runs to secure fifth place in the tournament.