Current Affairs Global - 25 July 2014

1. Ukraine-s prime minister, Arseniy Yatsenyuk, resigned yesterday as Ukraine parliament failed to pass legislation to take control over the country-s increasingly precarious energy situation and to increase army financing. His resignation will worsen the current situation in Ukraine when it is struggling to fund a war with pro-Russian rebels in the war conflict zone of East Ukraine.

2. The UK economy grew by 0.8% in the second quarter of the current year. On Annual basis GDP grew by 3.1%. Recently IMF has forecasted UK economy to grow at the fastest pace among the G7 developed nations with growth rate of 3.2% in 2014.