Current Affairs Global - 26 September 2014

1. US economic growth for the previous quarter has been revised upward to 4.6% which is the highest growth in last 2 and half years. This is the best performance since fourth quarter of 2011 and much better than 2.1% contraction in the previous quarter.


The growth is broad based and confirms strong economic recovery for the largest economy in the world. Also US economic Growth estimates for the July-September quarter has been revised as high as 3.6%.


2. Former U.S. spy agency contractor Edward Snowden and Alan Rusbridger, editor of The Guardian have been jointly awarded with the Right Livelihood Award this week. Edward Snowden was awarded for his courage and skill as he revealed USA surveillance details and Alan Rusbridger, was awarded for writing extensively on government surveillance, based on leaks of Edward Snowden.


The Right Livelihood Award, established in 1980, is also known as Alternative Nobel prize of Sweden.