Current Affairs Global - 8 October 2013

1. Peter Higgs of United Kingdom and Francois Englert of Belgium were jointly awarded Nobel Prize for Physics 2013 for their work on theory of Higgs boson, the 'God particle'. They were awarded for the theoretical discovery of a mechanism that contributes to our understanding of the origin of mass of subatomic particles. The existence of Higgs Boson was confirmed through the discovery of the predicted fundamental particle by the ATLAS and CMS experiments at CERN's Large Hadron Collider (LHG) near Geneva, Switzerland.

2. The International Monetary Fund (IMF) has lowered its global economic growth forecast at the same time as lifting its UK growth projection. It now expects global growth of 2.9% this year, a cut of 0.3% from July's estimate. In 2014 it expects global growth of 3.6%, down by 0.2%. Despite the improvement in growth in advanced economies such as the UK and US, the IMF warned that a slower pace of expansion in emerging economies such as Brazil, China and India, was holding back global expansion. It expects growth in Russia, China, India and Mexico to be slower than it forecast in July.

3. Spain-s Rafael Nadal returned to the top of the ATP rankings for the first time in more than two years after winning US Open, as per the latest ATP ranking published yesterday. Serbian Novak Djokovic dropped to second place.