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Current Affairs May 14th 2018 | Latest Current Updates

Daily Current Affairs May 14

This Day in History – May 14

Quick Read – May 14 Current Affairs

Detail Read – May 14 Current Update

 This Day in History 
  • In the year 1607 1st permanent English settlement established in the New World at Jamestown, Virginia.
  • Israel declares independence from British administration in the year 1948.
  • In 1998 Last episode of Seinfeld on NBC (commercials are $2M for 30 seconds).

Quick Read – Latest Current Affairs May 14

  • First defence ship by private company ICGS Vikram under ‘Make in India’ docks at New Mangalore Port.
  • Ravinder Raina catapulted as new J&K BJP chief.
  • Indian Army tests ‘Air Cavalry’ concept.
  • Karnataka voters break past records with 72% turnout.
  • Narendra Modi visit successful, says Nepal’s PM Oli.
  • First climbers of 2018 reach Mount Everest summit.
  • China’s first home-built aircraft carrier begins sea trials.
  • Iraq’s election results expected within two days.
  • Apple is almost a $1 trillion company.
  • German online bank uses Bitcoins to transfer loans.
  • China’s plans to import Indian drugs fail to enthuse Indian pharma firms.
  • Snapchat rolls out new app redesign for iOS users.
  • Neymar wins French player of the year prize.
  • Hamilton wins Spanish GP to extend championship lead.
  • Zverev crushes Thiem to win Madrid Open title.
  • Manchester City’s 100-point record will remain for a long time, says Pep Guardiola.
  • Barcelona’s unbeaten La Liga run ends with wild 5-4 loss to Levante.

National News

Have complete information about National News by reading below Current Affairs May 14

First defence ship by private company ICGS Vikram under ‘Make in India’ docks at New Mangalore Port.

Apple

  • ICGS Vikram, the first in the class of seven new generation offshore patrol vessels (OPVs) arrived at its base port the New Mangalore Port.
  • It is contracted by the ministry of defence (MoD) in March 2015 under the government’s initiative of ‘Make in India.
  • The 98.2-metre-long and 15-metre wide vessel has been designed and built indigenously by Larsen and Toubro.
  • ICGS Vikram has a 3.6-metre draught, 2,140 tonnes displacement and a range of 5,000 nautical miles.

Ravinder Raina catapulted as new J&K BJP chief.

  • The Bharatiya Janata Party (BJP) appointed Jammu & Kashmir MLA from Nowshera, Ravinder Raina, as the party’s new state chief on Sunday.
  • Raina has succeeded Sat Paul Sharma, who was recently inducted as minister for housing and urban development in the state cabinet during a reshuffle on April 30.
  • Raina, a staunch RSS worker joined the BJP in 2010 and had remained state president of BJYM.

Indian Army tests ‘Air Cavalry’ concept.

  • The Indian Army has tested in the desert terrain of Rajasthan the military concept of ‘Air Cavalry’ that was used by the US Army.
  • To enhance its defence capabilities, the Army tested the concept under which weaponised helicopters carry out combined action against the enemy.
  • This being done by the Indian Army, with an eye on the future, which is focusing on strengthening its combative air assets by procuring attack helicopters.

Karnataka voters break past records with 72% turnout.

  • Karnataka Assembly elections held on Saturday has broken many past records.
  • Office of the chief electoral officer Karnataka on Sunday released final figures on voter turnout at 72.13%.
  • Dr BR Mamatha, the Additional chief electoral officer said that the turnout is most likely highest-ever voter turnout for the state since the 1952 assembly elections.

Narendra Modi visit successful, says Nepal’s PM Oli.

  • Prime Minister Narendra Modi’s state visit to Nepal was highly successful and took the bilateral ties to new heights.
  • Prime Minister of India Narendra Modi Ji and I have agreed, during Modi Ji’s successful state visit to Nepal, to address the outstanding tasks between the two countries.
  • The two countries have also agreed to form a task force of technicians to explore possibilities of developing railways and waterways, he said.

International Affairs

Latest International Current Affairs May 14 Updates from around the globe. 

First climbers of 2018 reach Mount Everest summit.

  • Eight Nepali climbers reached the top of Mount Everest on Sunday, the first of hundreds of climbers expected to summit the world’s highest mountain in coming weeks.
  • The team reached the summit on Sunday afternoon while fixing ropes for foreign climbers, who will begin this week to ascend the mountain.
  • Iswari Paudel of Himalayan Guides Nepal, the company assigned to fix the ropes, confirmed that the team has scaled the mountain. China’s first home-built aircraft carrier begins sea trials.

China’s first domestically developed aircraft carrier began sea trials today.

  • It is a historic step in the country’s mission to modernise its military to beef up its naval presence in the disputed regional waters.
  • The vessel will become the country’s second aircraft carrier and the first to be entirely built and designed inside of China when it joins the navy sometime before 2020.
  • China launched the new aircraft after it commissioned the first carrier the Liaoning, a refitted Soviet Union-made vessel in 2012.

Iraq’s election results expected within two days.

  • Iraq’s election commission says the results of the first national vote since declaring victory over the Islamic State group is expected within two days.
  • The vote Saturday saw a record low turnout, with 44 percent of eligible voters casting ballots.
  • No election since 2003 has had turnout below 60 percent. More than 10 million Iraqis voted.

Business News

Check out the latest trending business Current Affairs May 14 updates by reading the news.

Apple is almost a $1 trillion company.

Apple

  • Apple is on the verge of becoming the first $1 trillion publicly listed US company, but even if it gets there, it could soon be overtaken as Amazon.com surges from behind.
  • Started in the garage of co-founder Steve Jobs in 1976, the iPhone maker’s annual revenue has ballooned to $229 billion.
  • Apple’s market capitalization topped a record $934 billion, following its unveiling last week of a $100 billion buyback budget.

German online bank uses Bitcoins to transfer loans.

  • German Radoslav Albrecht has founded an online bank that allows clients to transfer loans anywhere in the world using Bitcoin.
  • Bitbond uses cryptocurrencies like Bitcoin to bypass the Swift international transfer system to lend money across the globe rapidly and at low cost.
  • Bitcoin is used as collateral for loans, but never as a way of transferring credit in currency internationally.

China’s plans to import Indian drugs fail to enthuse Indian pharma firms.

  • China’s much-publicised announcement to slash tariffs on 28 medicines, including cancer drugs from India, has failed to create any buzz among the Indian pharmaceutical firms.
  • On May 4, China, the second largest market for pharmaceuticals after the US, said it has removed import duties on as many as 28 medicines, including all cancer drugs.
  • China has exempted import tariffs (duties) for 28 drugs, including all cancer drugs, from May 1.

Snapchat rolls out new app redesign for iOS users.

  • After drawing criticism from users worldwide about its controversial redesign, audio-video sharing platform Snapchat has rolled out another app redesign for iOS users.
  • In the new design, snaps and chats are aligned chronologically and “Stories” from friends have been moved back to the right-hand side of the camera screen.
  • Snapchat was testing a new design in April that would move the user’s “friends’ stories” alongside the “celebrity content” in the “Discover” section.

Sports Updates

Current Affairs May 14 is bringing you with Records, titles and other updates from the world of sports.

Neymar wins French player of the year prize.

  •  Neymar was named as France’s player of the year at an awards ceremony in Paris on Sunday.
  • The Paris Saint-German superstar took the prize despite missing the last three months of the season due to injury.
  • The world’s most expensive player scored 19 goals in just 20 league games for PSG before suffering a foot injury in February.
  • Neymar, who joined in PSG’s Ligue 1 title celebrations on Saturday night, refused to discuss his future after collecting his award.

Hamilton wins Spanish GP to extend championship lead.

Racing.jpg

  • Lewis Hamilton extended his lead in the drivers’ world championship to 17 points on Sunday.
  • He roared to an imperious victory as Mercedes scored a one-two triumph at the Spanish Grand Prix.
  • It was the 64th victory of his career only Michael Schumacher on 91 has more.
  • He joined seven-time champion Schumacher and two-time champion Finn Mika Hakkinen as a three-time winner in Spain.

Zverev crushes Thiem to win Madrid Open title.

  • Alexander Zverevshowed his clay-court class by blowing away Dominic Thiem to win the Madrid Masters.
  • Zverev is marked out as a future star of the men’s game.
  • Zverev is now one of five active players to have won three, the others being Roger Federer, Nadal, Novak Djokovic and Andy Murray.

Manchester City’s 100-point record will remain for a long time, says Pep Guardiola.

  • Manchester City manager Pep Guardiola believes it will be quite some time before any team beats the 100 points.
  • Chelsea’s 95 in 2004-05 was the previous best in the 38-match per season Premier League era.
  • It was a monumental achievement not matched in the annals of the English top-flight.

Barcelona’s unbeaten La Liga run ends with wild 5-4 loss to Levante.

  • Barcelona lost 5-4 in a wild game at Levante on Sunday, ruining the champion’s chance to become the first team to finish a Spanish league season without a defeat under its current format.
  • But Barcelona roared back, with Philippe Coutinho adding two more goals to his first-half strike to complete a hat-trick.
  • Two teams pulled off the feat in the 1930s when the competition only had 10 teams compared to 20 now.

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