Current Affairs Global - 14 May 2015

1. The economy of the euro zone grew by 0.4% in the first quarter of the year as per the official figure which was also the fastest quarterly growth rate in last two years.


Germany's economy grew by 0.3% which was lower than expectations while Frace grew by more than expected at less than expected while France-s economy grew faster than forecast.


2. China overtook the United States to become the world's top importer of crude oil for the first time in April. As per the Reuters latest data, China's crude oil imports hit 7.4 million barrels a day (bpd) last month compared to United States' estimated imports of 7.2 million bpd in April.