Current Affairs Global - 22 May 2014

1. Thailand-s Army seized power in a bloodless coup and it suspended the Constitution and declared night curfew across the country after month-s long anti-government protests. The Army also ordered all television and radio stations to suspend their usual programmes and replace with the army's statements.


Army Chief General Prayuth Chan-ocha addressed in a national television saying the coup was necessary to restore stability and order after six months of political deadlock and turmoil.


2. Business activity in the euro zone maintained its growth momentum in May as the latest Purchasing Managers' Index (PMI) compiled by Markit dipped to 53.9 compared to 54.0 in April. Any reading higher than 50 indicates growth.


At the same time, the HSBC compiled China Manufacturing PMI increased to 49.7 in May compared to 48.1 in April. Any reading lower than 50 indicates contraction in the manufacturing sector.