Current Affairs Global - 29 March 2015

1. Nobel Laureate John F Nash Jr. has been awarded with the Abel Prize 2015 for his work on partial differential equations. The prize was announced on 25th March by the Norwegian Academy of Sciences and Letters. He will share the Prize with Louis Nirenberg, Professor Emeritus at New York University's Courant Institute of Mathematical Sciences. They both will share the prize money of 760000 US dollar and they will receive the Abel Prize from His Majesty King Harald at a ceremony in Oslo in May this year.

The Abel Prize, established in 2001 by the Government of Norway, is an international prize presented annually by the King of Norway to one or more outstanding mathematicians. The prize was named after Norwegian mathematician Niels Henrik Abel. This is also referred as the mathematician's Nobel Prize.

2. Ruth Porat has been appointed as Chief Financial Officer (CFO) of world-s largest search engine giant Google. She will assume charge on 26th May 2015 and will succeed Patrick Pichette who had announced his retirement this month. Before her this appointment, Ruth was working as CFO at Morgan Stanley.

3. Brazil, the world's seventh largest economy, grew by just 0.1% in the previous year 2014. The economic growth has slowed down recently in last 4 fours after growing at a faster pace in last one decade.