President Jacob Zuma of South Africa Re-elected For Second Term
South Africa President, Jacob Zuma of African National Congress (ANC) was re-elected for second term. African National Congress (ANC) won the elections held on 7 May for the National Assembly. Results for the same were announced on 9 May. African National Congress (ANC) won 63% of the votes while the Democratic Alliance (DA) fell behind with 22% of the votes.This victory is ANC’s 5th consecutive win in national elections.

Swiss Voters Rejected World’s Highest Minimum Wage
Swiss voters rejected the Minimum Wage Initiative on 18 May.The initiative was rejected by 77 percent of the Swiss voters.The Minimum Wage Initiative, if passed, would have introduced highest minimum wage in the world at 25 US dollars for an hour (or 22 francs an hour).Twenty-five dollars an hour seems like a lot, but Switzerland is one of the most expensive countries in the world.

Petro Poroshenko Elected As Ukraine President
Petro Poroshenko was elected as the new President of Ukraine in Presidential Elections held on 25 May 2014. Poroshenko won a convincing victory after winning around 54.7% of the votes from 21 candidates on the ballot. His closest competitor was Yulia Tymoshenko, who emerged with 12.81% of the votes.

Russia, Kazakhstan, Belarus Signed Treaty Creating Economic Union
Presidents of Russia, Kazakhstan and Belarus – Vladimir Putin, Nursultan Nazarbayev and Alexander Lukashenko – have on 29 May signed a treaty on setting up the Eurasian Economic Union (EEU).

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