Morning Headlines for Thursday, May 7, 2015

New York Times

“Netanyahu forms an Israeli government, with minutes to spare”

“Prime Minister Benjamin Netanyahu of Israel barely met the legal deadline to form a new government on Wednesday night and will start his fourth term with the slimmest of parliamentary majorities, made up of right-leaning and religious parties.”

Reuters

“Yemen urges ground intervention to save country: letter to U.N.”

“Yemen urged the international community ‘to quickly intervene by land forces to save’ the country, specifically in the cities of Aden and Taiz, according to a letter sent to the United Nations Security Council on Wednesday.”

New York Times

“Hillary Clinton embraces a ‘Super PAC,’ trying to erode a Republican edge”

“Hillary Rodham Clinton will begin personally courting donors for a ‘super PAC’ supporting her candidacy, the first time a Democratic presidential candidate has fully embraced these independent groups that can accept unlimited checks from big donors and are already playing a major role in the 2016 race.”

AFP

“Canada lawmakers vote to ramp up spy agency powers”

“Lawmakers passed a bitterly opposed anti-terror law dramatically expanding the powers and reach of Canada’s spy agency, allowing it to operate overseas for the first time.”

Reuters

“Republican Santorum will announce decision on presidential run on May 27”

“Former U.S. Senator Rick Santorum told Fox News on Wednesday he will announce on May 27 whether he will seek the Republican presidential nomination in 2016.”

New York Times

“Conspiracy theories over Jade Helm training exercise get some traction in Texas”

“The eight-week exercise starting in July and planned for locations in Texas, New Mexico, California and other Southwestern states, they say, is part of a secret plan to impose martial law, take away people’s guns, arrest political undesirables, launch an Obama-led hostile takeover of red-state Texas, or do some combination thereof. But when Gov. Greg Abbott issued a directive to the Texas State Guard to keep watch over the military operation, seeming to give those concerns some official credence, it raised a more credible question: To what degree has the extreme become mainstream in Texas?”

Reuters

“Britain braces for election gridlock as polls predict dead heat”

“Britons voted on Thursday in the tightest election for decades; one that could cause government gridlock, push the world’s fifth-largest economy closer to leaving the European Union and stoke a second attempt by Scotland to break away.”

Associated Press

“Chile’s Bachelet asks ministers to resign”

“Chilean President Michelle Bachelet said on Wednesday that she has asked all her Cabinet ministers to submit their resignations and she will decide who stays and who leaves in the next 72 hours.”

Reuters

“Wary of bond ‘cliff,’ Fed plans cautious cuts to portfolio”

“The Federal Reserve is sketching out plans to prevent an abrupt contraction in its massive balance sheet next year, when some $500 billion in bonds expire and risk disrupting markets and the U.S. economic recovery.”

Associated Press

“IMF says Asia to lead growth in 2015 despite China slowdown”

“Asian economies will lead world growth in 2015, expanding at a 5.6 percent pace that is level with last year, as recoveries in India and Japan help to offset the slowdown in China, the IMF said in a report Thursday.”

Associated Press

“South China Sea watch: New islands rising, ASEAN worried”

“The leaders of the 10-member Association of Southeast Asian Nations — which includes the Philippines and Vietnam, the most vocal critics of China — issued a statement condemned Beijing. After an annual summit hosted by Malaysia, ASEAN said that China’s landfill work ‘eroded trust and confidence and may undermine peace, security and stability in the South China Sea.’ It said members instructed their foreign ministers to ‘urgently address this matter constructively.’”

Associated Press

“Beijing tries to tap brakes on stock market boom”

“The boom has been driven by easy credit, government encouragement for newcomers to invest and hopes the world’s second-largest economy would rebound from a deepening slump. That outlook has been clouded by weaker-than-expected economic growth and trade — yet markets kept rising. Now, Beijing is trying to nudge investors toward being more realistic without sending prices tumbling.”

Reuters

“Maersk Tigris ship released by Iran, crew safe”

“Iran has released a Marshall-Islands flagged container ship and its crew which were seized last month in one of the world’s major oil shipping lanes, the vessel’s operator said on Thursday.”

AFP

“Magnitude 7.1 quake strikes off PNG, Solomon Islands”

“A 7.1 magnitude earthquake struck in the Pacific between Papua New Guinea and the Solomon Islands on Thursday, but a tsunami threat passed and there were no reports of major damage, seismologists said.”

Associated Press

“Senate to hold test vote on Iran nuclear bill”

“The vote, scheduled for Thursday, comes after months of wrangling over the legislation while the U.S. and five other nations engage in delicate negotiations with Tehran. Negotiators have been hurrying to reach final agreement by June 30 on a pact to curb Iran’s nuclear program in exchange for relief from sanctions stalling the Iranian economy. The talks resume next week in Vienna.”

Washington Post

“Mike Huckabee calls on senators in 2016 race to resign their current seats”

“Newly-minted presidential candidate Mike Huckabee on Wednesday doubled down on his call for presidential candidates who currently hold public office to resign their positions, suggesting they’re wasting taxpayer dollars.”

Reuters

“Special Report: Why gold threatens Ivory Coast’s peace”

“The unlicensed mine is a key part of a lucrative business empire headed by the deputy commander of the West African nation’s elite Republican Guard, United Nations investigators allege. He is one of the principal players in a network of senior officers — former rebel commanders who have integrated into the Ivorian army — that has seized control of mines that generate tens of millions of dollars a year, and that engages in illegal taxation, smuggling and racketeering, they say.”

Reuters

“German spies curb Internet snooping for U.S. after row: media”

“Germany has halted its Internet surveillance for the U.S. National Security Agency in response to a row over the BND intelligence agency’s cooperation with Washington, German media reported on Thursday.”

AFP

“At least three killed in Burundi clashes: Red Cross, AFP”

“At least three people were killed in clashes in Burundi Thursday in protests over the president’s bid for a third term, according to AFP journalists and the Red Cross.”

Associated Press

“U.S., Saudi Arabia announce five-day ceasefire in Yemen ‘soon’”

“Saudi Arabia and the United States said Thursday a renewable, five-day cease-fire in Yemen’s war would start soon to facilitate aid to millions of civilians in need, if Iran-backed rebels and their allies also agree to stop fighting.”

AFP

“Probe launched into claims French soldiers raped Central Africa children”

“Judges in France will investigate claims that French soldiers raped children in the Central African Republic, the state prosecutor announced Thursday.”

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