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North Korean leader Kim oversaw testing of multiple rocket launchers: KCNA

SEOUL (Reuters) - North Korea has conducted a “strike drill” for multiple launchers and tactical guided weapons into the East Sea in a military drill supervised by leader Kim Jong Un on Saturday, the North’s state media reported on Sunday. North Korean military conducts a "strike drill" for multiple launchers and tactical guided weapon into the East Sea during a military drill in North Korea, in this May 4, 2019 photo supplied by the Korean Central News Agency (KCNA). KCNA via REUTERS The purpose of the drill was to test performance of “large-caliber long-range multiple rocket launchers and tactical guided weapons by defence units,” the Korean Central…

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Gaza-Israel violence flares into second day with rocket attacks, air strikes

GAZA/JERUSALEM (Reuters) - Gaza militants fired more than 250 rockets into Israeli towns and villages through Saturday, while Israel hit back with tank shelling and air strikes that Palestinian officials said killed four people. A ball of fire is seen during an Israeli air strike in Gaza City May 4, 2019. REUTERS/Suhaib SalemCross-border hostilities which broke out on Friday flared into a second day, with Palestinians fleeing Israeli strikes in Gaza and air-raid sirens sending Israelis running to shelters as interceptor missiles blew up rockets in the sky. The escalation, which comes just ahead of both the Muslim holy month of Ramadan and Israel’s Independence Day holiday,…

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Facebook Faces a Big Penalty, but Regulators Are Split Over How Big

WASHINGTON — Facebook’s announcement in late April that it had set aside $3 billion to $5 billion to settle claims that it mishandled users’ personal data suggested a strong consensus by federal regulators that the social media giant needed to be held accountable.But the reality behind the scenes at the Federal Trade Commission is far more complicated, reflecting the politics and give-and-take of the negotiations.The F.T.C.’s five commissioners agreed months ago that they wanted to pursue a historic penalty that would show the agency’s teeth. But now, the members are split on the size and scope of the tech company’s punishment, according to three people with knowledge…

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UK’s May steps up calls for Labour to agree a Brexit deal

LONDON (Reuters) - British Prime Minister Theresa May has stepped up calls on Labour Party leader Jeremy Corbyn to agree a cross-party deal to leave the European Union, following poor results for both parties in local elections on Thursday. Britain's Prime Minister Theresa May speaks at the Scottish Conservative conference in Aberdeen, Scotland, Britain May 3, 2019. REUTERS/Russell CheyneMay’s Conservatives lost more than a thousand seats on English local councils that were up for re-election, and Labour - which would typically aim to gain hundreds of seats in a mid-term vote - instead lost 81. Both parties have been locked in talks for the past few weeks…

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Brexit deal could be done in ‘next few days’, top Conservative says

ABERDEEN, Scotland/LONDON (Reuters) - Prime Minister Theresa May could reach a Brexit deal with the opposition Labour Party within days, a leading Conservative Party figure said on Saturday, after senior ministers urged compromise following poor local election results. Britain's Prime Minister Theresa May speaks at the Scottish Conservative conference in Aberdeen, Scotland, Britain May 3, 2019. REUTERS/Russell CheyneRuth Davidson, the Conservatives’ leader in Scotland, told party members that a cross-partisan agreement on Brexit was needed before this month’s European elections, or Britain’s major parties would face an even bigger backlash from voters. The Conservatives lost 1,332 seats on English local councils that were up for re-election, and…

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Turkey calls international community to act on ‘disproportionate actions’ by Israel

ANKARA (Reuters) - Turkey called on the international community to act on the “disproportionate actions” by Israel in Gaza, the Turkish Foreign Ministry said on Sunday, after Israeli air strikes hit a building where Turkey’s Anadolu state news agency is located. Gaza militants fired more than 250 rockets into Israeli towns and villages through Saturday, while Israel hit back with tank shelling and air strikes that Palestinian officials said killed four people. “We strongly condemn the non-differentiating attacks in Gaza by Israel, which has caused many innocent people to lose their lives or get injured, and targeted the Anadolu Agency’s building,” the ministry said in a statement.…

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Probe begins after Boeing 737 slides off runway into Florida river

(Reuters) - A team of 16 federal investigators was traveling to Jacksonville, Florida on Saturday after a Boeing jetliner with 143 people on board slid off a runway into a shallow river while trying to land at a military base during a thunderstorm, injuring 21 people. A Miami Air, Boeing 737 aircraft from Naval Station Guantanamo Bay, Cuba, sits in shallow water of the St Johns River after it slid off the runway at Naval Air Station Jacksonville, Florida, U.S., May 3, 2019. U.S. Navy/Senior Chief Mass Communication Specialist Monica R. Hopper/Handout via REUTERS The Boeing 737-800 chartered by the U.S. military was arriving from Naval Station…

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Exclusive: New training document for asylum screenings reflects tougher U.S. stance

NEW YORK/SAN FRANCISCO (Reuters) - The Trump administration has revised training guidelines for asylum officers in ways that could make it harder for migrants seeking refuge in the United States to pass an initial screening. FILE PHOTO: A sign is pictured at a fence surrounding a temporary facility for processing migrants requesting asylum, at the U.S. Border Patrol headquarters in El Paso, Texas, U.S. April 29, 2019. REUTERS/Jose Luis Gonzalez/File PhotoThe revisions to a lesson plan used by hundreds of asylum officers suggest the Trump administration is finding new ways to narrow who can access asylum as bolder policy proposals with that same goal have been blocked…

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Take Five: Vol squall coming? World markets themes for the week ahead

May 3 (Reuters) - Following are five big themes likely to dominate thinking of investors and traders in the coming week and the Reuters stories related to them. Traders work on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 3, 2019. REUTERS/Brendan McDermid1/SELL IN MAY? With cross-asset volatility at record lows, it’s a great backdrop for investors to load up on risk. Reams have been written on the reasons for falling volatility, but logic attributes it first to major central banks’ recent tilt back into dovishness, and second to the global economy’s tepid but steady expansion with few inflation surprises. So…

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Gaza-Israel hostilities flare with rocket attacks, air strikes

GAZA/JERUSALEM (Reuters) - Gaza militants fired dozens of rockets into Israel on Saturday, drawing a wave of Israeli air strikes that killed a Palestinian baby and a gunman, as hostilities flared across the border for a second day. Women look out from a damaged house that was hit by a rocket fired from Gaza over the border to its Israeli side in a village next to the border, Israel May 4, 2019 REUTERS/Amir CohenThe escalation began on Friday when a sniper from the Palestinian Islamic Jihad militant group fired at Israeli troops across the border wounding two of them, according to the Israeli military. A retaliatory Israeli…

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