U.S. Top News Early Edition: Thai troops close in on protest encampment

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Good Morning Aron, MON 17 May 2010    Thai troops close in on protest encampment BP says capturing some of oil leak, trying for more Markets punish euro, shares before EU talks Volcanic ash grounds 1,000 European flights Iran agrees atom fuel deal with Turkey, Brazil U.N. to pick Costa Rican as new climate chief: sources Iraq recount fails to overturn Allawi election win Airplane with 43 on board crashes in Afghanistan UK coalition to announce 2010 cuts next week: Osborne Four dead, many evacuated as floods sweep central Europe BP reduces Gulf oil leak Volcanic ash closes UK airports Thai protest death toll rises Thai troops close in on protest encampment May 17, 2010 08:54 AM ET BANGKOK (Reuters) - Thai protesters ignored calls by the government to leave their central Bangkok camp on Monday as troops tightened a security cordon around the area, raising fears of fresh bloodshed after 37 people died in five days of fighting. Full Article BP says capturing some of oil leak, trying for more May 17, 2010 08:51 AM ET GALLIANO, Louisiana (Reuters) - Energy giant BP said on Monday it was capturing about a fifth of the estimated oil gushing from its ruptured undersea Gulf of Mexico well and hoped to increase that amount before trying to fully stop the flow later in the week. Full Article Markets punish euro, shares before EU talks May 17, 2010 08:54 AM ET BRUSSELS (Reuters) - The euro hit a four-year low on Monday on fears that austerity measures would stifle recovery, as European finance ministers prepared to discuss tighter regulation a week after launching a $1 trillion rescue plan. Full Article Volcanic ash grounds 1,000 European flights May 17, 2010 08:27 AM ET LONDON (Reuters) - Volcanic ash from Iceland grounded 1,000 flights and delayed hundreds of thousands of passengers in parts of northern Europe on Monday, although forecasters said the situation would improve during the week. Full Article Iran agrees atom fuel deal with Turkey, Brazil May 17, 2010 08:29 AM ET TEHRAN (Reuters) - Iran agreed with mediators Brazil and Turkey on Monday it would send some of its uranium abroad, abruptly ending its refusal to countenance such a deal just as the U.N. Security Council readied tougher sanctions. Full Article U.N. to pick Costa Rican as new climate chief: sources May 17, 2010 05:32 AM ET SINGAPORE/OSLO (Reuters) - Veteran Costa Rican climate diplomat Christiana Figueres is set to be appointed as the new United Nations climate chief, sources familiar with the matter said on Monday. Full Article Iraq recount fails to overturn Allawi election win May 17, 2010 02:27 AM ET BAGHDAD (Reuters) - A cross-sectarian coalition led by secularist former Prime Minister Iyad Allawi held its two-seat win in Iraq's March 7 election after a recount of votes cast in Baghdad, elections officials said Sunday. Full Article Airplane with 43 on board crashes in Afghanistan May 17, 2010 08:32 AM ET KABUL (Reuters) - A local Pamir Airways plane with 38 passengers and five crew on board, including six foreigners, crashed in Afghanistan on Monday in the inaccessible mountainous Hindu Kush region near Kabul, officials said. Full Article UK coalition to announce 2010 cuts next week: Osborne May 17, 2010 08:42 AM ET LONDON (Reuters) - Britain's new coalition government will next Monday outline six billion pounds ($8.75 billion) of spending cuts this year ahead of its first budget on June 22, finance minister George Osborne said on Monday. Full Article Four dead, many evacuated as floods sweep central Europe May 17, 2010 09:06 AM ET WARSAW (Reuters) - Flash floods triggered by days of heavy rain have killed at least four people, forced mass evacuations and cut off power to thousands in central Europe and weather forecasts offered no hope of respite in coming days. Full Article

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