Top news: Two months of political gridlock in Italy came to an end Sunday with the swearing in of a grand coalition government headed by Prime Minister Enrico Letta, a member of the center-left Democratic Party. Letta's coalition brings together his Democratic Party with Silvio Berlusconi's People of Liberty party, forming a unity government with backing from both sides of the aisles and a mandate to implement reforms to Italy's sclerotic economy.
But Monday's ceremony was marred by the shooting of two police officers standing guard outside the prime ministers office. The man responsible for the shooting, which also injured a pregnant passerby, was an unemployed bricklayer from Calabria driven to desperation who said that he had intended to target politicians, but when he was unable to reach them decided to shoot the police instead. The shooting, which took place as the government was being sworn in, served as a poignant reminder of the ills this new government faces: rampant unemployment that threatens to turn into a social crisis.
"He is a man full of problems, who lost his job, who lost everything," Rome Prosecutor Pierfilippo Laviani told reporters. "He was desperate."
Italian markets responded positively to the swearing in of the new government. The Italian stockmarket inched up 1.4 percent while Italian bonds traded under 4 percent for the first time since 2010.
Bangladesh: A fire broke out Sunday at a collapsed garment factory in Bangladesh where rescue workers are conducting a frantic search for survivors. The fire broke out as people at the site sought to extract a woman pinned in the rubble, but the fire apparently killed her. So far, the death toll has reached 377, but that number may increase as workers continue to pull bodies from the rubble. The owner of the building, Sohel Rana, was arrested near the Indian border.
- The Syrian prime minister narrowly escaped an assassination attempt when a bomb went off near his convoy.
- Five car bombs across various Shiite areas of Iraq killed 26 and wounded dozens.
- The Iraqi government revoked the liscence of Al Jazeera and nine other television stations, alleging they are inciting sectarian conflict.
- According to the New York Times, the CIA has attempted to buy influence with Afghan President Hamid Karzai by dropping off bags filled with cash totalling tens of millions of dollars.
- The last 50 South Koreans still remaining at the jointly operated industrial park at Kaesong are expected to leave today.
- A suicide bombing in Pakistan killed the son and nephew of an Afghan official involved in peace negotiations with the Taliban, in addition to killing four others and wounding 30.
- The Greek parliament approved a plan to lay off 15,000 civil servants by the end of next year as part of reforms required by its creditors.
- Voters in Iceland ousted a center-left coalition and restored to power the center-right grouping that held power in the run-up to the country's financial crisis.
- A large explosion, believed by police to have been caused by a natural gas leak, injured up to 40 people in downtown Prague.
- During a visit to Mali, the French defense minister said his country will keep up to 1,000 troops there after the arrival of U.N. peacekeepers.
- A report by a U.S.-based NGO alleges that Joseph Kony received support and protection from the Sudanese government.
- According to a Nigerian government report, Boko Haram was paid a ransom of $3 million to release from captivity a French family of seven.
- The Venezuelan government arrested an American documentary filmmaker and accused him of fomenting unrest in the aftermath of the country's contested presidential election.
- Venezuela's election commission said that an audit of the country's recent presidential election will begin May 6 but denied opposition demands for a full recount.
- Some 400 people in Mexico's Veracruz state protested against attacks on the press and demanded justice in the case of the killing of Regina Martinez, an investigative journalist.