Headlines discussed at LNWM’s Monday morning briefing:

— U.S. interest rates will remain low, Federal Reserve Chair Janet Yellen told Congress, since the U.S. economic recovery is “incomplete.”

— A Malaysia Airlines passenger jet was shot down in Eastern Ukraine by a missile, killing all 298 aboard.

— Israel launched a military ground operation in the Gaza Strip aimed at Palestinian militants.

— Australia became the first developed nation to repeal its tax on carbon emissions.

— Microsoft announced plans to cut 18,000 jobs; 14% of its global work force.

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