May 2, 2006 (Tuesday)
- Nepal's new cabinet is unveiled. (New York Times)
- German hostages René Bräunlich and Thomas Nitzschke are freed. Both were taken hostage in Iraq on January 24, 2006. (BBC)
- Italian Prime Minister Silvio Berlusconi officially hands in his resignation to President Carlo Azeglio Ciampi. Berlusconi was defeated by Romano Prodi in the April 9-10 elections, but Ciampi has asked him to remain in office, "for the handling of current affairs". (BBC) (Corriere)
- Newly elected President Evo Morales orders the nationalization of Bolivia's gas industry. This process is a result of his plan to nationalize major industries, he said in his election campaign. Further nationalizations are planned in forestry and mining. (BBC)
- The thieves of the famous Edvard Munch paintings The Scream and Madonna are sentenced to four and eight years in prison. (BBC)
- The ECHL team, the Alaska Aces defeat the Las Vegas Wranglers in triple overtime to win the series 4-2.