The Greek parliament has approved several economic and financial reforms after a long andacrimony emergency debate on further austerity measures. The Prime Minister Alexis Tsiprassay the outcome show that Greece honored its economic commitments. He said he wasconfident Euro Zone creditors will now unlock funds Athens needs to repay loan to theInternational Monetary Fund. Yolande Knell reports. Protesters gathered outside the parliamentbuilding, as the latest austerity measures will voted through following four days of emergencydebate. Tax rises on a range of goods and services will not be introduced over the next twoyears and Greek says Athens will gradually be transferred to a new privatisation funds. ThePrime Minister Alexis Tsipras is trying to show his sticking to the term of bailout deal, Greece'sthird third in five years that he struck with international creditors last July.
The Iraqi Prime Minister Haider al-Abadi has announced the start of a big military operation torecapture the city of Fallujah from Islamic State fighters who seized it more than two years ago.Army and police reinforcements have been sent to surround the city and the Iraqi authoritiesearlier warned civilians to leave. Fallujah is estimated to contain 60,000 civilians many of thefamilies are IS militants.
The world largest insurance company AXA says it diverting itself from all its tobacoo relatedassets. The French Multinational says this amounts to 1.9 billion dollars of equity and bounds.AXA's executive says there will be a short term cost, but they argue that in the long run,investing in a product which the World Health Organization estimate will claim hundreds ofmillions of lives this century is simply unsustainable.
The India Prime Minister Narendra Modi has arrived in Iran, the first such visit more than adecade. He is seeking to strengthen economic ties between the two countries and boostinvestment. Here is Joe Givering. India's relation with Iran suffered when Teheran was undertough international sanctions, but now Mr Modi is keen to get relationship back on track. It'spart of his wide ambitions to expand India's strategic influence and forge new businesspartnerships. A major Indian investment deal for the development of Chabahar, an Iranian portclose to the border with Pakistan is likely to be hailed in the agenda. It could provide a searoute for goods from land logged Afhanistan to India and beyond and give India alternativeaccess to central Asia.
All direct votes in Austria's presidential election have been counted, but the result is too closeto call. Norbert Hofer the candidate of the far-right and Eurosceptic Freedom Party and theformer Green party leader, Alexander van der Bellen are neck in neck. They will have to wait untilthe hundreds of thousands of postal votes have been counted on Monday. World news fromthe BBC.
President Obama has begun his visit of Vietnam, aimed to strengthening defense and economicties. The Vietnamese government is hoping that Mr Obama will announce the lifing of thepartial US arm's embargo. Mr Obama is the third US president to visit since the end of theVietnam War.
Thousands of Brazilians have taken to the street of Rio de Janeiro and Saul Polo in the lastestprotests against the acting presidnet Michel Temer. Police block roads in Saul Polo as themarch headed to Mr Temer's residence. In Rio, protesters called for his resignation.
The Veteran British film director Ken Loach has won this year's Palme d'Or, the top award atCannes Film festival with the drama I, Daniel Blake. His new film is about a carpenter innortheast England struggling to retain his state benefits. Vincent Doyle reports. In I, DanielBlake, Ken Loach has made one of his angriest films. Blake is a carpenter nearing 60 who hasheart attack and could no longer work. When state benefit withdrawn, he has no way tosupport himself. He meets a single mother Kitty, herself terrified of poverty and a relationshipsdevelops. It's a decade since Loach won the Palme D'Or at Cannes for The Wind That Shakesthe Barley. He joins a small group of directors in winning more than once. Accepting the awardKen Loach says the world was in the grip of dangerous project of austerity.
In Football, Barcelona have won the Copa del Rey, completing a Spanish League and cup doublefor the second season in a row. They beat Sevilla, Tunnel and Madrid. Both goals came in extratime. Barcelona played most of the match with ten men after Javier Mascherano was sent off.The Sevilla ended th game with just nine players. BBC news.
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