Greece to receive 10.3 billion euros bailout

German Finance Minister Wolfgang Schaeuble (R) talks with Maltese Finance minister Edward Scicluna (C) and Finnish Finance Minister Alexander Stubb (L) during a Eurogroup meeting at the European Union headquarters in Brussels on May 24, 2016. ©AFP

Here is a round-up of global news developments:

  • Eurozone finance ministers reach a deal with Greece to unlock 10.3 billion euros in bailout cash and start debt relief for the country. This comes after the Greek parliament approved a series of austerity measures.The IMF had already expressed concern that Athens would collapse without debt relief.
  • Hundreds of gas stations in France are shuttered as the workers of the country’s eight oil refineries join a national strike over new labor laws. In the southern port city of Marseille, police used tear gas and water canon to disperse workers who had blocked roads near a refinery.
  • The Turkish president says the country’s parliament will block a refugee deal with the EU if the bloc fails to grant Turkish citizens visa-free travel. Recep Tayyip Erdogan’s comments come as EU leaders are demanding Ankara abide by 72 conditions before they lift visa requirements for Turkish citizens.
  • A new report by an Israeli NGO suggests that 77 percent of Israeli hate crimes against Palestinians go without indictment. The report also criticizes Israeli police for their inaction in dealing with hate crime suspects. Israeli settlers have for years committed numerous hate crimes against Palestinians, which have left many dead.
  • The Pakistani interior minister says Islamabad cannot confirm the death of the Afghan Taliban’s leader Mullah Akhtar Mansour. Chaudhry Nisar Ali Khan said authorities will perform a DNA test on the body claimed to be the Taliban leader. The US said its drone attack killed Mansour in Pakistan last week.
  • Russia says nearly 28,000 Daesh terrorists have been killed since it launched an air campaign in Syria last September. According to Russian security officials, the figure amounts to one third of all Daesh terrorists operating in Syria. They said US-led military campaign in Syria has eliminated only 5,000 terrorists in two years’ time.
  • The UN aid chief says Lake Chad Basin is witnessing the world's most neglected humanitarian crisis. Stephen O'Brien blamed poverty, climate change, and terror for the crisis. The United Nations says Boko Haram-linked terror has displaced nearly two and a half million people in Nigeria, Niger, Cameroon and Chad.
  • Clashes erupt between police and protesters storming the presidential palace in Chile’s capital Santiago. Police managed to restore security at the presidential palace after arresting at least 30 protesters who were mostly students. The students and education workers demand that the government fulfill its promises regarding free higher education.

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