The tourism sector in Tunisia has been hit hard by political instability and rising Islamist violence since the 2011 revolution. The recent jihadist attack on the Bardo national museum in Tunis has further worsened the situation, with many hotels and establishments closing down. The summer season, which represents 60 to 70 percent of annual revenues, looks bad and the best scenario would be a five-percent decline in revenues compared with last year.

Muhammad Ali's 16-year-old grandson, Biaggio Ali-Walsh, is a three-star running back at Bishop Gorman in Nevada. He has already received scholarship offers from UNLV and Louisville. Ali-Walsh is known for his speed, running a 4.38-second 40-yard dash, which would have been the best among all running backs at this year's NFL Scouting Combine. He also has the strength to break multiple tackles and keep running. Despite the pressure of being Ali's grandson, Ali-Walsh is determined to make a name for himself in football.

Mario Draghi, the European Central Bank chief, wants Europe to unleash its untapped potential for higher output, employment, and welfare. He emphasizes the importance of structural reform and argues that now is the perfect time to make those reforms with a cyclical upturn in the eurozone. Draghi has no powers or authority over this sort of thing, other than to hector national governments. He's a big fan of reform, and he wants to make sure everyone knows it.

As the Cannes Film Festival approaches its weekend awards ceremony, critics are divided on the movies seen so far. Some are polarized on whether cinema is more entertainment or art, while others show cultural bias. US and British press and industry types are plumping for 'Carol', while continental Europeans are more seduced by 'My Mother'. Two other Cannes movies, 'Youth' and 'Son of Saul', are also seen as worthy leading contenders. Only one movie has been unanimously panned.

FX's upcoming True crime anthology series, 'American Crime Story: The People v. O.J. Simpson,' will explore the O.J. Simpson trial from the perspective of the lawyers. The first photos of the cast have been released, and Business Insider has shown them side-by-side with the real people they'll be playing. The cast includes Cuba Gooding Jr. as O.J. Simpson, David Schwimmer as Robert Kardashian, Courtney B. Vance as attorney Johnnie Cochran, John Travolta as attorney Robert Shapiro, and Sarah Paulson as deputy district attorney Marcia.

Napoli faces a crucial weekend in their fight for a Champions League place with Rafael Benitez's men away to treble-chasing Juventus and rivals Lazio hosting Roma in the city derby. Napoli, in fourth place three points off a Champions League place, visit a Juventus side still bubbling with joy after their 2-1 Italian Cup final victory over Lazio on Wednesday.

Greek Prime Minister Alexis Tsipras held 'friendly and constructive' debt talks with the leaders of France and Germany Thursday, but gave no sign of a breakthrough ahead of a crucial June deadline. The three 'agreed on the need for the Greek authorities to keep working with the three institutions', the aide said, referring to Athens' 'troika' of creditors — the European Union, the European Central Bank, and International Monetary Fund.

Klarna, a Swedish online payment company, believes that its one-click payments could revolutionize the way we consume media online and ultimately save the newspaper industry. Klarna's technology allows any retailer to put the equivalent of Amazon's 'buy with one click' button on its site, which improves conversion rates. The company has attracted money from Silicon Valley's renowned venture capital fund Sequoia Capital and processes 30% of all online purchases in Sweden. Last year, it processed $9 billion worth of transactions globally.

The German GDP grew 0.3% in the first quarter, while the Bank of Japan held off on stimulus. Greek Prime Minister Alexis Tsipras held debt talks with the leaders of France and Germany. Hewlett-Packard will sell a controlling 51 percent stake in its China-based data-networking business to China's Tsinghua Unigroup for at least $2.3 billion. Charter is in talks with Time Warner Cable about a bid that is likely to be well above $170 per share expected by some analysts. Italy passed a new law to tackle corruption.

The idea of launching a parallel currency alongside the euro to solve Greece's problems is bound to fail. A transitory regime, a smoke-and-mirrors version where nobody knows precisely whether Greece is in or out, would be a better option. A parallel currency that acts as a medium of exchange but not necessarily as a store of value or unit of account, with its denomination being the euro, would be the preferred choice. However, launching a fully independent currency may send a strong signal to financial markets that the government in Athens was preparing the way for Greece to slide out of the euro, causing financial markets to start pulling out as many euros as they could and external creditors to likely refuse to roll over their loans on fear that they would not be able to be paid back.