- Japan and US announce joint intervention to support yen amid decline
- B.C. wildfires increase, prompting evacuation orders for over 5,000 people
- Israel conducts overnight strikes in Gaza, resulting in eight fatalities
- Ohio Representative Marcy Kaptur hospitalised after Toledo car crash
- British pilot survives helicopter crash that killed two in Greece wildfire
- Greek police charge Afghan national with murder of British woman
- Hershey’s recalls some Creamy Milk Chocolate Kisses in Canada due to undeclared almonds
- Transcript of Democratic Senator Mark Kelly’s interview on Face the Nation, 2 August 2026
Financial Times - oil producers spring surprise output cut of more than 1mn barrels a day
Summary of the front page
The Financial Times splashes on the revelations from oil producing nations that they will be cutting back production by more than a million barrels a day.
According to the paper, the move has put Saudi Arabia on a “collision course” with the US as it attempts to boost prices.
Today's top stories

Japan and US announce joint intervention to support yen amid decline
Japan and the United States have confirmed a joint intervention to support the yen, which has fallen to 40-year lows. The Japanese Ministry of Finance stated the action addresses excessive volatility, with further measures possible. US President Donald Trump characterised the intervention as a sign of friendship and economic support.

B.C. wildfires increase, prompting evacuation orders for over 5,000 people
Approximately 130 wildfires are currently burning in British Columbia, according to the BC Wildfire Service, which indicates that nearly half are classified as out-of-control. Efforts to manage the situation are ongoing amid growing concerns for affected areas.

Israel conducts overnight strikes in Gaza, resulting in eight fatalities
Gaza: overnight Israeli strikes kill at least 8, including a husband and wife, amid ongoing conflict developments.
Ohio Representative Marcy Kaptur hospitalised after Toledo car crash
Ohio Representative Marcy Kaptur was hospitalised with non-life-threatening injuries following a hit-skip car crash in Toledo on Sunday. Kaptur, 80, was a passenger en route to a church service. An investigation is ongoing as authorities seek the driver who fled the scene.

British pilot survives helicopter crash that killed two in Greece wildfire
Two people have died after a helicopter collided mid-air while fighting wildfires in the Psatha region of Greece, igniting flames on impact.

Greek police charge Afghan national with murder of British woman
Greek police have charged a 26-year-old Afghan national with the murder of 38-year-old British national Elisabeth-Jane Ross, whose body was found in a suitcase in Athens last month. The suspect reportedly confessed to homicide, robbery, and weapon offences linked to the case.
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