Latest News
- European Commission launches €325 million defence projects for member states
- Iran begins week of funeral ceremonies for Ayatollah Ali Khamenei
- Interpol names Ukrainian woman Anastasiia Berezovska as suspect in Monaco bombing
- B.C. premier Eby likens condo conversion plan to liquidation below costs
- Trump calls US commitment to NATO “ridiculous” ahead of summit in Ankara
- Hosepipe ban imposed for one million people in Hampshire and Isle of Wight
- Monaco bombing suspect identified as Ukrainian woman disguised as a man
- Lithuania plans to amend constitution to lift nuclear weapons ban
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
European Commission launches €325 million defence projects for member states
July 3, 2026
4:00 pm
The European Commission has introduced five large-scale defence projects aimed at enhancing member states’ capabilities, particularly on the eastern flank. With a budget of €325 million, the projects focus on drones, maritime defence, air power, and missile defence, involving 18 member states and Ukraine in four initiatives.
Iran begins week of funeral ceremonies for Ayatollah Ali Khamenei
July 3, 2026
3:03 pm
What’s going on?
Iran has commenced a week of funeral ceremonies for Ayatollah Ali Khamenei, the country’s late Supreme Leader. The events are marked by significant public displays and security measures across the nation. Mourning periods are a critical aspect of national culture and politics in Iran.
In a contrasting take, CBS News states, “U.S.-Iran Latest: Slain supreme leader’s coffin on display as Iran gears up for dayslong funeral, with peace talks paused,” focusing on the ceremonial aspect and potential political implications. Conversely, CNN’s headline reads, “Iran sends defiant message to Trump with colossal funeral for slain Supreme Leader Ali Khamenei,” emphasising a confrontation with external powers amidst domestic mourning.
Coverage analysed: CBS News | CNN | The Times of Israel | NBC News
Interpol names Ukrainian woman Anastasiia Berezovska as suspect in Monaco bombing
July 3, 2026
2:00 pm
Interpol has identified 39-year-old Ukrainian Anastasiia Berezovska as the primary suspect in a bombing in Monaco that injured construction tycoon Vadym Yermolaiev and his family. Authorities seek her arrest based on charges of attempted murder and using an explosive device, with an investigation into potential accomplices ongoing.
B.C. premier Eby likens condo conversion plan to liquidation below costs
July 3, 2026
12:00 pm
The British Columbia government is set to convert unsold condominiums as part of a $5-billion infrastructure spending initiative announced recently by federal and provincial authorities. This measure aims to address housing shortages in the region while stimulating the economy.
Trump calls US commitment to NATO “ridiculous” ahead of summit in Ankara
July 3, 2026
11:01 am
President Trump described the United States’ relationship with NATO as “ridiculous” and “one sided,” criticising European allies for their response to the war in Iran ahead of a NATO summit in Ankara. He indicated a desire for Europe to assume greater responsibility for its own defence.
Hosepipe ban imposed for one million people in Hampshire and Isle of Wight
July 3, 2026
11:00 am
Southern Water has implemented a hosepipe ban for one million residents across Hampshire and the Isle of Wight due to critically low water levels from prolonged dry conditions. The ban, effective from July 10, aims to alleviate pressure on water supplies, particularly from the River Test.
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