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.

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Vehicle belonging to missing person located on BC Ferries vessel

Sunshine Coast RCMP reported the discovery of an unclaimed orange Subaru upon the arrival of the Queen of Coquitlam at Horseshoe Bay from Langdale on Thursday afternoon. Authorities are investigating the vehicle’s ownership and circumstances surrounding its presence.

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European Commission launches €325 million defence projects for member states

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.

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Iran begins week of funeral ceremonies for Ayatollah Ali Khamenei

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

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