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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Trump offers UFC CEO Dana White the White House press secretary position

President Trump has offered Dana White, CEO of the UFC, the position of White House press secretary, according to a Truth Social post. While it remains unclear if White will accept, he shared an image of himself at the press briefing room podium with a caption suggesting a new chapter.

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Gunman opens fire in Kraków market square killing six and injuring fifteen

What’s going on?
A gunman opened fire in Kraków’s main square, resulting in six fatalities and multiple injuries. Polish authorities are investigating the incident and have launched a manhunt for the suspect, who fled the scene. Emergency services responded quickly, treating the wounded at the location.

Coverage varied significantly, with AP reporting, “Gunman opens fire in Polish city of Krakow, killing 6 people and injuring 15,” emphasising the immediate incident and its casualties. In contrast, BBC framed the event as, “Krakow shooting updates: Gunman who killed six believed to have been inspired by far-right ideology, minister says,” highlighting potential motivations behind the attack. This contrast shifts focus from the event itself to the implications of ideology and future security concerns.

Coverage analysed: AP News | BBC | Reuters | CNN

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Paraguay’s former president Santiago Pena charged following banking scandal

Former Paraguayan President Santiago Pena has been charged with breach of trust following his impeachment over the Ueno Bank collapse, which left millions without access to their savings. Pena, accused of misusing public funds, has been placed under house arrest as protests against the bank’s failure continue nationwide.

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Canadians opt for costlier holiday destinations as Cuba flights are suspended

As Canadian airlines suspend flights to Cuba amid severe fuel shortages, travel agents note an increase in bookings to alternate sunny destinations. Mexico and the Dominican Republic are gaining popularity as Canadians adapt to rising costs for winter vacations, shifting focus away from their historically preferred location.

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House and Senate midterm races remain undecided as ballots are counted

The 2026 midterm elections have resulted in a significant shift in Congressional control, with Democrats securing at least 54 Senate seats and gaining numerous House seats. Close races remain in Alaska and Mississippi, while several districts, particularly in Florida and North Carolina, are still awaiting final results.

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