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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Flooding concerns rise in Alberta as tornado watches affect Saskatchewan

Flooding concerns have escalated in Alberta, with Edmonton approaching a June rainfall record. Meanwhile, parts of Saskatchewan face tornado watches and severe storms, indicating a heightened weather risk across the region. Authorities are monitoring the situation closely as conditions develop.

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Serbian president vučić announces resignation and calls early elections

Serbian President Aleksandar Vučić announced he will resign in the coming weeks, calling for early presidential and parliamentary elections. His decision follows a year and a half of protests demanding early elections, triggered by a tragic railway accident. Vučić did not specify a timeline for his resignation.

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Record heatwave affects Germany, Poland and Central Europe as temperatures soar

What’s going on?
Germany and Poland are currently experiencing a severe heatwave, with record-breaking temperatures reported across both countries. This weather phenomenon has prompted health warnings and measures to mitigate the impact on vulnerable populations.
In contrasting coverage, AP News highlights “Central Europe sizzles as heat records are smashed in Switzerland, Denmark and Czech Republic,” focusing on a broader regional perspective. Meanwhile, The Guardian emphasises, “Germany and Italy swelter in heatwave as records tumble across Europe,” highlighting the specific impacts on Germany and Italy, suggesting an impending crisis.
Coverage analysed: AP News | The Guardian

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Australia to double fines for Big Tech over children bypassing social media ban

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