Latest News
- Crowds gather in Tehran for Ayatollah Ali Khamenei’s funeral
- Brandon, Manitoba, declares state of emergency as river levels forecast to rise
- NASA administrator Jared Isaacman discusses agency’s plans on Face the Nation
- Police search for drink-driving father after fatal crash involving his daughter
- Questions arise over potential cannibalism in four-year-old boy’s murder
- Serbia prepares for EXPO 2027 amid ongoing EU accession discussions
- Ukraine strikes major oil terminal in St Petersburg amid conflict escalation.
- Nigel Farage failed to disclose funds from convicted fraudster, report says
Financial Times - Bank of England consider urgent reform of deposit guarantee scheme
Summary of the front page
The lead story on the front page of the Financial Times says the Bank of England is considering “urgent” reforms to its deposit guarantee scheme following turmoil in the sector last month caused by the collapse of US lender Silicon Valley Bank, which saw billions withdrawn from the firm’s UK entity.
The paper’s lead image shows smoke rising above the Sudanese capital, Khartoum, after the death toll there rose following a second day of fighting between the army and a rival paramilitary group. Another article on the paper’s front page says that China’s trillion-dollar Belt and Road Initiative has been hit by “spiralling bad loans”.
Today's top stories
Crowds gather in Tehran for Ayatollah Ali Khamenei’s funeral
July 5, 2026
10:01 pm
What’s going on?
Iran’s Supreme Leader, Ayatollah Ali Khamenei, has been buried in Tehran, attended by thousands of mourners. The funeral followed his death from undisclosed causes, leading to widespread national mourning. Khamenei’s passing marks a significant moment in Iran’s leadership structure.
Two outlets highlight contrasting aspects of the event. Reuters states, “Three sons of Iran’s slain leader Khamenei appear at funeral, not his successor,” focusing on familial representation amidst leadership changes. In contrast, The New York Times reports, “Exhausted by Iran War, Tehran Transforms for Khamenei’s Funeral,” emphasising the emotional and societal impacts of the funeral on a war-weary populace.
Coverage analysed: Reuters | The New York Times
Brandon, Manitoba, declares state of emergency as river levels forecast to rise
July 5, 2026
7:00 pm
The City of Brandon has issued a state of emergency due to expected rising water levels in the Assiniboine and Shellmouth river basins. Authorities are monitoring the situation as conditions may worsen throughout the week, prompting preparations for potential further responses.
NASA administrator Jared Isaacman discusses agency’s plans on Face the Nation
July 5, 2026
5:00 pm
NASA Administrator Jared Isaacman confirmed that the agency is advancing its Artemis III mission, targeting a lunar landing by late 2028. He detailed ongoing collaboration with private companies to enhance the Swift telescope, noting the importance of continued investment amid strategic competition with China in space exploration.
Police search for drink-driving father after fatal crash involving his daughter
July 5, 2026
4:00 pm
Police have issued a warning to those sheltering Emmanuel Sakyi, who was convicted of causing his seven-month-old daughter’s death by dangerous driving. Sakyi, 31, is currently wanted after missing sentencing, while a 40-year-old woman has been arrested on suspicion of assisting him.
Questions arise over potential cannibalism in four-year-old boy’s murder
July 5, 2026
3:00 pm
A mother in New South Wales has been charged with murder after the body of her four-year-old son was discovered at their home, amid allegations of cannibalism.
Serbia prepares for EXPO 2027 amid ongoing EU accession discussions
July 5, 2026
1:00 pm
Serbia will host EXPO 2027, with 140 countries already signed up. Key topics at a recent Brussels conference included preparations for the event and Serbia’s EU accession talks, attended by prominent officials, including former Prime Minister Ana Brnabić, who addressed Serbia’s support for Ukraine amid ongoing geopolitical tensions.
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