In today’s UK media various outlets deal with fallout and responses to the terror attack on an Egyptian border police base and subsequent use of hijacked armoured personnel carriers to breach the Israeli border. The Independent, Daily Telegraph and Times note Egypt’s army’s call for revenge and Israel’s Defence Minister Ehud Barak’s comments, that he hoped this would be a “wake up call for Egypt regarding the necessity to be sharp and efficient on their side”. The Times and BBC also note the Muslim Brotherhood’s accusation that Mossad was behind the attack. The Daily Mail links UK bank Standard Chartered to supporting Iran and funding terror. Regulators in New York have recently accused the bank of being a “rogue institution”. The Times includes a piece on the bleak future of Christianity in the Middle East citing the repression in Gaza and Iraq and those now fleeing Syria. The Guardian interviews Israelis in Tel Aviv reflecting on the Olympics.

The Israeli media continues to analyse the terror attack in the Sinai earlier this week. Maariv leads with Egypt’s operation against terror cells in Sinai. The paper focuses on the coordination between Egypt and Israel that allowed Egyptian aircraft to operate in the Sinai contrary to the peace agreement. Yediot Ahronot, meanwhile, claims that Egypt ignored the Israeli intelligence warnings. The paper also argues that given Egypt’s lack of intelligence regarding terror in Sinai, there is no point at this stage in Egypt deploying aircraft or troops to the region. Israel Hayom sees the incident as “Morsi’s Test”. All the papers also cover the Knesset passing the economic austerity measures last night. Haaretz focuses on the tax hike and tax breaks for international corporations. Haaretz also prominently reports that Iran’s military nuclear programme is at a more advanced stage than previously thought. Both Haaretz and Israel Hayom prominently cover yesterday’s defection of Syrian prime minister. All the media covers Israeli windsurfer Lee Korzits’ effort to gain an Olympic medal.