Latest News
- EU regulators assess potential violations of law by Facebook and Instagram’s design choices.
- US demands Iran cease attacks on shipping in the Strait of Hormuz.
- Kananaskis recovers from floods but some trails remain closed
- Hegseth expresses frustration over grooming standard non-compliance by troops
- Ukraine targets 49 ships from Russia’s shadow fleet in recent attacks
- Belgium to introduce road tax for foreign drivers starting May 2027
- Graham Platner withdraws from Maine Senate race amid ongoing allegations
- US Agrees to Continue Talks with Iran as Trump Claims Ceasefire Is Over
Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat
Summary of the front page
The Financial Times says savers withdrew nearly $60bn from US banks Charles Schwab, State Street and M&T in the first quarter as customers moved their money in search of higher interest rates. Traditional banks could face further threat because of Apple and Goldman Sachs’ new savings account in the US that will pay 4.15% interest a year, it reports.
The paper’s main image is of Vladimir Kara-Murza, a Russian opposition activist, during a court hearing in Moscow where he was sentenced to 25 years in prison for treason.
Today's top stories
EU regulators assess potential violations of law by Facebook and Instagram’s design choices.
July 11, 2026
10:01 am
EYES ON EUROPE
This morning, the European Union prioritises collaboration and key policy challenges amidst ongoing geopolitical tensions.
Regulatory updates are expected to shape economic landscapes across Europe.
US demands Iran cease attacks on shipping in the Strait of Hormuz.
July 11, 2026
8:01 am
EUROPE PROPOSALS
Europe discusses implementing navigational fees in the Strait of Hormuz today.
This follows heightened tensions and calls for enhanced maritime security measures.
Kananaskis recovers from floods but some trails remain closed
July 11, 2026
5:00 am
Heavy rainfall in Kananaskis two weeks ago caused significant flooding, leading to evacuations and a bridge collapse. As the area begins to recover, conditions are improving with the land drying out in preparation for summer.
Hegseth expresses frustration over grooming standard non-compliance by troops
July 11, 2026
3:00 am
Senior Pentagon officials are intensifying enforcement of grooming and fitness standards for U.S. service members following Defence Secretary Pete Hegseth’s directives. Recent measures include the potential discharge of those failing to comply after medical waivers due to ongoing concerns about military readiness and discipline standards.
Ukraine targets 49 ships from Russia’s shadow fleet in recent attacks
July 11, 2026
2:00 am
Ukrainian strikes have severely impacted Russia’s shadow fleet, resulting in the loss of 49 vessels this week and escalating fuel shortages across the country.
Belgium to introduce road tax for foreign drivers starting May 2027
July 11, 2026
1:00 am
Belgium’s three regions have announced the introduction of a road tax starting 1 May 2027, affecting both domestic and foreign drivers. The tax requires vehicle registration, with annual fees ranging from €90 for zero-emission cars to €125 for higher polluting vehicles.
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