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- Kata Tüttő warns of centralisation threat to European regions
- Kevin Warsh takes charge of the Federal Reserve amid rising inflation challenges
- British glider pilot Jon Gatfield dies after crash during competition in Italy
- Ukraine demands full EU membership amid renewed accession discussions
- Armenia signs partnership agreement with the US ahead of elections
- Court restricts Alabama from using congressional map with one majority-Black district
- Janice Nix found guilty of manslaughter of five-year-old stepdaughter in 1978
- British father reportedly tortured in Dubai jail as family seeks proof of safety
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
Kata Tüttő warns of centralisation threat to European regions
May 26, 2026
11:00 pm
Kata Tüttő, former deputy mayor of Budapest, expressed concerns about the impact of Viktor Orbán’s governance, stating the city “suffered a lot.” As President of the European Committee of the Regions, she cautioned against a “wave of centralisation” that poses risks to Europe’s regions.
Kevin Warsh takes charge of the Federal Reserve amid rising inflation challenges
May 26, 2026
9:00 pm
Federal Reserve Chair Kevin Warsh faces significant challenges with upcoming inflation data expected to show an annual rate of 3.9% for April, the highest since May 2023. Competing pressures from President Trump for lower rates and rising inflation complicate Warsh’s commitment to reshape Fed operations while maintaining independence.
British glider pilot Jon Gatfield dies after crash during competition in Italy
May 26, 2026
8:00 pm
British glider pilot Jon Gatfield, 68, died in a crash during the FAI Sailplane Grand Prix in Bergamo, Italy, prompting an investigation into the incident.
Ukraine demands full EU membership amid renewed accession discussions
May 26, 2026
7:00 pm
Taras Kachka, Ukraine’s Deputy Prime Minister for European Integration, emphasised the need for “fast, merit-based, full membership” in the European Union, rejecting alternative proposals such as associate membership. He urged for the opening of all negotiation clusters by June to expedite Ukraine’s EU accession process.
Armenia signs partnership agreement with the US ahead of elections
May 26, 2026
6:00 pm
Armenia has formalised a strategic partnership with the United States, as Prime Minister Nikol Pashinyan prepares for parliamentary elections amid rising pro-Russia sentiment. The agreement, signed by US Secretary of State Marco Rubio and Armenian Foreign Minister Ararat Mirzoyan, includes a framework for critical minerals and a transit corridor.
Court restricts Alabama from using congressional map with one majority-Black district
May 26, 2026
5:00 pm
A federal district court has temporarily barred Alabama from using its 2023 congressional map, ruling it racially discriminatory. The court ordered the state to revert to a previously approved map featuring two majority-Black districts for the next elections, allowing the option to adopt a new plan.
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