Latest News
- Trump aims to revive Keystone XL pipeline expansion in trade talks with Canada
- Progressive candidates’ primary victories shape Democratic midterm strategy
- Israeli military confirms shooting at vehicle containing five-year-old girl
- Palestinian Authority faces ongoing financial crisis amid growing challenges
- North Korea Rejects Trump-Kim Talks, Affirms US as ‘Hostile’ Presence
- European Socialists face rift as Denmark’s Frederiksen opposes Spain
- Zelensky dismisses defence minister amid calls for elections in Ukraine
- Parliament to vote on VAT increase to fund army’s defence spending
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
Trump aims to revive Keystone XL pipeline expansion in trade talks with Canada
August 19, 2026
8:00 pm
U.S. President Donald Trump aims to revive the Keystone XL pipeline expansion project in connection with a forthcoming trade deal with Canada. This announcement highlights ongoing discussions related to energy infrastructure between the two nations.
Progressive candidates’ primary victories shape Democratic midterm strategy
August 19, 2026
6:00 pm
Leftist congressional candidates have secured significant victories in recent primary races across various states, raising questions about the emerging influence of the progressive movement within the Democratic Party. Despite successes in deep-blue districts, challenges remain in competitive areas, highlighting a mixed impact on broader Democratic strategies.
Israeli military confirms shooting at vehicle containing five-year-old girl
August 19, 2026
5:00 pm
The Israeli Defence Forces have admitted to firing on a car sheltering five-year-old Hind Rajab, whose family was killed while fleeing violence in Gaza City.
Palestinian Authority faces ongoing financial crisis amid growing challenges
August 19, 2026
4:05 pm
PA financial crisis: No budget for ‘essential services’ as the PA’s capacity to maintain infrastructure, education, and health declines.
North Korea Rejects Trump-Kim Talks, Affirms US as ‘Hostile’ Presence
August 19, 2026
4:00 pm
MUSHROOM MURDER CASE
Lawyers for Erin Patterson argue her trial was unjust due to critical hotel blunder this morning.
Appeal seeks to overturn convictions amid claims of catastrophic errors.
European Socialists face rift as Denmark’s Frederiksen opposes Spain
August 19, 2026
4:00 pm
The Party of European Socialists is experiencing an internal rift, as Italian and Spanish MEPs criticise Denmark’s Frederiksen for “selective solidarity” in her alignment with Meloni against Spain over Ceuta, while the Danish Social Democrats uphold a stringent migration policy.
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