Latest News
- Iranian fans unite in support of Team Melli during World Cup match in Los Angeles
- Kelowna company employs AI to map evacuation routes for wildfire season
- Mitch McConnell admitted to hospital, spokesperson confirms receipt of care
- Bungee jump workers cannot recall who was responsible for safety cord prior to fatal plunge
- EU fails to reach consensus on sanctions against Israeli minister Ben Gvir
- US fuel prices may take months to normalise following US-Iran ceasefire agreement
- Regina airport threats assessed as unfounded amid ongoing police investigation
- Trump attends G7 summit in France and announces Iran memorandum signing
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
Iranian fans unite in support of Team Melli during World Cup match in Los Angeles
June 16, 2026
7:00 am
Iran’s Team Melli drew 2-2 against New Zealand in their World Cup opener in Los Angeles, with fans celebrating each goal amid a politically charged atmosphere. Outside the stadium, a small protest occurred, but inside, supporters united under various Iranian flags, with chants of “Iran, Iran” resonating throughout.
Kelowna company employs AI to map evacuation routes for wildfire season
June 16, 2026
5:00 am
A technology company based in Kelowna, B.C., is developing tools to assist emergency officials in assessing the condition of back roads that may serve as vital escape routes during disasters. This initiative aims to enhance preparedness and response capabilities in emergency situations.
Mitch McConnell admitted to hospital, spokesperson confirms receipt of care
June 16, 2026
3:15 am
Republican Senator Mitch McConnell has been admitted to hospital, confirmed a spokesperson. While details on the admission remain undisclosed, he is reportedly engaged with Senate business. Senate Majority Leader John Thune expressed optimism about McConnell’s return to Capitol Hill later this week.
Bungee jump workers cannot recall who was responsible for safety cord prior to fatal plunge
June 16, 2026
3:00 am
Three bungee jump operators have appeared in court following the death of Maria Eduarda Rodrigues de Freitas, who fell when her safety cord was not attached.
EU fails to reach consensus on sanctions against Israeli minister Ben Gvir
June 16, 2026
2:00 am
The European Union has failed to achieve unanimous agreement on sanctions against Israeli national security minister Itamar Ben Gvir, despite increased calls from member states for punitive action. EU foreign policy chief Kaja Kallas confirmed that no consensus was reached during the bloc’s recent foreign ministers’ meeting.
US fuel prices may take months to normalise following US-Iran ceasefire agreement
June 16, 2026
1:00 am
US petrol prices are projected to remain elevated for months following a preliminary deal to end the US-Israel war on Iran, with the average price currently at $4.06 per gallon. Supply chain issues, including port bottlenecks and seasonal demand, are expected to delay significant price reductions.
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