Latest News
- Homeland Security investigates Rep. Ilhan Omar’s home in Washington, D.C.
- Businessman ordered to demolish flat built inside horse stable in Cotswolds
- Nato’s top commander warns Russia of readiness to respond to aggression
- Ukraine parliament passes law on minority rights, easing Hungary tensions
- Yemen faces growing hunger emergency amid renewed fighting, say aid agencies
- EU implements nearly 1,600 new sanctions against Russia amid ongoing conflict.
- Delhi prepares for more protests against election chief amid crackdown
- Supporters of trans rights rally in Saskatchewan against Bill 137
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
Homeland Security investigates Rep. Ilhan Omar’s home in Washington, D.C.
October 12, 2026
5:00 pm
Homeland Security Investigations executed a search warrant at the Washington, D.C., home of Rep. Ilhan Omar on Monday, focusing on her childhood immigration paperwork. Omar’s office condemned the raid as an abuse of power, asserting she had “done nothing wrong,” while the Department of Justice confirmed the ongoing federal investigation.
Businessman ordered to demolish flat built inside horse stable in Cotswolds
October 12, 2026
4:00 pm
James George, owner of a £2.25 million estate in the Cotswolds, has been ordered by West Oxfordshire District Council to fully dismantle a one-bedroom flat he built within his horse stables. The council rejected his application for a Certificate of Lawfulness, stating he did not establish continuous residential use over the required period.
Nato’s top commander warns Russia of readiness to respond to aggression
October 12, 2026
3:00 pm
Nato’s top commander, General Alexus Grynkewich, asserts readiness to respond decisively to any Russian aggression against alliance territory during a security conference in Warsaw.
Ukraine parliament passes law on minority rights, easing Hungary tensions
October 12, 2026
1:00 pm
Ukraine’s parliament approved a law enhancing minority rights, aimed at improving relations with Hungary and facilitating EU accession talks. The legislation, endorsed by 266 deputies, strengthens protections for minority languages, particularly benefiting the 100,000 ethnic Hungarians in Transcarpathia. Diplomats anticipate further progress in negotiations with Hungary.
Yemen faces growing hunger emergency amid renewed fighting, say aid agencies
October 12, 2026
12:53 pm
Escalating fighting in Yemen worsens food security crisis as aid agencies report hundreds of displaced children suffering severe malnutrition.
EU implements nearly 1,600 new sanctions against Russia amid ongoing conflict.
October 12, 2026
12:00 pm
EU SANCTIONS UPDATE
The European Union has adopted new sanctions against Russia this morning.
This action underscores ongoing geopolitical tensions in Europe.
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