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.

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Germany plans protective shield and Cyberdome to counter sabotage efforts

Germany plans to implement a “protective shield” against sabotage, following an attempted drone attack at Leipzig airport. Interior Minister Alexander Dobrindt emphasised the need for enhanced security measures, including a “Cyberdome” for intercepting digital threats and expanded drone defence capabilities in key cities.

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Germany’s far-right AfD aims for significant electoral win in Saxony-Anhalt

What’s going on?
Germany’s far-right Alternative for Germany (AfD) signalled its intent to secure a landmark victory in the Saxony-Anhalt state election. The party’s campaign focuses on its appeal to voters amid increasing regional tensions. Results may reshape the political landscape in the region.
Headlines from contrasting outlets illustrate varying emphases. Reuters states, “Germany’s far-right AfD seeks landmark state victory as Saxony-Anhalt votes,” focusing on the potential outcome of the election. In contrast, NBC News asserts, “Germany’s far-right AfD eyes landmark state victory as Saxony-Anhalt votes,” depicting a more cautious stance on possible implications rather than the immediate event.
Coverage analysed: Reuters | NBC News

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