Latest News
- Truck crash in Egypt claims 18 lives, including many child labourers
- N.S. changes employment support for income assistance recipients, leading to layoffs
- Wisconsin Democratic primary features Francesca Hong and David Crowley
- Cocaine worth £232 million discovered hidden in bananas at Essex port
- Residents advised to stay indoors during Putin’s visit to Novosibirsk
- Suspected Houthis attack cargo vessel in Bab el-Mandeb strait, killing three
- Latvia launches operation to strengthen border controls amid migrant influx
- Poland surpasses Belgium and Austria, becoming sixth-largest EU economy.
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
Truck crash in Egypt claims 18 lives, including many child labourers
August 11, 2026
8:00 pm
A truck crash in Egypt’s Al-Dawawis area has resulted in the deaths of at least 18 individuals, predominantly children aged 13 and 14, according to medical sources. The Ministry of Health reported 47 casualties, with many injured. President Abdel Fattah el-Sisi has called for an investigation into the incident.
N.S. changes employment support for income assistance recipients, leading to layoffs
August 11, 2026
7:00 pm
About 300 staff received a voluntary resignation call on Tuesday due to organisational changes, while three non-union employees were laid off. The adjustments aim to streamline operations and enhance efficiency within the company.
Wisconsin Democratic primary features Francesca Hong and David Crowley
August 11, 2026
5:00 pm
Six states host primaries today, featuring competitive races in Wisconsin and Minnesota. In Wisconsin’s Democratic gubernatorial contest, Francesca Hong faces David Crowley. Meanwhile, South Carolina Republicans vie to replace the late Sen. Lindsey Graham, with ten candidates competing for the nomination.
Cocaine worth £232 million discovered hidden in bananas at Essex port
August 11, 2026
4:00 pm
Border Force officers intercepted a nearly 3-tonne shipment of cocaine, valued at £200 million, concealed within banana boxes at London Gateway Port in Essex. Nine men were arrested and later released on bail. The National Crime Agency regards this seizure as a significant blow to organised crime.
Residents advised to stay indoors during Putin’s visit to Novosibirsk
August 11, 2026
3:00 pm
Vladimir Putin visits Novosibirsk, urging residents to remain indoors and avoid windows due to heightened security measures during his trip.
Suspected Houthis attack cargo vessel in Bab el-Mandeb strait, killing three
August 11, 2026
2:32 pm
Three crew members were killed in a suspected Houthi attack on an Egyptian ship in the Red Sea, marking a significant escalation.
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