Financial Times - Savers withdrew nearly $60bn from three US banks as Apple raises heat

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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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Leo begins pilgrimage at Lourdes with prayer at Grotto of Apparitions.

Pope Leo began his pilgrimage in Lourdes, offering a prayer at the Grotto of the Apparitions, a significant site where Catholics believe the Virgin Mary appeared to Bernadette Soubirous in 1858. This location remains one of the most-visited shrines in the Catholic faith.

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Pope Leo XIV draws 700,000 attendees at Mass in Paris

What’s going on?
Pope Leo XIV has launched his visit to France, drawing large crowds across Paris. An estimated 700,000 people attended an outdoor Mass, marking the largest event of his French tour. The Pope’s visit continues to generate significant public interest and participation.
AP News highlights the scale of the event with the headline, “Pope Leo XIV fills central Paris with 700,000-strong crowd and fervor at giant outdoor Mass,” emphasising the magnitude of attendance. In contrast, NPR focuses on the Pope’s broader message, stating, “Pope warns a ‘paradise of machines’ could undermine humanity as he opens France trip,” framing the visit within a context of technological concern.
Coverage analysed: AP News | NPR

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Six confirmed dead after building collapse in Athens following explosion

Six people have died after a building collapsed in Athens due to an explosion on Friday morning. The victims include four US tourists and a British man, aged 78, living on the second floor. Search operations involved around 30 firefighters and specialised equipment, while authorities investigate the cause.

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