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- Three women found dead in suitcases may be linked to murder of Thai teenager
- Spain grants legal status to 1.2 million undocumented migrants under scheme
- Vatican excommunicates bishops from Society of St. Pius X in ongoing schism
- Controversial late penalty eliminates Senegal from World Cup against Belgium
- Toronto hosts Croatia and Portugal for final World Cup clash featuring Ronaldo and Modric
- Trump reports over £1 billion in earnings from cryptocurrency ventures in financial disclosure
- Two fatalities confirmed in North Shields house fire early Wednesday
- Archaeologists discover new evidence in search for Ark of the Covenant in Shiloh
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
Three women found dead in suitcases may be linked to murder of Thai teenager
July 2, 2026
5:00 pm
Detectives are investigating potential connections between the murder of Thai teenager Tunchanok Donhomla and three other bodies found in suitcases in Pattaya.
Spain grants legal status to 1.2 million undocumented migrants under scheme
July 2, 2026
3:00 pm
Spain has seen nearly 1.2 million undocumented migrants apply for legal status under a recent initiative launched by Prime Minister Pedro Sánchez. The scheme, open since April, contrasts sharply with measures taken across Europe amid increasing far-right pressures. Of the applications, 67% are from Latin America.
Vatican excommunicates bishops from Society of St. Pius X in ongoing schism
July 2, 2026
2:03 pm
What’s going on?
The Vatican officially excommunicated six bishops from the Society of St. Pius X for maintaining schismatic positions. This action reaffirms the Church’s stance against this ultra-conservative group, which has long rejected the authority of the Vatican. The decision is part of a broader effort to address ongoing theological disputes.
In contrasting frames, CNN reported “Breakaway Catholic group excommunicated after defying warnings from Pope Leo,” focusing on the group’s defiance and its break from the Church. Conversely, CBS News stated “Catholic Church says 6 bishops from ultra-conservative SSPX society excommunicated as decades-old feud reopens,” emphasising the longstanding conflict rather than recent events. This highlights differing angles on the same core issue: the Church’s response to persistent theological dissent.
Coverage analysed: CNN | CBS News | NPR | Reuters
Controversial late penalty eliminates Senegal from World Cup against Belgium
July 2, 2026
1:00 pm
A late penalty awarded to Belgium following a VAR review ended Senegal’s World Cup campaign, resulting in a 3-2 defeat after leading 2-0. The decision drew widespread criticism, with analysts arguing the challenge did not warrant VAR intervention and questioning the integrity of the match.
Toronto hosts Croatia and Portugal for final World Cup clash featuring Ronaldo and Modric
July 2, 2026
11:00 am
Toronto is set to host matches featuring Croatia and Portugal, as both teams prepare to farewell international icons. These players are expected to make their final appearances in World Cup contention, highlighting a significant moment in their careers.
Trump reports over £1 billion in earnings from cryptocurrency ventures in financial disclosure
July 2, 2026
9:00 am
President Trump reported over $1 billion in crypto-related income last year, including $635 million from his $TRUMP token and more than $500 million from World Liberty Financial. He maintained this income reflects successful business ventures, despite criticism about potential conflicts of interest related to his presidency.
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