- Justice Department charges nearly 80 defendants in COVID loan fraud cases
- Meghan Markle and Prince Harry featured in SNL UK sketch after UK move
- Iran and Israel derail US peace deal amid MOSSAD naval attacks
- Mount Etna erupts, releasing ash two and a half miles into sky and prompting travel disruptions
- France to ban trade in products from Israeli settlements in occupied West Bank
- European Parliament pushes for stricter energy project deadlines
- Iran-Gulf Talks Postponed Amidst Rising Oil Prices and Houthi Attacks
- One dead and 25 missing after migrant boat sinks off Greek island
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
Justice Department charges nearly 80 defendants in COVID loan fraud cases
The Justice Department has announced a crackdown on COVID-19 Paycheck Protection Program fraud, resulting in charges against over 160 defendants and approximately $245 million in intended losses. The initiative, dubbed “Heartland fraud surge,” involved 44 U.S. Attorney’s Offices and targeted fabricated businesses and identity theft schemes.

Meghan Markle and Prince Harry featured in SNL UK sketch after UK move
Prince Harry and Meghan Markle have returned to the UK with their children, Archie and Lilibet, after living in the US for six years. Reports indicate the couple is focused on settling their children into new schools while maintaining their current status as non-working members of the Royal Family.

Iran and Israel derail US peace deal amid MOSSAD naval attacks
Iran’s influential spymaster Hossein Taeb orchestrated attacks on ships in the Strait of Hormuz, derailing U.S. peace efforts.

Mount Etna erupts, releasing ash two and a half miles into sky and prompting travel disruptions
Mount Etna has erupted, causing thick ash clouds and significant travel disruptions, with hundreds of flights cancelled or diverted from Catania, Sicily.

France to ban trade in products from Israeli settlements in occupied West Bank
France will ban products from Israeli settlements in the occupied West Bank, joining the UK and 10 other countries in this action.

European Parliament pushes for stricter energy project deadlines
The European Parliament is advocating for stricter EU-wide deadlines and automatic approvals to expedite energy infrastructure development. This initiative seeks to address significant delays in renewable energy projects, with Parliament proposing quicker approval timelines than the Commission and Council, potentially igniting tensions with member states.
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