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- White House outlines new plan for stringent economic sanctions on Iran
- Russia warns UK of consequences over drone supply to Ukraine
- Tourists in Greece adopt sun safety measures amid rising heatwaves
- Hundreds attend funeral for correctional officer Nicolae Serban
- Navy sailor Joshua Aviles reports father’s arrest by immigration officials
- Missing teenager Lily Hooper found dead after earlier false report of rescue
- Sweden experts warn climate policy jeopardises emissions targets
- US imposes 50% tariffs on Canadian goods after trade talks fail
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
White House outlines new plan for stringent economic sanctions on Iran
August 24, 2026
5:00 am
IndyCars raced around the National Mall in Washington, D.C., on Sunday, creating a festive atmosphere. Concurrently, the Trump administration emphasised that enforcing economic pressure on both allies and adversaries remains its primary focus. Further details were provided by Olivia Rinaldi.
Russia warns UK of consequences over drone supply to Ukraine
August 24, 2026
4:00 am
Moscow condemns British drone supplies to Ukraine for long-range strikes inside Russia, asserting that this involvement makes the UK a participant in the war.
Tourists in Greece adopt sun safety measures amid rising heatwaves
August 24, 2026
2:00 am
Tourists in Greece are now better informed about ultraviolet radiation dangers as awareness of sun protection measures, including hats and sunglasses, has risen during ongoing heatwaves. Red Cross volunteers report a decrease in demand for protective gear, reflecting improved visitor preparedness amid record tourist numbers.
Hundreds attend funeral for correctional officer Nicolae Serban
August 24, 2026
12:00 am
Funerals are being held this weekend for two correctional officers who died in a crash at the start of August. The service for Nicolae Serban took place on Saturday, honouring his service and memory amid community support for the affected families.
Navy sailor Joshua Aviles reports father’s arrest by immigration officials
August 23, 2026
10:50 pm
U.S. Navy sailor Joshua Aviles learned of his father’s arrest by federal immigration officials while deployed on the USS Abraham Lincoln. Luis Manuel Aviles Roa, a Nicaraguan, was detained by Border Patrol in Key West for illegal entry and now faces deportation, as confirmed by the Department of Homeland Security.
Missing teenager Lily Hooper found dead after earlier false report of rescue
August 23, 2026
10:00 pm
Lily Hooper, 18, has been found dead after a major search operation in Nattai National Park, following a mistaken announcement of her rescue.
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