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- Iran war day 118: IRGC warns against unapproved Hormuz shipping route as Rubio meets GCC leaders
- Red Deer high school students unite to support classmate battling cancer
- Trump engages in tense meeting with GOP senators, telling Cassidy to sit down
- Putin relocates air defence system to Moscow oil refinery after drone attacks
- MEPs debate Brexit’s impact on Europe ten years after the referendum
- B.C. businesses face uncertainty before CUSMA review next week
- Trump administration requests £88 billion in supplemental funding for Iran war, Ebola response and farm aid
- Ebola case confirmed in France after humanitarian worker returns from DRC
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
Iran war day 118: IRGC warns against unapproved Hormuz shipping route as Rubio meets GCC leaders
June 25, 2026
9:00 am
Iran’s Islamic Revolutionary Guard Corps has warned vessels against using an “unapproved” route through the Strait of Hormuz, asserting it was created without Tehran’s consent. Officials insist that ships must comply with Iranian-designated corridors or face enforcement actions. Meanwhile, five South Korean vessels recently transited safely through the strait.
Red Deer high school students unite to support classmate battling cancer
June 25, 2026
7:00 am
Grade 11 student Lachlan Ross, who has a genetic condition that renders him non-verbal and requires complex medical care, continues to navigate his educational journey amid these challenges. His circumstances highlight the need for tailored support in school environments.
Trump engages in tense meeting with GOP senators, telling Cassidy to sit down
June 25, 2026
5:00 am
President Trump’s recent meeting with Republican senators became tense when he challenged Louisiana Senator Bill Cassidy over the War Powers Resolution. Cassidy stated he matched Trump’s tone, emphasising his duty to the American people. The discussions followed Senate votes related to military action against Iran and proposed legislative measures.
Putin relocates air defence system to Moscow oil refinery after drone attacks
June 25, 2026
4:00 am
Vladimir Putin relocates an air defence system closer to Moscow’s oil refinery following significant damage from a recent Ukrainian drone attack that injured 17 people.
MEPs debate Brexit’s impact on Europe ten years after the referendum
June 25, 2026
3:00 am
Ten years post-referendum, Brexit’s impact remains contested. Irish MEP Barry Andrews claims the UK’s departure has caused political and economic turmoil, while Dutch MEP Sander Smit believes the EU has lost a vital voice. The debate centres on the future relationship between the UK and the EU.
B.C. businesses face uncertainty before CUSMA review next week
June 24, 2026
11:00 pm
A key meeting is set to address the future of a trilateral agreement, with participating countries evaluating options for a formal 16-year extension or the continuation of annual reviews. The outcome will shape the agreement’s long-term trajectory.
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