Latest News
- Saudi Arabia, Pakistan and Turkey sign joint defence pact amid Iran’s Hormuz deal updates
- Burnham explores options to prevent early release of PC Harper’s killers
- Women marry Russian soldiers to secure death payouts as war continues
- Drone explodes near Bulgarian gas pipeline border with Romania
- Senate confirms Todd Blanche as attorney general amid political concerns
- EU condemns latest Houthi attacks on Saudi Arabia, Yemen.
- Ukraine condemns Russian missile strikes as civilian casualties rise
- South Korea football association apologises over allegations of sexual services to referees
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
Saudi Arabia, Pakistan and Turkey sign joint defence pact amid Iran’s Hormuz deal updates
August 8, 2026
4:00 pm
Saudi Arabia, Pakistan and Turkey have formalised a historic joint defence pact, committing to mutual support in the event of an attack. Concurrently, Iran reiterated its plans to finalise a deal with Oman to co-manage the strategically vital Strait of Hormuz.
Burnham explores options to prevent early release of PC Harper’s killers
August 8, 2026
3:00 pm
Prime Minister Andy Burnham is actively seeking to prevent the early release of Jessie Cole and Albert Bowers, convicted of manslaughter in connection with the death of PC Andrew Harper in 2019. The Government has resisted calls to exclude them, despite changes reducing early release numbers from 6,000 to 5,000.
Women marry Russian soldiers to secure death payouts as war continues
August 8, 2026
2:00 pm
Russian women are marrying soldiers to secure substantial death benefits amid the ongoing conflict in Ukraine, a practice that has drawn scrutiny from the Kremlin.
Drone explodes near Bulgarian gas pipeline border with Romania
August 8, 2026
12:00 pm
A drone exploded in Bulgaria near the Romanian border on Saturday, according to Bulgarian Prime Minister Rumen Radev. The drone entered Bulgarian airspace before detonating close to a gas pipeline compressor station. Authorities are investigating the incident amid increasing surveillance operations. No casualties were reported.
Senate confirms Todd Blanche as attorney general amid political concerns
August 8, 2026
11:00 am
What’s happening?
Senator Bill Cassidy has endorsed Todd Blanche as the next attorney general following his confirmation in the Senate. Blanche’s appointment, which comes amid significant partisan debates, underscores ongoing tensions within U.S. politics regarding judicial appointments.
Coverage analyzed: AP News | CNN | The New York Times | WBUR
The AP headlines read, “Todd Blanche narrowly confirmed as Trump’s attorney general in overnight vote,” focusing on the procedural aspect of the confirmation. In contrast, CNN states, “Blanche confirmed as attorney general at a Justice Department shaped to serve Trump,” highlighting the broader implications of the appointment. The former emphasizes the narrow margin of victory and procedural nuances, while the latter frames the event within the context of Trump’s influence over the Justice Department, suggesting a shift in institutional priorities.
EU condemns latest Houthi attacks on Saudi Arabia, Yemen.
August 8, 2026
10:00 am
EU DAILY UPDATE
This morning, the European Union addresses ongoing challenges regarding migration and energy security.
Key discussions include strategies and future policies for stability.
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