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Geopolitical Tensions Rattle Wall Street as Futures Slide on Trump’s Iran Warning

  Markets tumbled Thursday morning as renewed geopolitical uncertainty sent U.S. stock futures sharply lower, with investors reacting to President Trump’s latest remarks that the war with Iran is “not yet over.”   U.S. stock futures stumbled early Thursday after President Trump’s national address failed to signal a clear end to the ongoing U.S.–Israeli conflict with Iran. Futures tied to the Dow Jones Industrial Average dropped more than 600 points , while S&P 500 futures fell 1.5% and Nasdaq 100 futures slid 2% , reflecting heightened investor anxiety.  The market’s reaction was driven largely by Trump’s assertion that the conflict is not yet resolved, despite reports that Iran’s president has approached the U.S. about a potential ceasefire. Trump emphasized that any agreement would depend on reopening the Strait of Hormuz , a critical global energy chokepoint. He also warned that U.S. forces would “hit Iran hard” before any withdrawal in the coming weeks.  ...
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Seniors Express Frustration Over Exclusion from Federal $250 Cheque Program

 

A growing number of seniors are voicing outrage after discovering they are ineligible for a new federal initiative aimed at distributing $250 relief cheques to certain low-income groups. The program, designed to address rising costs of living, has left many older Canadians feeling overlooked, particularly those on fixed incomes who say they are struggling to make ends meet.

The federal government announced the plan as part of its broader effort to support vulnerable populations during a period of economic uncertainty. However, eligibility criteria for the cheques prioritize younger low-income households and families, excluding many seniors who fall just outside the income thresholds.

“It’s disappointing,” said one senior from Toronto. “We’re already dealing with skyrocketing prices for essentials like food and medication, and now we’re being left behind.” Advocacy groups, including the Canadian Association for Retired Persons (CARP), have called on the government to expand the program to include older adults, arguing that they face unique financial pressures.

A government spokesperson defended the plan, stating it targets those deemed most in need, but indicated that additional measures to support seniors might be introduced in the future. For now, many older Canadians are calling for immediate action to ensure they are not left out of critical relief efforts.


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