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5 Things to Know Today — September 28, 2026

  Monday, September 28, 2026  |  MoneySavings.ca Iran rejects Trump's terms for Hormuz, the US alcohol ban on Canadian goods kicks in tomorrow, the loonie posts its 13th straight losing session, Tuesday brings a key GDP print, and Ottawa quietly narrowed the federal deficit. Here's what it all means for your wallet today. 01 OF 05 🛢️ Iran Digs In on Hormuz — Trump Rejected the Deal, and Oil Stays Elevated Iran's Foreign Minister Abbas Araghchi offered over the weekend to reopen the Strait of Hormuz within seven days — the same terms attached to the June Islamabad Memorandum of Understanding that collapsed in early July. The conditions: the US lifts its naval blockade on Iranian ports, waives sanctions on Iranian oil sales, and observes a broader ceasefire. Trump rejected the offer outright on Saturday, calling it a play by a country that is "losing badly," and renaming the strait "Trump Strait" on Truth Social for good measure. As of this morning, Iran ...

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High-Tech Drone Detection System Deployed in New York Amid Mystery Sightings

 

In response to a series of mysterious drone sightings across the East Coast, U.S. officials have deployed a state-of-the-art drone detection system to New York. Governor Kathy Hochul announced the deployment after drone sightings forced the temporary shutdown of runways at Stewart International Airport last week.

The system, which utilizes advanced 360-degree radar technology, aims to enhance the ability of state and federal law enforcement to monitor and address unauthorized drone activities. The sightings have not only been reported in New York but also in neighboring states such as New Jersey, Pennsylvania, Maryland, and Connecticut.

Homeland Security Secretary Alejandro Mayorkas assured the public that the drones do not pose a national security threat and that the federal government is working closely with state and local authorities to manage the situation. Despite the reassurances, the uptick in drone sightings has raised concerns among residents and prompted calls for more robust measures to address the issue.

Senator Chuck Schumer has urged Congress to pass legislation that would grant local enforcement more power to investigate and counteract drone activities. Meanwhile, New Jersey Senator Andy Kim has been actively engaging with local communities to gather more information about the sightings.

As the investigation continues, authorities remain committed to ensuring the safety and security of the affected regions.



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