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5 Things to Know Today: U.S. Alcohol Ban, GDP Day, 5.25% Yields (Sept 29)

  Tuesday September 29, 2026 A U.S. import ban on Canadian booze kicks in, Statistics Canada reports July GDP, and U.S. bond yields sit at levels not seen since 2007. Here are the five things that matter for your wallet today. 1 The U.S. ban on Canadian alcohol takes effect today As of 12:01 a.m. ET, the U.S. is refusing entry to many Canadian beer, wine, cider and spirits shipments, along with whey products, molasses and larger motorcycles. The measures were signed Sept. 8 and largely replace the 50% tariffs that applied to these goods. Bottles already in the U.S. can still be sold, and product shipped in bulk to be bottled south of the border appears to fall outside the ban. Canadian producers say pivoting to domestic sales won't be easy, because a patchwork of provincial rules complicates selling across borders. What it means for you: The ban hits exports, not what you pay at the store. The exposure is for people who work in or own shares of brewers, distillers and wineries, a...

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Historic Arrest Warrant Issued for South Korean President Amid Political Turmoil


In a historic move, a South Korean court has issued warrants to detain impeached President Yoon Suk-yeol and search his office. This unprecedented decision follows Yoon's controversial declaration of martial law earlier this month, which has plunged the nation into its most significant political crisis in decades.

The Seoul Western District Court approved the warrants after the Joint Investigation Headquarters requested them, citing allegations of insurrection and abuse of power against Yoon. Yoon, who has been suspended from his duties since December 14 following a National Assembly vote for his impeachment, faces possible life imprisonment or the death penalty if convicted.

Yoon's brief imposition of martial law on December 3 led to widespread political turmoil, halting high-level diplomacy and rattling financial markets. Despite repeated requests by investigative authorities, Yoon has refused to appear for questioning or allow searches of his office.

The court's decision marks the first time South Korean authorities have sought to detain a sitting president. The anti-corruption agency investigating Yoon's actions has no immediate plans on how to proceed with the court-issued warrants, given the potential for clashes with the presidential security service.



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