Private Equity eyes European Defense

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State Department shifts $250M to fund deportations

The U.S. State Department has reallocated $250 million, originally intended for refugee aid, to support Homeland Security’s voluntary deportation program. This move is viewed by critics as unprecedented and a potential departure from decades of U.S. refugee policy. Proponents argue it will ease immigration pressures. The change also reflects a broader political recalibration of U.S. policy on asylum and border security.
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Private Equity eyes European Defense

Private equity and VC firms at a Berlin conference are turning toward Europe’s defense sector as governments increase military spending. With global tensions on the rise, industry leaders see opportunities to revive sluggish markets and capitalize on geopolitical shifts. European firms may benefit from this trend, but ethical concerns remain as war becomes a central business strategy.
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Congressional Budget Office warns on Trump tariffs

The CBO projects that recent tariffs introduced under Trump will reduce U.S. economic output. The inflation-adjusted loss is expected to weigh on consumer and capital goods markets. These tariffs are also under legal scrutiny, adding uncertainty to their long-term effects. The budget office’s letter could influence legislative priorities and economic debate during the election cycle.
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Madoff victims to recoup $498 million

The court-appointed trustee in the Bernie Madoff case announced a new $498 million settlement with two Luxembourg funds. This brings total recovery for defrauded clients to over $15 billion. The win is historic and reflects international cooperation in clawing back fraudulent gains. Still, many investors remain skeptical about full restitution in future white-collar fraud cases.
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