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USA Property

DOGE claims real estate savings in Louisiana. Here’s how much and where

Highlights from Friday's game between Captain Shreve and CarencroHighlights from Friday's game between Captain Shreve and Carencro in the LHSAA Division I playoffsThe Department of Government Efficiency, led by Elon Musk, claims to have terminated 748 real estate leases throughout the U.S., totaling approximately 9,587,384 square feet and $660 million.Along with real estate terminations, DOGE has terminated 2,334 contracts and 3,489 grants. All leases, contracts and grants, as well as amounts DOGE has claimed to save, can be found on DOGE's "Wall of Receipts."DOGE claims to have saved a total...
Currencies

Tariffs Hit Mexican Peso as US Risks Shield Other EM Currencies

The Mexican peso slumped after U.S. President Donald Trump imposed new import tariffs against the country, though other developing-nation currencies held their own amid concerns about the impact of the escalating trade war on growth in the world’s largest economy. The peso fell as much as 1% against the dollar, extending its decline to a fourth day and hitting the weakest level in a month after the 25% duties came into effect, together with levies on Canada and China. Investors are awaiting Mexico’s response, with President Claudia Sheinbaum expected to...
Currencies

Investors Are Scouring Emerging Markets for Trump-Proof Bets

(Bloomberg) -- From China’s artificial-intelligence successes to Dubai’s immigrant-led boom and rising prospects of debt restructuring in Venezuela and Lebanon, the winning emerging-market trades of 2025 all help investors withstand President Donald Trump’s trade agenda. Such selective trades are protecting investors from the unpredictability of Trump’s second term because they aren’t reliant on exports to the US, interest-rate cuts or a weak dollar. While benchmark indexes across stocks, bonds and currencies in developing markets have had the best start in years, the end of February brought a selloff, triggered by yet another...
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