EUROPEAN HEADLINES ECB’s de Guindos: US tariffs add uncertainty; inflation nearing 2%; Spain to boost defense spending. UK Chancellor Reeves: Plans to limit merger investigations (FT). Regulators to face performance reviews (Times). Moody’s: Upgraded Greece to Baa3 (Stable), affirmed Spain (A), France (AA-, Negative), Portugal (A-, Positive), Poland (A-, Stable). Germany: Economy remains weak; Ifo cuts growth forecast to 0.2% (2025), 0.8% (2026). US HEADLINES OECD: Cuts global growth outlook over trade tensions. US Senate: Passed stopgap funding bill; Trump signed budget law. Trump Admin: Weighs travel ban on 43 countries. Treasury Sec. Bessent: Not worried about market downturn, optimistic long-term (NBC). Trump: Invokes Alien Enemies Act against Tren de Aragua; orders deportation of Venezuelan TDA members.