The Case Against Overhead Presses

One Battle After Another By Michael Every of Rabobank One Battle After Another US and Iranian negotiators meet in Geneva today to hear Tehran’s final offer but reports of what they have to say suggests we should prepare for the worst even if Iran sees a “good outlook” for today’s talks. The Kan news agency claims it will only agree to lower uranium enrichment from 60% to 3.67% for seven years, won’t hand over previously enriched material, dismantle the ballistic missile program President Trump just stated can already hit Europe and will...

"We Saw It. We Passed": Blue Owl Fails To Secure Third Party Funding For $4 Billion Data Center As we discussed extensively yesterday, Blue Owl already has huge headaches with its software exposure, being forced to dump a substantial amount of its SaaS-linked loans (to related parties among others) as it gates retail investors in its private credit fund amid a tsunami of redemption requests. We now learn that the massive private credit asset manager is also facing major hardware challenges too.  According to Insider, Blue Owl - which is also...

Russia Pounded By Biggest Ukrainian Drone Swarm Since January Ahead Of Geneva Talks Russia's Defense Ministry on Tuesday is reporting an overnight and early morning attack which marked the largest drone assault from Ukraine since early January. Russian air defenses shot down more than 150 Ukrainian drones in the attack which included hundreds of UAVs sent in total, as officials from both sides are imminently expected meet in Switzerland for another round of peace talks. via Reuters According to the ministry, 79 drones were intercepted over the Black Sea and the Sea of...