Theater of the Absurd in J6 Courtrooms

Israeli Defense Minister Israel Katz said on Thursday that Israel was waiting for a “green light” from the US to break the ceasefire and renew attacks on Iran to plunge the country into the “stone age,” and finish off the Khamenei family, a sign that the truce is on the brink of collapse. “Israel is […]

Sternlicht's Starwood Real Estate Fund Gates Redemptions Earlier this month, when much of the attention was largely focused on private credit, we warned that one of the old, familiar credit market time-bombs, commercial real estate which for many years had been penned as the "Next Big Short", was deteriorating rapidly: according to the latest TREPP CMBS monthly report, March saw a surge in the CMBS delinquency rate, which jumped by 41bps to 7.55%, the highest in years, led by a surge in the lodging rate, a category which until now was...

One day after Israeli attacks killed 14 in Lebanon, the narrative of the ceasefire being “intact” seems less and less credible, with reports of continued escalation against southern Lebanon, and new rounds of Israeli strikes reported in the Bekaa Valley to the east. Strikes were reported against the towns of Kfara and Qleia in southern […]