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Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era
Germany's Pension Time Bomb: $2+ Billion In CRE Losses Expose Cracks In The Fiat Era
Submitted by Thomas Kolbe,
A shock for the insured members of the Versorgungswerk Zahnärzte Berlin-Brandenburg (VZB). According to a report this week by Bloomberg, losses at the private pension fund total €1.1 billion. Roughly 50 percent of its invested capital has effectively been wiped out—channeled into private loans to non-listed companies, including rPlanet Earth in California, a shrimp farm in northern Germany, and, repeatedly featured on the investment menus of German pension funds, U.S. commercial real...
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Mar 24, 2026 / Tyler Durden
Drone-Attack Simulation Exposed A Grid Vulnerability
Drone-Attack Simulation Exposed A Grid Vulnerability
By Robert Walton of UtilityDive
U.S. electric utilities need new tools and regulatory authorizations to protect the power grid from drone attacks, experts and industry groups say.
The issue has taken on new urgency recently. The Department of Homeland Security reportedly urged U.S. energy companies to increase security in response to potential threats from Iran, which has successfully used drones to target American military personnel and assets since the U.S. and Israel launched a war against Iran on Feb. 28.
But power grid asset owners and operators...
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Apr 9, 2026 / Tyler Durden
Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher
Stock Futures Slide As Doubts Over Ceasefire Send Oil Higher
Stocks resumed their drop and oil erased about a third of its Wednesday drop as traders watched the fragile US-Iran ceasefire shatter by the hour, with both sides accusing the other of breaches while the Strait of Hormuz is still effectively closed and Israel intensified strikes on Lebanon. As of 8:00am ET, S&P futures fell 0.4% after Bloomberg strategists said a best-case scenario has already been priced in; Nasdaq futures dropped 0.3% with Mag7 stocks mostly lower. Europe’s Stoxx 600 index fell 0.7%. Emerging-market...
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Mar 9, 2026 / Dave DeCamp
Talks To Advance Trump’s Gaza Plan on Hold Since Start of US-Israeli War Against Iran
Talks to advance President Trump’s peace plan for Gaza have been on hold since the start of the US-Israeli war against Iran, Reuters reported on Monday. The US and Israel launched the war about 10 days after President Trump convened the first meeting of the so-called “Board of Peace,” a body he formed that’s meant […]
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