Russia Serves a Cold Dish to the GCC and India

Private Credit Firesale Begins: World's Largest Asset Manager Gates Investors In $26 Billion Fund Three weeks ago, when the largest US Private Credit-focused asset manager Blue Owl, was faced with a flood of redemptions due to its outsized exposure to software loans (which are very rapidly being repriced to zero thanks to the disruption from AI), the firm opted against reinstating quarterly redemptions on a retail fund and decided to return investor capital through assets sales instead (effectively also freezing the money in it and gating investors ) announcing a massive...

The Trump administration on Wednesday imposed new Iran-related sanctions, a day before US and Iranian officials will meet for another round of talks in Geneva amid the major US military buildup in the Middle East. The Treasury Department said that it imposed sanctions on more than 30 sanctions on individuals, entities, and vessels accused of […]

US Explores High-Risk Plan To Seize Iran's Nuclear Stockpile In Potential Gateway To Ground Troops Update(1555ET): The United States and Israel are boasting of having effectively achieved total air superiority over Iran's skies, but this presents yet more questions as to what the end-game will be. The allies have as one key goal securing Iran's stockpile of highly enriched uranium - most of which may be buried deep under a destroyed nuclear site at Isfahan (taken out during the June war) - but then the conundrum remains... how? Axios reports on one plan which...