US Says (New) Ayatollah Wounded, Disfigured - While Other Iranian Leaders Defiantly March In Tehran As Bombs Fall

Dubai Crackdown Hits Iran's Economic Lifeline, Squeezes IRGC Networks By Negar Mojtahedi of Iran International The arrest of dozens of IRGC-linked money changers in the United Arab Emirates is one of the most serious blows yet to Tehran’s sanctions-evasion network, laying bare how heavily the Islamic Republic has depended on Dubai as an economic lifeline. Sources familiar with the matter told Iran International that UAE authorities detained dozens of money changers tied to financial entities linked to Iran’s Revolutionary Guards, shut down associated companies and closed their offices. The crackdown follows days of...

Joe Kent Makes Genuine Plea To Trump: "Address The Israeli Issue" Recently-resigned director of the U.S. National Counterterrorism Center Joe Kent told antiwar.com editor Scott Horton that a narrow window for de-escalation still exists, but only if Donald Trump is willing to confront what Kent repeatedly described as the core constraint on U.S. strategy: Israel. “I think he's got to address the Israeli issue first and foremost… and demand and force them to stop going on the offense.” Kent addressed Trump’s recent public comments urging restraint, specifically that Israel halt strikes on...

"Shocking Levels Of Distress": CMBS Delinquencies Unexpectedly Soar To Covid Highs With market focused on private credit as the next credit market crisis vortex, many have forgotten that CMBS, the asset class that was smashed in the aftermath of covid as hundreds of office buildings were suddenly left vacant, has been teetering on the edge for years. For some, it proved to be a lucrative bet as the "next big short" after various office-heavy CMBX tranches collapsed in 2020 and 2021. But due to the slow-burning nature of commercial real-estate...