UAE Pushes For Hormuz Security Force, While Turkey Argues Against Gulf Entry Into War

Diplomats speaking with the Financial Times said Saudi Arabia has been discussing developing a mutual defense pact among Gulf Arab states and Iran.  Two Western diplomats told FT that the framework for the pact would resemble the 1970s Helsinki Process. The 1975 agreement reduced tensions in Europe by increasing trade.  The proposal from Riyadh comes […]

Roblox Rolls Out Restricted Accounts For Under-16 Users Amid Lawsuit, Social Media Ban Authored by Rex Widerstrom via The Epoch Times (emphasis ours), While managing to avoid Australia’s under-16 social media ban, the global game creation platform Roblox has moved to introduce restricted accounts for children and teenagers. A 7-year-old teenage boy looks at a photo screen with Roblox, a social media networking app that will not be age-restricted in Sydney, Australia on Dec. 7, 2025. George Chan/Getty Images The move also comes in the wake of a lawsuit from Los Angeles County...

JPMorgan Limits Lending To Private Credit Groups After Marking Down Loan Collateral The barrage of negative private credit news, now that the $1.8 trillion bubble has burst, is coming hot and heavy.  Following last night's report that Cliffwater, a private credit interval fund which according to Rubric Capital "is the canary in the coal mine and will be the first domino in the bank run” was the latest fund to be hit with 7% in investor redemptions (and unlike BlackRock, interval funds can not gate investors), this morning the FT reported that JPMorgan...