Maersk Slaps Emergency Fuel Surcharge As War Upends Marine Supply Chains

Why Military Bases Should Never Have Been Gun-Free Zones Authored by John R. Lott Jr. via RealClearPolitics, It may sound hard to believe, but except for a very limited group of personnel, the military has treated its bases as gun-free zones. Until Thursday, only designated security forces – such as military police – could carry firearms while on duty. Commanders punished any other soldier caught carrying a weapon severely, with penalties ranging from rank reduction and forfeiture of pay to court-martial, dishonorable discharge, criminal conviction, and even imprisonment. That changed with a...

"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...