Subprime Crisis 2.0: Will Private Credit Be The Trigger?

US Navy Surveillance Plane Made Provocative Flight Over Taiwan Strait, Weeks Before Trump-Xi Summit With the world's attention hyper-focused on fast-paced events in Iran and the effectively shuttered vital oil transit hub, the Hormuz Strait, some significant things were also happening around Taiwan this past week. The US military confirmed that a P-8A Poseidon anti-submarine patrol aircraft transited the Taiwan Strait on Wednesday, a move that predictably drew Beijing's attention. US Navy China said it monitored the US Navy aircraft as it passed through the narrow waterway separating Taiwan from mainland China. "By operating within...

Tech Bosses To Meet At White House, Pledge Their Data Centers Won't Boost Electricity Bills Authored by Jacki Thrapp via The Epoch Times (emphasis ours), Leaders in big tech are expected to meet with President Donald Trump at the White House next week to pledge that their data centers will not increase the energy bills of Americans living near the facilities. The logos of Google, Apple, Facebook, Amazon and Microsoft displayed on a mobile phone and a laptop screen. Justin Tallis/AFP via Getty Images “Major tech companies will join President Trump at the...

Embassy Tells Americans Still In Lebanon Depart Now While Flights Available As Ceasefire Collapsing The US-mediated Lebanon ceasefire is unraveling fast amid intensified fighting between Israel and Hezbollah on Thursday. This has resulted in the US embassy in Beirut issuing an urgent renewed security alert, urging US citizens to depart Lebanon while commercial flight options are still available. via AFP The statement explained the security situation "remains complex and can change quickly." It further said that those who don't or cannot leave must be prepared to encounter emergency situations, and also warned of unexploded ordnance...