The Myth that Won't Die: "War is Good for the Economy"

ASP Isotopes Subsidiary Signs MOU With European Nuclear Technology Company For Fuel Supply ASP Isotopes said its subsidiary Quantum Leap Energy LLC has signed a non-binding memorandum of understanding with an unnamed European nuclear technology company to explore a potential long-term partnership to supply fuel for advanced nuclear reactors, according to a company press release Monday morning.  The agreement focuses on high-assay low-enriched uranium (HALEU), a type of nuclear fuel enriched to more than 10% uranium-235 that is expected to play a key role in powering next-generation reactors. Under the proposed arrangement,...

Gaza Needs Over $71BN In Next Decade If Enclave Hopes To Recover: New UN Report More than $71 billion will be required over the next decade to recover and rebuild Gaza following the brutal Israel-Hamas war, according to a new report. Hamas leadership has been largely decimated, though the group has yet to be completely disarmed, and there are still calls within the Israeli government among some hawkish officials to simply conquer and promote Jewish settlement of the whole territory. In their final Gaza Rapid Damage and Needs Assessment (RDNA) which was...

Someone Tell Lloyd Blankfein The Fire In Private Credit Has Already Started Submitted by QTR's Fringe Finance As I’ve been writing about, private credit has been under immense stress for months, with liquidity strains, redemption pressure, and growing questions around valuations all surfacing at once. And now with things on the verge of imminent collapse and literally all of f*cking Wall Street already on notice, one former major banking CEO has decided to offer up the King Solomon-like revelation that he believes things could get worse from here. But, obviously, what he doesn’t realize...