Trump Threatens To ‘Take Out’ the ‘Entire Country’ of Iran in a Single Night

PIMCO Privately Lends Over $10 Billion To Dollar-Strapped Gulf States Just days after the UAE hinted at a growing dollar shortage in the Gulf nation by requesting swap lines with the Fed, Bloomberg reports that as Iran's struggling neighbors scramble to build cash buffers to deal with any potential economic fallout from the Iran war, one large buyer has stepped in: the world's largest bond manager, Pacific Investment Management Co. Since the start of the Iran war, Pimco has lent more than $10 billion to state-backed and government borrowers in the...

Fighting flared in the Persian Gulf over the weekend after the US and Oman challenged Iran’s control over the Strait of Hormuz.  On Wednesday, Oman announced a new shipping route through the Strait of Hormuz that bypassed the Iranian shipping lane. Tehran viewed the move as a violation of the memorandum of understanding (MOU) that […]