Sen. Graham Urges Congressional Iran Vote...On Approving Peace, Not War

Preparation For Martial Law? Europe To Recruit Migrants For "National Defense" Europe's lack of military readiness has become painfully obvious in recent years, due largely to the war in Ukraine as well as the Trump Administration's efforts to force NATO members to fulfill their basic obligations.  Specifically, Russia's successful use of attrition tactics against NATO supported forces in Ukraine has exposed a significant weakness in western military doctrine. New and cheap technologies (including drone technologies) are making large scale maneuver warfare obsolete.  The era of super-weapons dominating the battlefield with minimal manpower...

IEA Chief Warns Gulf Flows May Take Six Months To Restore After Biggest-Ever Energy Shock The head of the International Energy Agency told the Financial Times on Friday that the world is severely underestimating the scale of the Gulf energy shock, and that it may take at least six months to restore disrupted oil and gas flows. Fatih Birol described the conflict, now in its third week, as "the greatest global energy security threat in history", and said it would take time "to have oil and gas rehabilitated". "It will be six...

Blue Owl Gates Investors Again After Top BDCs Hit With Massive 38%, 19% Redemption Requests After a catastrophic Q1 for private credit BDCs, Q2 is proceeding just as many had expected: just as bad. After alternative asset manager titans such as Apollo, Blackrock, Blackstone and Cliffwater all gated their investors for a second straight quarter following a surge in redemption requests that easily surpassed what took place in Q1, earlier today we learned that the ground zero of the private credit implosion - Blue Owl Capital - was also slammed with...