As US Initiates Blockade Of Hormuz, Trump Warns Any Iranian Ships Coming Near Will Be 'Eliminated'

The US has proposed holding talks with Iran that would be led by Vice President JD Vance and Iran’s parliament speaker, Mohammad Bagher Ghalibaf, with Turkey acting as the mediator, Al-Monitor reported on Monday, citing a Turkish source. The report said that so far, there’s been no response from Iran, and Ghalibaf called reports from […]

Russia & Ukraine Declare Ceasefires That Will Begin On Different Days Authored by Dave DeCamp via AntiWar.com, Russia said on Monday that it would observe a ceasefire with Ukraine on May 8 and May 9 to observe Victory Day, when Russia celebrates the Soviet Union's victory against Nazi Germany in World War II, but it’s unclear if the truce will hold, as Ukrainian President Volodymyr Zelensky responded by declaring a ceasefire that will start earlier. "As of today, there has been no official appeal to Ukraine regarding the modality of a cessation of hostilities...

"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...