Gulf War Leaves $58 Billion Repair Bill And Global Equipment Crunch

Negotiators Make 'Progress' Toward 2nd Round Of Pakistan Talks, While More US Troops Prepped To Deploy Near Iran Summary The Iran war is "very close to over" with authorities in Tehran eager to agree a peace deal, Trump says, adding: "We've beaten them militarily." Axios cites 'progress' toward framework to end war. AP/Bloomberg reporting the two sides have an "in principle agreement" to pursue further diplomacy; however, this is batted down as 'unconfirmed' by Tehran & a US official. The Pentagon is sending thousands of additional troops into the Middle East in coming...

Hillary Clinton Breaks With Party Line, Admits Mass Migration Is "Disruptive & Destabilizing" After U.S. Secretary of State Marco Rubio spoke earlier on Saturday at the Munich Security Conference, where he said the U.S. and Europe "belong together" and argued for a stronger West, former Secretary of State Hillary Clinton, who served under former President Barack Obama, appeared on a panel later that afternoon and made surprising remarks about mass migration. Clinton participated in a panel titled, "The West-West Divide: What Remains of Common Values," and said that mass migration...

The Private Credit Crisis Is Spreading Submitted by QTR's Fringe Finance The private credit crisis is spreading to another corner of the market that I warned about back in October, when I wrote about 10 parts of the market I’d avoid. For years I’ve been warning that buy now pay later (“BNPL”) industry was built on a pretty fragile foundation. The quality of the loans was always the obvious problem. The entire business model revolves around extending instant credit with minimal underwriting to consumers making small purchases. Companies whose primary innovation is allowing consumers to...