Embassy Tells Americans Still In Lebanon Depart Now While Flights Available As Ceasefire Collapsing

Private Credit's Problems Just Got Real Submitted by QTR's Fringe Finance For most of this year, the private credit story I’ve written about (and warned about) has been about investors trying to get their money out. Now the loans themselves appear to be cracking. The Wall Street Journal reported yesterday that defaults across several of the largest publicly traded private credit funds have climbed to their highest levels in at least five years, while watchlists of troubled borrowers are simultaneously expanding and investor returns are deteriorating. In other words, the private credit mess I’ve been documenting...

California Bans Government Officials From Using Insider Knowledge To Bet On Prediction Markets Authored by Dylan Morgan via The Epoch Times, California Gov. Gavin Newsom on Friday issued an executive order banning state officials from using insider knowledge to profit, or assist another person in profiting, on prediction markets, effective immediately. The governor’s office said there have been mounting reports of individuals in the federal government with access to sensitive government information placing well-timed bets ahead of major Trump administration actions. These reports are currently allegations and have yet to be verified. “Public...

Sweden Seizes Another Suspected Russian 'Dark Fleet' Tanker, Despite US Easing Sanctions Washington has eased sanctions on countries buying Russian oil in connection with the Iran war and Strait of Hormuz crisis, an easing welcomed by the Kremlin, but which has caused angst and anger among pro-Ukraine campaigners. The US waiver is active for a month, and applies to crude which has has been floating at sea and thus was unable to be sold. However, this hasn't stopped some European countries from moving against tankers without proper registration and flags. Illustrative file imagec Sweden,...