Article
PIMCO Privately Lends Over $10 Billion To Dollar-Strapped Gulf States
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...
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Apr 17, 2026 / Tyler Durden
Record Share Of Home Sellers Cut Listing Prices In February: Report
Record Share Of Home Sellers Cut Listing Prices In February: Report
A record share of home sellers cut their listing prices in February as competition for homebuyers necessitated steep price reductions, an April 9 report by real estate platform Redfin said.
About 34.2 percent of sellers reduced their listing prices in February, up from 31.5 percent in the same month a year earlier, according to Redfin’s analysis of MLS data.
That was the highest February share since the firm began tracking MLS records in 2012.
The sellers who cut their listing prices reduced...
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Jun 11, 2026 / Andrew P. Napolitano
A Requiem For Privacy
When President Donald Trump appointed an obviously unqualified friend, a home builder executive, to be acting director of national intelligence, he inadvertently triggered attention to Section 702 of the Foreign Intelligence Surveillance Act. The director of national intelligence is the head of the umbrella agency that gathers intelligence from the 17 federal spying agencies and […]
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May 10, 2026 / Tyler Durden
Iran Responds To US Peace Proposal, While Threatening 'Decisive' Strike On UK, French Warships If They Approach Strait
Iran Responds To US Peace Proposal, While Threatening 'Decisive' Strike On UK, French Warships If They Approach Strait
Summary
Iran warns of 'decisive, immediate' response to British or French warships approaching Hormuz Strait.
Iran responds Sunday to US peace proposal, finally submitting something official to Pakistan. Details not initially disclosed. Trump TS: Iran "playing games with the United States."
IRGC new warning: will unleash "heavy attack" on US bases in region if more Hormuz aggression persists.
The still not publicly seen Supreme Leader has met with a top Iranian military commander to talk 'readiness' against...
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