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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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Mar 17, 2026 / Kyle Anzalone
Counterterrorism Director Joe Kent Resigns Over Iran War
The Director of the National Counterterrorism Center, Joe Kent, has resigned from the Trump administration over the war in Iran. Kent was formerly a Green Beret and served in the CIA. “I cannot in good conscience support the ongoing war in Iran. Iran posed no imminent threat to our nation, and it is clear that […]
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Mar 21, 2026 / Tyler Durden
US Says Iran's Threat To Hormuz Traffic "Degraded" As 23 Nations Signal Waterway Support
US Says Iran's Threat To Hormuz Traffic "Degraded" As 23 Nations Signal Waterway Support
Three weeks into the U.S.-Israeli war on Iran, the Trump administration's central focus now is very clear: reopen the Strait of Hormuz and restore the normal passage of crude and LNG tankers through a maritime chokepoint that carries roughly one-fifth of global oil and LNG flows.
On Saturday morning, Admiral Brad Cooper, commander of U.S. Central Command and the official overseeing Operation Epic Fury, released an update on day 22 of the combat mission and stated:
Iran...
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Apr 20, 2026 / Ashes of Pompeii
Impunity? Europe as the ‘Strategic Rear’ for Ukraine
This line of argument that we shouldn’t be afraid of Russia… Maybe someone also calls us a ‘paper tiger’, like Trump called NATO, but I would caution against such parallels. We have a quality in our character like patience. ‘God was patient and commanded us to be patient too’, but patience eventually runs out. And […]
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