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Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right'
Trump Confirms Possible U.S. Takeover Of Spirit If 'Price Is Right'
Summary:
Trump Confirms possible U.S. Gov't takeover of Spirit
WSJ says the Trump administration's possible $500 million rescue deal could leave the U.S. government with 90% control.
WSJ says Commerce Secretary Howard Lutnick is leading the effort in U.S.-Spirit talks.
BBG reported earlier on a potential $500 million rescue loan for Spirit.
News of a possible rescue loan for Spirit emerged last week.
Polymarket:
US takes a stake in Spirit Airlines by May 31?
Yes 36% · No 64%View full market & trade...
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Submitted by Michael Kern of OilPrice.com,
The UK is hosting (yesterday and today) a two-day multinational conference convening military planners from more than 30 countries as Britain and France renew efforts to re-open the Strait of Hormuz.
The two-day conference takes place just after U.S. President Donald Trump late on Tuesday extended the U.S.-Iran ceasefire until negotiations with Iran conclude “one way or the other.”
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Hopes...
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