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Meta Raising $13 Billion SPV For Texas Data Center As Its CDS Hits Record
Meta Raising $13 Billion SPV For Texas Data Center As Its CDS Hits Record
Back in January, just days before the latest private crash swept across markets, we reminded readers that one of the biggest abusers of private credit SPVs was none other than Meta which as of 2025 was "already neck deep in off-balance sheet debt." We then showed a schematic of its $27.3 billion SPV with private credit ground zero - Blue Owl - titled "Project Beignet", which was created for Meta's Hyperion data center, "none of this...
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Apr 14, 2026 / Kyle Anzalone
Trump Says US-Iran Talks Could Resume in the Next Two Days
President Donald Trump announced the US and Iran may resume talks in Pakistan in the next two days. Islamabad is attempting to broker an agreement between Washington and Tehran to end the war in the Middle East. On Tuesday, Trump told The New York Post that talks with Iran “could be happening over next two […]
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Apr 30, 2026 / Dave DeCamp
China’s Foreign Minister Tells Rubio That Taiwan Is the ‘Biggest Risk Factor’ in US-China Relations
Chinese Foreign Minister Wang Yi spoke with US Secretary of State Marco Rubio and told him that the issue of Taiwan is the “biggest risk factor” in relations between Washington and Beijing, Chinese media has reported. “The Taiwan issue concerns China’s core interests and is the biggest risk factor in China-US relations,” Wang said, according […]
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Apr 9, 2026 / Tyler Durden
GOP Blocks Congressional Democrats Attempt At Iran War Powers Vote
GOP Blocks Congressional Democrats Attempt At Iran War Powers Vote
(Update 1245ET): House Republicans thwarted Democrats’ attempt to unanimously restrict President Donald Trump’s war powers in Iran, declining to recognize the lawmaker who sought to offer it during a pro forma session Thursday.
As Bloomberg reports, the forced-adoption attempt was destined to fail, but it previewed Democrats’ focus on rebuking the war in Iran when the chamber returns to session next week. Rep. Glenn Ivey (D-Md.) asked for unanimous consent to advance the Iran war powers resolution during a pro forma, or...
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