Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year

Pentagon Prepares A-10 Warthog Surge As Mideast Fleet Set To Double The Department of War is preparing to double its fleet of Fairchild Republic A-10 Thunderbolt IIs, better known in the aviation community as "Warthogs," in the Middle East in the very near term, The New York Times reported Wednesday. The surge of additional Warthogs, as many as 18, on top of the roughly dozen A-10s already operating in the region, has already been used to sink Iranian boats in the Hormuz chokepoint and strike Iran-backed militias in Iraq, according...

Embassy Tells Americans Still In Lebanon Depart Now While Flights Available As Ceasefire Collapsing The US-mediated Lebanon ceasefire is unraveling fast amid intensified fighting between Israel and Hezbollah on Thursday. This has resulted in the US embassy in Beirut issuing an urgent renewed security alert, urging US citizens to depart Lebanon while commercial flight options are still available. via AFP The statement explained the security situation "remains complex and can change quickly." It further said that those who don't or cannot leave must be prepared to encounter emergency situations, and also warned of unexploded ordnance...

Pakistani Warplanes Land In Saudi Arabia For Start Of Mutual Defense Pact Via The Cradle A Pakistani military force arrived at Saudi Arabia's King Abdulaziz Air Base on Saturday, as part of a strategic defense pact between the two countries, the kingdom's defense ministry has announced. The Pakistani force includes air force fighter jets and support aircraft. It was sent to Saudi Arabia to "enhance joint military cooperation, raise operational readiness, and support security and stability in the region," the ministry's statement said. Pakistan Air Force image The military deployment arrived following five weeks of...