The Market Keeps Escaping: Private Credit, Real Risk, and the Infinite Regress of Financial Regulation

Populism Is Not Dead Yet: Bulgaria's Pro-Russia Ex-President Radev Wins In Landslide Victory Despite Orban's loss in Hungary earlier this month, Europe's populist right is not dead by a longshot. Official results released Monday show former President Rumen Radev’s Progressive Bulgaria coalition capturing roughly 44.6-44.7% of the vote in Sunday’s snap parliamentary elections, delivering an absolute majority of approximately 130-135 seats in the 240-seat parliament. It marks the first time since 1997 that a single political force in Bulgaria will be able to govern without coalition horse-trading. Radev, who stepped down...

Xi Touts Communist Party's Global Reach, Hails PLA's Rising Strength In 105th Anniversary Address Chinese President Xi Jinping used a major speech marking the 105th anniversary of the Chinese Communist Party on Wednesday to both tout China's global influence and pledge a stronger armed forces build-up while staying steadfast in an ongoing crackdown on corruption within top military ranks. Bloomberg concluded of the speech, "Xi Jinping signaled China's ambition to play a more high-profile role, a strategy that involves rallying developing nations as a counterweight to what he views as fading...

Most Americans are not buying the White House’s narrative that the war on Iran is making the world a safer place.  A poll released by Fox News on Wednesday found that 51% of Americans believe they are “less safe” because of the US and Israeli war against Iran. Only three in ten Americans thought the […]