Russia and Ukraine Accuse Each Other of Violating Three-Day Ceasefire

Indian Refiners Freeze Domestic Jet Fuel Prices Indian refiners have frozen the price of jet fuel for domestic flights after airlines asked for a respite from fuel price hikes, Bloomberg has reported, adding that in April, jet fuel prices jumped by 8.6% in response to tighter supply. In an additional concession to airlines, Indian fuel makers also reduced the price of jet fuel for international flights, the report also said, citing unnamed spokespeople from state-owned refiners. Indian Oil Corp., Bharat Petroleum Corp, and Hindustan Petroleum Corp. have hiked fuel prices four times...

China-Linked Socialist NGO Derailed $23.6 Billion In Data Center Buildouts: Report Our note on Thursday titled "World's Largest Data Center Project On Verge Of Collapse After Blackstone Unexpectedly Pulls Out" detailed Blackstone dialing back its presence from Northern Virginia's data-center alley, raising questions about whether the AI infrastructure buildout, colliding with local resistance movements, has begun to hit hard limits. Just days after agreeing to sell stakes in three Virginia data centers to Digital Realty Trust for $3.5 billion, Blackstone's QTS Realty Trust is reportedly abandoning plans for its portion of...

The Permanent Distortion Theory Submitted by QTR's Fringe Finance “This time it’s different” is supposed to be the dumbest phrase in investing. It’s the phrase people use right before they get obliterated. It was the rallying cry of dot-com lunatics buying companies with no revenue in 1999. It was the intellectual foundation of housing perma-bulls in 2006 who believed home prices could only go up because, apparently, Americans had collectively decided real estate was immune mathematical reality. It’s typically what people say when they’re trying to justify paying absurd prices for dogshit assets...