Iran Reveals Draft Of Trump-Touted MoU To Be Signed Sunday: $25BN Asset Unfreeze, Enriched Uranium Dilution On The Table

Missiles Rain Down On Northern Israel In Large Hezbollah 'Revenge' Operation Northern Israel has come under heavy attack from Hezbollah on Saturday, after this past week a full-scale war has resumed in southern Lebanon, which even saw the resumption of Israeli airstrikes on Beirut's southern suburbs, much further to the north. Even while Tel Aviv maintains the illusion of a ceasefire with Lebanon (as in, its government and national army), there is no ceasefire with Iran-linked Hezbollah, following weeks of sporadic drones being sent on northern Israel, as well as troop...

US Company Gets Approval To Build The World's First Fusion Power Plant In Washington Authored by Ameya Paleja via Interesting Engineering, US-based fusion energy company Helion has received the regulatory clearances to build the world's first fusion energy power plant. The company has received a Radioactive Materials License (RML) and a Radioactive Air Emissions License (RAEL) from the Washington Department of Health (DOH), clearing the way to begin construction of the generator building at the power plant site. Helion's Orion reactor is set to be the world's first fusion power plant.Helion Energy As...

BlackRock Private Credit Fund Cuts Asset Values By 5%, As Golub Gates After 8.5% Redemptions Just another day in private credit paradise... er, hell.  One day after Gundlach repeated his warning that the private credit crisis will end in tears for bagholders, Blackrock cut the value of its publicly-traded private credit fund by about 5%, as it - like most of its peers - struggled under the weight of troubled loans, markdowns and lower returns. BlackRock TCP Capital Corp., a publicly traded middle-market lending fund, said markdowns totaled $35 million in the quarter...