Just Days After Record IPO, SpaceX To Sell $20 Billion In Bonds

Italian Diplomatic Sources Deny Talks With Iran To Open Hormuz Update(1140ET): Italy denies talks with Iran, but still nothing official on a public level from government ministers: No negotiations are under way with Iran to guarantee safe passage through the Hormuz Strait for Italian ships or oil tankers, an Italian Foreign Ministry source has told Reuters, denying a report in The Financial Times. “In their diplomatic contacts, Italian leaders want to favour the conditions for a general military de-escalation, but there is no under-the-table negotiation aimed at preserving only some merchant ships...

US Treasury Extends Russian Crude Waiver Amid Supply Disruptions Authored by Kimberley Hayek via The Epoch Times, The Trump administration renewed a key sanctions waiver on April 17, allowing countries to purchase Russian oil stranded at sea, responding to urgent pressure from Asian nations battered by skyrocketing energy costs. The move also reverses a position Treasury Secretary Scott Bessent had stated two days earlier. The Treasury Department’s Office of Foreign Assets Control issued General License 134B on Friday, authorizing transactions tied to Russian crude and petroleum products loaded onto vessels as of that...

The Fourth Turning Is Here: The Old Order Is Breaking Down Authored by Chris MacIntosh via InternationalMan.com, In 1997, historians William Strauss and Neil Howe published “The Fourth Turning,” a cyclical theory of Anglo-American history built around generational archetypes and recurring saecular rhythms of approximately 80 to 100 years — roughly the length of a long human life. Their framework identified four “turnings,” each lasting roughly 20 to 25 years, that repeat in sequence. The First Turning, the High, is an era of institutional confidence and community solidarity following a great crisis. The rules...