Trump Mocks Italy's Meloni Over Disputed G7 Photo: 'She Wants To Be Friends Again, No Thanks!'

Oh My F**king God, They're Doing It Again Submitted by QTR's Fringe Finance Assholes who wear Vineyard Vines all summer on Wall Street have once again put those Wharton PhD’s to good use by again “discovering” that assets so toxic and illiquid they make drinking cement taste like Fiji water apparently become safe when you rearrange them, rename them, and place an insurance company between the losses and the people buying them. Sound familiar? According to Bloomberg, UBS and other firms have been exploring structures that package stakes in private-credit funds into bonds....

US Officials Confirm Saudi East-West Pipeline Attacked By Drones, Badly Damaged Summary Saudi oil pipeline attacked: US officials confirmed strikes on Saudi pumping stations, with drones likely launch from Iraq. Houthis expand in Yemen: Houthi forces are gaining control along the Red Sea coast, threatening key shipping routes. Oil and diesel prices rising: Russia’s damaged refining capacity and shipping disruptions are also tightening fuel markets. Stagflation risk grows: Higher energy and shipping costs could push inflation higher while weakening global economic growth. Strait of Hormuz traffic returns to normal by November 30? Yes 13% · No...