US Bombs Somalia for 69th Time This Year

DOJ Probes BlackRock Private Credit Fund Valuations After Dramatic Repricings It all started in late January, just before the Blue Owl debacle and the SAAS-palcypse sparked a historic crash in private credit.  It was then that in a rare off-cycle disclosure, BlackRock TCP Capital Corp., a publicly traded private-credit fund structured as a business development company (BDC), disclosed a 19% markdown in net asset value as troubled loans weighed on performance. The news not only sent shares of the fund plunging 13% on Jan. 26, the most since March 2020 but market...

European Official Warns That Americans Can Be Silenced By EU Online Speech Laws Authored by Kevin Stocklin via The Epoch Times (emphasis ours), Europeans who face criminal charges for what they said or wrote warned that Europe’s speech laws can silence Americans as well, regardless of the U.S. Constitution’s First Amendment protections.  Finnish Member of Parliament Paivi Rasanen arrives to attend a court session at the Helsinki District Court in Helsinki, Finland, on Jan. 24, 2022. Antti Aimo-Koivisto/Lehtikuva/AFP via Getty Images While testifying before the House Judiciary Committee last week, Paivi Rasanen, a...

The Senate version of the 2027 National Defense Authorization Act (NDAA) includes three-quarters of a billion dollars in military aid for Ukraine. President Donald Trump cut US military aid to Ukraine, although he has continued to sell weapons to NATO that are transferred to Kiev.  On Thursday, the Republican controlled Senate Armed Services Committee added […]