IMO Pauses Hormuz Ship Evacuations After Vessel Struck Off the Coast of Oman

From 'Model Migrant' To Wife-Chopper: Integration Poster-Boy Accused Of Grisly Murder Via Remix News, The Eritrean migrant accused of dismembering his partner and the mother of his daughter was once held up as a “model migrant” 10 years ago in a variety of German newspapers. These papers reported that he was an example of how “integration” could work. Today, 41-year-old Asmerom G. is accused of butchering his own wife. In fact, authorities have still not found her head. German media were still singing his praises in 2016. The man from Eritrea had landed...

Renter Nation Returns? Multi-Family Unit Starts & Permits Soar In April On the back of a small uptick in homebuilder confidence (though still languishing)... ...Building Permits jumped notably (+5.8% MoM vs +2.5% exp) in preliminary April data (while Housing Starts dipped 2.8% MoM, though less than the 5.2% MoM decline expected)... The pace of starts and permits on a SAAR basis has remained flat for four years... Multi-family unit starts and permits soared in April... As single-family home starts stagnate... It appears builders believe that 'Renter Nation' is on its way back. ...

Morgan Stanley Projects SpaceX Revenue Hitting Stratospheric $3.4 Trillion In 2040, $2.7 Trillion In EBITDA Yesterday we shared a forensic analysis of the mechanics of the $75 billion SpaceX IPO and how to trade it, while specifically saying we are leaving the fundamentals aside. The reason for that is that the historicals of the company are, to put it mildly, problematic when it comes to projecting how the company grows into a multi-trillion behemoth.  As a reminder, SpaceX posted revenue of just under $20 billion for the LTM period, with approximately...