Farage Resigns As MP To Force 'People Vs. The Establishment' By-Election

Houthis Claim Fourth Attack On Saudi Aramco Refineries This Month Yemen's Houthis, or the Ansar Allah movement, released a statement Thursday announcing new military operations against Saudi Arabia which targeted an Aramco facility and an airport in Najran province, saying that forces "carried out two military operations using two drones." "The first targeted a sensitive target belonging to the Saudi enemy at Najran Airport, while the second targeted Aramco in Najran. Both operations successfully achieved their objectives, by God’s grace," the Houthi statement declared. LinkedIn/Reuters  Najran is a mid-sized city of around 400,000 and is located in...

Iran Reveals Draft Of Trump-Touted MoU To Be Signed Sunday: $25BN Asset Unfreeze, Enriched Uranium Dilution On The Table Iran Weighs In on Anticipated MoU Signing Details, Potential Unresolved Issues Bloomberg and Reuters are reporting Sunday some fresh details on Iran's version of what the MoU to be signed - which President Trump says will happen today (albeit remotely) will inlcude. "A draft of the US-Iran memorandum of understanding included diluting highly enriched uranium within Iran and the release of $25b of Iran’s frozen assets, Reuters reports citing a senior Iran official...

Gundlach Warns "Bagholders" Will "Lose Money" In Private Credit As BDCs Slash Asset Values, JPM Faces $500MM Loss In Biggest "Hung" Deal This Year Add another vocal warning to the chorus singing about the dangers of private credit.  DoubleLine CEO Jeffrey Gundlach, who has been especially critical of private credit for the past year warning last November that the space “has the same trappings as subprime mortgage repackaging had back in 2006,” raised fresh concerns about financial advisers and other principals who ushered retail investors into private credit and other so-called...