Washington Gets A Win After Post-Maduro Venezuela Withdraws From ICC

Supreme Court Backs Trump's Mail-In Ballot Overhaul The Supreme Court sided with President Trump over his plan to use the Postal Service to impose broad new restrictions on the distribution of mail ballots. Over the dissent of the court's three liberal judges, SCOTUS' ruling means that the Trump administration can move forward with a proposal for DHS to compile state-specific lists of people it believes are eligible to vote in the Democratic-led states that had challenged the plan in court. Justice Sonia Sotomayor, joined by Justice Elena Kagan, wrote that they believed...

Blue Owl Gates Investors Again After Top BDCs Hit With Massive 38%, 19% Redemption Requests After a catastrophic Q1 for private credit BDCs, Q2 is proceeding just as many had expected: just as bad. After alternative asset manager titans such as Apollo, Blackrock, Blackstone and Cliffwater all gated their investors for a second straight quarter following a surge in redemption requests that easily surpassed what took place in Q1, earlier today we learned that the ground zero of the private credit implosion - Blue Owl Capital - was also slammed with...

China Sidesteps Solar Targets In New Five-Year Plan China’s latest five-year plan avoids setting ambitious solar targets, signaling rising challenges for the sector after years of explosive growth, according to Bloomberg. Released during the annual National People’s Congress, the plan does not include a goal for solar installations by 2030. That omission contrasts with clearer commitments elsewhere in the energy mix, including plans to double offshore wind capacity and expand nuclear and pumped-hydro power. Solar receives relatively little attention overall, while policymakers instead emphasize broader transition initiatives such as zero-carbon industrial...