Logistical Nightmare Unfolds As Rhine Plunges Toward Record Low

The 'Blame Game' In Private Credit Begins Submitted by QTR's Fringe Finance This morning I warned (again) this wasn’t a normal market in private credit. It was a liquidity event. And today it’s becoming something else too. According to the Financial Times, the SEC is now questioning whether Egan-Jones, a small but deeply embedded credit rating agency in private credit, can “consistently produce credit ratings with integrity.” That’s not a routine inquiry. That’s the regulator openly wondering whether one of the key cogs in the machine was ever doing its job properly in the first place....

India Blocks Mobile Internet In Central Delhi As Youth Protests Escalate The Indian government has ordered telecom companies to disable ​mobile data services in central parts ‌of the capital Delhi, in and around the site of youth protests seeking the resignation ​of the education minister, two sources ​told Reuters on Thursday. The companies have ⁠complied with the order, Reuters sources ​said. There was ‌no ⁠mobile data connectivity in many parts of central Delhi on Thursday evening, Reuters journalists said. Vendors, shopkeepers and restaurants ​complained that ​they were ⁠unable to accept digital payments. India’s youth...