Guggenheim Loan Craters, Fund Hits GFC Lows As Feds Probe Walter's Empire

US Escalates Crackdown On Overseas Scam Network Targeting Americans Authored by Arthur Zhang via The Epoch Times, The United States has taken coordinated action against a Southeast Asia-based scam and money-laundering network that officials say used forced-labor compounds and online investment fraud to steal billions of dollars from Americans. Scam center workers and victims from China arrive at the border checkpoint with Thailand, in Myawaddy, Burma, on Feb. 20, 2025. Hundreds of Chinese workers were heading home after being freed from online scam centers. STR/AFP via Getty Images The Treasury Department on June...

New Strikes On Iran Significantly Stronger Than Earlier Attacks, As IRGC Targets US Navy Warships Summary:  US strikes on Iran announced, as 'heavy costs' for earlier targeting of multiple commercial vessels Oil rises as Treasury revokes June 21 Iran oil waiver Hormuz Threat Level Raised To "Severe"  Three maritime incidents reported on Hormuz in last 24 hours  Another unidentified vessel hit by a Drone IRGC forces hit a Saudi Tanker  IRGC forces hit a Qatari LNG tanker *  *  * 'Four to Five Times Larger' Than Earlier Strikes US officials are vowing bigger, more sustained and prolonged strikes against Iran tonight,...

China Reopens Fuel Export Spigot, Offering Relief To Asian Buyers Beijing is reversing its curbs on refined fuel exports after halting shipments in the opening days of the U.S.-Iran conflict. This move suggests that Chinese domestic inventories are now at comfortable levels, allowing state refiners to reopen the export spigot, even as much of Asia remains gripped by a fuel shock caused by disrupted Gulf energy flows through the Hormuz chokepoint. There was chatter earlier this week that China's state-owned refiners were applying for government permits to resume fuel exports...