Article
From Par To Pennies
From Par To Pennies
Submitted by QTR's Fringe Finance
Private credit’s reckoning is not arriving with one grand, spectacular crash. It is arriving slowly and steadily, one loan at a time.
For years, one of private credit’s great attractions was the remarkable stability (or perceived stability) of its valuations. Public bonds could fall ten points in a week. Leveraged loans could gap lower after a bad earnings report. But private loans somehow possessed the soothing ability to remain at 98, 99 or 100 cents on the dollar through almost anything, all while paying investors...
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May 27, 2026 / Tyler Durden
Ukraine Donor Fatigue: Half Of Countries Withdraw From Czech Ammunition Initiative
Ukraine Donor Fatigue: Half Of Countries Withdraw From Czech Ammunition Initiative
According to Czech President Petr Pavel, a full half of the Kiev-supporting Western coalition has quietly abandoned Prague's flagship initiative to jointly procure artillery ammunition for Ukraine's military.
Pavel said that while 18 countries participated last year, only nine are still making financial contributions now. "This initiative has been delivering up to 50 per cent of all large caliber ammunition to the Ukrainians, so in this sense it cannot be replaced easily by anything else," the FT on Tuesday quoted...
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Jun 8, 2026 / Tyler Durden
The Meaning Behind Putin's Response To Zelensky: "Keep On Working, Brothers"
The Meaning Behind Putin's Response To Zelensky: "Keep On Working, Brothers"
Authored by Larry Johnson via Sonar21.com
Vladimir Putin used a phrase during the closing session of the Saint Petersburg International Economic Forum (SPIEF) that I think most non-Russians missed or ignored. He said, "Work, Brothers." First, let me explain the context for Putin saying this.
Zelensky published an open letter to Putin that I, and many others, believe was timed deliberately to coincide with the SPIEF plenary session… This was a provocative move aimed at disrupting the forum's atmosphere. Putin was asked about...
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Aug 25, 2026 / Tyler Durden
Spain's Great Replacement: Half Of Unskilled Construction Workers Are Now Foreign Laborers
Spain's Great Replacement: Half Of Unskilled Construction Workers Are Now Foreign Laborers
Via Remix News,
Spain's construction industry is undergoing rapid demographic changes. Foreign-born workers in unskilled construction roles now make up 52.6 percent of all workers, according to data from Randstad from the first quarter
The data shows that foreign workers now exceed Spanish nationals for these unskilled roles by nearly 11,000 workers. The contrast is stark compared to pre-pandemic figures, when domestic laborers outnumbered foreign counterparts by more than 33,500.
Overall, the construction industry has lost 22,711 Spanish workers since 2019...
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