Turkish State Takes Near-Total Control Of US-Sanctioned Bank Over IRGC Ties

Qatar is warning that there will be significant global consequences if the Strait of Hormuz is not reopened soon. Iran closed the Strait in response to the war started by the US and Israel. President Donald Trump also imposed a blockade of Iranian ports.  On Monday, Qatar’s Foreign Ministry spokesperson, Mohammed Al-Ansari, said reopening the […]

Victor Hanson: What Is It With The Fickle Europeans? Via The Daily Signal, This is a lightly edited transcript of a segment of “Victor Davis Hanson: In His Own Words” podcast from Daily Signal. What is it with the fickle Europeans? I know that they have different interests than ours, but we’re both Western entities. You’d think that we’d be more collaborative on the effort to disarm and denuclearize Iran. But a lot of strange things are happening. The traditional use of the Diego Garcia critical airbase in the Indian Ocean, run by the British,...

The Commercial Real Estate Crash Is Moving From Paper Losses To Realized Losses The great commercial real estate waiting game may finally be running out of time, according to Bloomberg. For years after Covid fundamentally changed how Americans use office space, lenders and property owners managed to postpone much of the financial damage. Loans were modified, maturities were pushed out and buildings were given more time to recover. The basic assumption was that eventually interest rates would come down, employees would spend more time downtown and refinancing markets would reopen. Instead, many...