Spain Clears Way For US Extradition Case Against Cox Media Heir Turned Communist Financier

An excerpt from ‘The Great Betrayal.’ Joe Biden’s presidency may ultimately come to be seen as a cautionary tale. Here was a president who showed little interest in entertaining arguments that might have contradicted his most deeply held assumptions.[1] And there were precious few within the upper ranks of the administration who might have attempted to […]

Blackstone's Flagship Private Credit Fund, World's Largest, Posts First Monthly Loss Since 2022 It only took a constant barrage of negative news surrounding the private credit space, including a surge in redemptions, investor gating, questions about loan markets as well as outright fraud, not to mention relentless criticism from of some of the biggest luminaries in credit, including Saba's Boaz Weinstein and Diameter's Scott Goodwin, for Blackstone to concede that its private credit book may have been mismarked. According to Bloomberg, Blackstone's flagship private credit fund - and the world's largest...

Hormuz And The Law Of Diminishing Returns: When Leverage Burns Authored by Tamuz Itai via The Epoch Times, For months, the assumption that the Strait of Hormuz was Tehran's ultimate card dominated commentary on the war. Vessels are seen in the Strait of Hormuz, off the port city of Bandar Abbas in southern Iran on Aug. 10, 2026. Atta Kenare/AFP via Getty Images As a narrow waterway through which roughly one-fifth of the world's oil and a substantial share of liquefied natural gas had historically passed, it appeared to be a chokepoint Iran...