Bonds Crash Most Since Liberation Day After Catastrophic 5Y Auction; 2nd Biggest Tail On Record

EU Approves Biggest Russia Sanctions Yet After Holdout Greece Secured LNG Exemption What is there left to sanction and what is its effectiveness? Europe is boasting of no less that its 21st package of sanctions against Russia, approved by the EU on Thursday. Apparently it has found plenty of entities still to sanction, as the compiled blacklisting is said to be the EU's largest in four years, targeting primarily financial and energy sectors. The bloc also agreed to freeze the Russian oil price cap at current levels for another year, alongside...

Lavrov Warns That If NATO Attacked Russia, War Would Be "Very Short" Russian Foreign Minister Sergey Lavrov has again responded to allegations of European officials that Moscow seeks to expand the war beyond Ukraine. We earlier detailed how recent drone spillover from the conflict, including explosive-laden drones coming out of Belarusian territory and threatening the Baltics, has resulted in Western officials increasingly alluding to NATO 'collective defense'. This is highly dangerous as it means the situation could rapidly escalate into full-blown Russia-NATO direct confrontation on the basis of a single aircraft shootdown. In...

What Makes A Great Entrepreneur? Lessons From The Greats Authored by Rainer Zitelmann via RealClearMarkets, What personality traits distinguish successful entrepreneurs? This question has occupied academic research on entrepreneurship for decades, with scholars examining the relationship between personality traits and entrepreneurial success. When we want to understand or recognize something, we often do so by making comparisons. About 200 years after the birth of Christ, the Greco-Roman historian and philosopher Plutarch wrote a collection of parallel biographies of famous figures from Greek and Roman history. By comparing their characters, decisions, and lives,...