The New York Times reported last week about the major influence billionaires in the U.S. have in elections, and said in 2024 alone, 300 billionaires and their immediate family members doled out more than $3 billion on elections, which accounts for 19 percent of all donations.
The private credit market is approaching a sharp correction, in part because many private lenders such as Blue Owl have “misrepresented” the amount of losses they have incurred, which are “larger than reported,” according to an analysis by Glendon Capital Management, a $5-billion fund that invests in distressed debt.
Mojtaba Khamenei, the new supreme leader of Iran, said in his first public statement last week that he will continue to strike U.S. bases in the region and keep the Strait of Hormuz essentially closed, indicating that Tehran has little interest in seeking an off-ramp as the war entered its second week.
President Donald Trump took to social media last week to threaten Iranians in a late-night post after it was revealed that another six American service members died when their KC-135 Stratotanker crashed in western Iraq.
Jared Kushner, President Donald Trump’s son-in-law who has been playing the role of U.S. special envoy, is trying to raise $5 billion for his private equity company, Affinity Partners.
Pete Hegseth, the secretary of War, told a press conference on Friday that the U.S. will continue to investigate the school bombing inside Iran that killed at least 175 people, mainly girls between the ages of seven and 11.
President Donald Trump said in an interview on Friday that he is not optimistic that the government in Tehran is near collapse, but vowed that it will happen at some point.
President Donald Trump’s decision to join Israel in an illegal war of aggression against Iran has left some of his most influential podcasters concerned that the president lost sight of what he promised his supporters during the 2024 campaign: that he would be a president who ends wars, not start them.
President Donald Trump was poorly advised in the lead-up to the Iran war and believed that the decapitation strike that knocked out Ayatollah Ali Khamenei would lead to a swift victory – similar to what the U.S. experienced earlier this year in Venezuela when it kidnapped Nicolás Maduro.
Regardless of the outcome of the U.S. and Israel’s war of aggression against Iran, the result is clear: the world has changed and Washington’s presence in the Middle East will never be the same.