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Wednesday, November 13, 2019
one-bank-finds-major-cracks-in-the-leveraged-credit-market

One Bank Finds Major Cracks In The Leveraged Credit Market

In many ways, the fact that the leveraged loan market has been so remarkably stable, despite the occasional high profile blow up, in a time of relentless redemptions from loan funds which have seen weekly outflows for nearly one full year resulting in $22BN in outflows YTD... ...  coupled with dropping rates, both of which…
major-blaze-at-iran-oil-refinery-raises-suspicions-of-saudi-revenge-attack

Major Blaze At Iran Oil Refinery Raises Suspicions Of Saudi Revenge Attack

A section of Iran’s sprawling Abadan oil refinery in the southwest of the country went up in flames Saturday, and state media sources reported the emergency was under control as of Sunday morning.  State media is describing it as "a fire in a canal carrying waste from Iran’s Abadan oil refinery," with Iranian official broadcaster IRIB saying, “The…
iran-vows-major-war-even-if-us-conducts-“limited-strikes”

Iran Vows Major War Even If US Conducts “Limited Strikes”

Just after on Friday Pentagon leaders presented Trump with numerous "military options" for a response to Iran following last week's twin attacks on Saudi Aramco facilities, Iran has again put the US on notice that any "limited attack" will assuredly lead to major war. The briefing on “options” for responding to Iran were followed by…
ev-makers-face-one-major-problem

EV Makers Face One Major Problem

Authored by Irina Slav via OilPrice.com, If one listens to statements from carmakers with ambitious EV plans, one’s left with the impression that the world is in for a true automotive revolution and that those of us in their middle age right now will actually live to see a world with an almost entirely electric…
mapping-all-the-major-bitcoin-forks

Mapping All The Major Bitcoin Forks

The emergence of Bitcoin took the world by storm through its simplicity and innovation. Yet, as Visual Capitalist's Ashley Viens details, plenty of confusion remains around the term itself. The Bitcoin blockchain - not to be confused with the bitcoin cryptocurrency - involves a vast global network of computers operating on the same distributed database…
manhattan-goes-dark:-major-power-outage-hits-nyc-on-anniversary-of-1977-great-blackout

Manhattan Goes Dark: Major Power Outage Hits NYC On Anniversary Of 1977 Great Blackout

Update: Manhattan, from Midtown south, remains in darkness. The following 'before' and 'after' images show the extent of the blackout... I took the second picture yesterday. There’s a difference of 24 hours and 27 minutes based on the camera roll time stamps. #blackout #NYCblackout Manhattan pic.twitter.com/xV0jXtCRs4 — Aziz Musa (@AzizJM) July 14, 2019 And all…
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