NEW - U.S. to resurrect Cold War-era 190,000-square-foot nuclear plant after a 30-year dormancy
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NEW - Italian police fire tear gas at protesters in Milan on the opening day of the Winter Olympics, opposing environmental issues related to the Games
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BREAKING: The delinquency rate on Commercial Mortgage-Backed Securities (CMBS) for offices jumped +103 basis points in January, to a record 12.3%.
This surpasses the post-2008 Financial Crisis peak by 1.6 percentage points.
The CMBS delinquency rate has soared +600% over the last 3 years.
Meanwhile, the delinquency rate for multifamily CMBS rose +30 basis points, to 6.9%, the 3rd-highest since December 2015.
The overall US CMBS delinquency rate increased +17 basis points, to 7.5%, the highest in at least 5 years.
The commercial real estate crisis is in full swing.
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This surpasses the post-2008 Financial Crisis peak by 1.6 percentage points.
The CMBS delinquency rate has soared +600% over the last 3 years.
Meanwhile, the delinquency rate for multifamily CMBS rose +30 basis points, to 6.9%, the 3rd-highest since December 2015.
The overall US CMBS delinquency rate increased +17 basis points, to 7.5%, the highest in at least 5 years.
The commercial real estate crisis is in full swing.
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Me watching folks rushing to explain why exactly Bitcoin crashed on Thursday while they had no insights before it happened
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NEW - Authorities are investigating three incidents of damage to railway lines in a suspected sabotage on Italy's railway network related to the Olympic games protests
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The DOJ removed an 86-page document from the Epstein files titled “Investigation into Potential Jeffrey Epstein Co-Conspirators,” which outlined interviews with alleged victims, investigative subjects, and legal counsel representing Les Wexner.
The document identifies several figures in redacted form, including Ghislaine Maxwell, Jean-Luc Brunel, Nadia Marcinkova, Sarah Kellen, Adriana Ross, and Leslie Groff.
It also cites sexual-assault allegations tied to Jeffrey Epstein, Maxwell, Harvey Weinstein, Brunel, Leon Black, Jes Staley, Prince Andrew, and Glenn Dubin.
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The document identifies several figures in redacted form, including Ghislaine Maxwell, Jean-Luc Brunel, Nadia Marcinkova, Sarah Kellen, Adriana Ross, and Leslie Groff.
It also cites sexual-assault allegations tied to Jeffrey Epstein, Maxwell, Harvey Weinstein, Brunel, Leon Black, Jes Staley, Prince Andrew, and Glenn Dubin.
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Anti-ICE protestors in Minneapolis threw rubber dildos onto the car of a fellow protestor
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Illinois citizens are debating joining Iowa as a result of Chicago's dominance over the state, causing high property taxes, liberal laws, and abusive gerrymandering
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CHINA: An African groom was covered with red paint during his wedding ceremony by the bride's younger brother.
Reports suggest that the brother did this to express his absolute rejection of the marriage.
Absolute patriot.
ANCESTOR CRY. NOT ALLOW!
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Reports suggest that the brother did this to express his absolute rejection of the marriage.
Absolute patriot.
ANCESTOR CRY. NOT ALLOW!
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MINNESOTA: Mass Arrests, Clashes After Unlawful Assembly Declared at Minneapolis Whipple Building
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European stocks are experiencing an incredible run:
The Stoxx 600 index has gained for 7 consecutive months, the longest streak since 2013.
This is also the 2nd-best run this century and one of the strongest in 40 years.
During the streak, the index has rallied +14.4%.
The run has been fueled by mining stocks, with the Stoxx Basic Resources index surging +65.6%.
Banking stocks have followed, with the Stoxx Banks index soaring +39.9%.
Is Europe's economy finally starting to gain momentum?
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The Stoxx 600 index has gained for 7 consecutive months, the longest streak since 2013.
This is also the 2nd-best run this century and one of the strongest in 40 years.
During the streak, the index has rallied +14.4%.
The run has been fueled by mining stocks, with the Stoxx Basic Resources index surging +65.6%.
Banking stocks have followed, with the Stoxx Banks index soaring +39.9%.
Is Europe's economy finally starting to gain momentum?
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Bath salts making a comeback. Bystanders recorded in shock as a man, who appeared to be high on drugs, went feet first through the rear windshield of a woman’s Nissan sedan. Strange way to get in your car
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