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Private credit’s $3 trillion boom is facing its most serious test yet. A string of bankruptcies, fraud indictments and redemption freezes is exposing vulnerabilities in the fast-growing corner of finance that flourished in the post-2008 era of low rates and loose liquidity. “The ‘Golden Era’ of private credit just hit a wall. Blue Owl Capital…
Bitcoin tumbled more than 5% to fall below $63,000 on Tuesday as investors continued to grapple with escalating tariff tensions and broader geopolitical risks. The world’s largest cryptocurrency fell as low as $62,964.64 amid investor pressure to move away from risk assets. “The move lower in bitcoin looks less like a crypto‑specific shock and more…
NEWYou can now listen to Fox News articles! President Vladimir Putin said the development of Russia’s nuclear triad was an “absolute priority” Monday as he outlined the country’s stance on its weapons program, according to reports. Marking Russia’s Defender of the Fatherland Day, the Russian leader spoke about strengthening the country’s nuclear capabilities before presenting…
Preliminary information indicates at least 13 civilians were killed and seven injured in Nangarhar province, including women and children. Further strikes Additional strikes in Paktika province damaged buildings, including a madrassa – or school – and a residential property, though no casualties were reported there. “UNAMA calls on all parties to bring a lasting end to…
The confirmation hearing marks a pivotal step that will determine whether the case proceeds to trial. The purpose of the four-day hearing, taking place in The Hague, is to determine whether there are “substantial grounds to believe” that Mr. Duterte committed the crimes charged by the ICC Prosecutor. “The Chamber shall not take any decision…
The finding comes in the updated joint Rapid Damage and Needs Assessment (RDNA5) issued on Monday by the Government, the World Bank Group, the European Commission and the United Nations. It was released as the full-scale Russian invasion enters a fifth year on 24 February, with direct damage now reaching over $195 billion – up from $176 billion in the previous assessment published last February. “This devastating war is a stain…
Acknowledging dizzying geopolitical uncertainty marked by conflict in Gaza, Myanmar, Ukraine, Sudan and beyond, Secretary-General António Guterres urged the Council to hold the line on human rights, which he warned were under a “full-scale attack…often led by those who hold the greatest power”. On Ukraine, specifically, the UN chief noted that Tuesday 24 February will be…
Before he’d even been prime minister for a week, Mark Carney was in the air, en route first to Paris, for a meeting with French President Emmanuel Macron and then over to London to sit down with U.K. Prime Minister Keir Starmer. Since then, Carney has hardly stopped, and by the time he marks his…
By Staff The Canadian Press Posted February 23, 2026 1:11 pm 1 min read Descrease article font size Increase article font size A woman broke into tears on the stand this morning as she described Frank Stronach allegedly forcing himself on her in a hotel suite more than 30 years ago. The woman, who is…
Are you a Canadian in Puerto Vallarta right now? Reach out to us at shareyourstory@globalnews.ca with information on what you are experiencing and how we can get in touch with you. There are currently more than 26,000 Canadians registered in Mexico as cartel violence hits the popular tourist area of Puerto Vallarta — and no…
