📉 BlackRock just deferred fees on a private-credit fund because it failed a collateralization test.

But sure… “nothing to see here.”

Totally normal stuff. Happens every day. Super healthy market.

Feels a lot like 2007, but go ahead and keep telling yourself these private-credit hiccups don’t matter.

What could possibly go wrong?

📝: Private credit is this cycle’s subprime mortgage. This is what will bring the markets down

🔗 Todd Stankiewicz

🇷🇺🇺🇦 Russian forces aren't just hitting Ukraine's energy grid - they're dismantling it node by node. New analysis by Texty reveals a three-month campaign targeting the precise infrastructure that keeps electricity flowing when demand spikes.

Shahed drones hit substations that route power to border cities like Chernihiv and Sumy. Iskander missiles destroy the thermal and hydroelectric plants that balance the grid during peak hours. Strategic coal mines in Pavlohrad and gas fields across Poltava and Kharkiv oblasts get struck repeatedly, while compressor stations that would allow Ukraine to import replacement supplies go offline.

Russia is attacking the flexibility built into Ukraine's energy system - the capacity to shift power when one region needs more, the backup generation that kicks in during cold snaps, the infrastructure that lets operators compensate for damage elsewhere. The Dnipro hydroelectric cascade, Trypilska TPP, Zmiivska TPP - all hit before the heating season begins.

This isn't just about reducing Ukraine's total energy capacity. Russia is systematically eliminating the maneuverability that lets Ukraine's grid survive winter under attack. It’s carefully planned.

🔗 https://euromaidanpress.com/2025/11/20/russian-strikes-on-ukraines-energy-grid-follow-systematic-pattern/

🇺🇦❌🇺🇸 Ukraine's representative at the United Nations has rejected the Trump peace plan.

Here is the summary:

1) We'll make no concessions and nothing is up for negotiation
2) We need your money
3) The only way this ends is if you give us money and we win

🔗 Wall Street Mav

🇪🇺🇨🇳 The European car industry is going the way of Nokia in the cellphone industry.

EU carmakers currently have zero to very little foothold in the electrification or even hybridization technologies.

They have no competitive AI industry that's at the core of autonomous driving.

The geopolitical blunder of EU policy makers is making it worse. They antagonized China, which is a major component of EU automotive industry, both in market and manufacturing.

They are basically at war with Russia, which provided the EU with cheap energy and resources.

And yet, the EU politicians are STILL barking at China for no reason, despite their dire situation.

When the EU car industry implodes, they will just be a collection of failed states with a ton of recent migrants. Good luck, you people are going to need it.

🔗 Zhao daShuai

🇳🇱🤝🇺🇸 The Dutch government sold Solvinity, to the American IT infrastructure service provider, Kyndryl.

Solvinity developed for the Dutch state the DigiD app which is used by state and local authorities to store information about every single Dutch citizen and business.

DigiD is a key part of the Dutch administrative state and contains banking information of all citizens and businesses, it offers financial services, it contains healthcare portals, medical records, health insurance claims & records, social security and other benefits, pension information and adjustments, public housing, car registration and driver information through RDW, childcare and family related allowances, voting information and overseas voting registration.

DigiD provides Government services at national level and municipal services like registrations and permits, legal matters such as court documents and fines, education related platforms such as DUO and student grants, criminal records, business registrations and administrative services for entrepreneurs and employment services such as UWV portals.

All of this information will sit now on American servers and the EU's personal data protection regulation, the GDPR, will no longer apply thus the data of Dutch citizens will be extremely vulnerable and could be sold by American corporations to the highest bidder.

Recall that Jewish billionaire, Larry Ellison, wanted to obtain the health records of every British citizen to "optimize" the services offered by the NHS. This relates to his much bigger plan of creating a personal unique digital ID for every person in the world to "help" governments worldwide to "optimize" and "improve" the services given.

Kyndryl's shareholders include Vanguard Capital, BlackRock, Neuberger Bergmann Group LLC and Fidelity Investments LLC.

@CIG_telegram

🇨🇺💥💰 — The Cuban communist regime is tightening its control over accounts in dollars by prohibiting foreign companies from withdrawing or transferring foreign currency deposited in local banks, expanding a financial “corralito” that worsens the economic crisis on the island, with runaway inflation of 15%, chronic shortages of food and medicine, and an average salary of only 14 dollars per month that condemns 89% of families to extreme poverty.

❌🌍🌍 — The location of users on X is back online

🇳🇪🌐⁉️ — Alex Soros is from Niger?

🇺🇸🇨🇼 — Current NOTAM regarding the Curaçao FIR, near Venezuela. Pilots flying to or from airports in the area are advised to exercise extreme caution due to frequent radar and pilot reports of unidentified aircraft in the terminal airspace.