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Finance & Markets

Black Sea Is Now World’s Most Dangerous Waterway: NATO Pushes Militarization, Will Türkiye Relent?

As pressure mounts on Turkiye to open its straits to the Black Sea, is there a deal the West can offer to make it happen?

We haven't written up this one. Naked Capitalism has the full story — the link below goes straight to it.

Read the original at nakedcapitalism.com →

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Essent: 3 Key Takeaways for Long-Term Investors

Reinsurance shields Essent's tail risk, but holding excess capital allows it to gain market share when competitors struggle in a downturn.

  • Essent reported $163 million net income in Q3 2026, showing strong cash flow generation
  • Company uses free cash flow for share buybacks while waiting for housing origination recovery
  • Essent's reinsurance strategy protects against downturns and enables long-term growth

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