Friday, April 17, 2026

Xi Welcomes Slew of World Leaders as Trump Fights Allies

Xi has held at least five high-profile tête-à-têtes, despite the lack of any formal gathering in China’s capital this week. Excluding weeks the country hosted major summits, it’s the quickest tempo since July 2024.

(Bloomberg) -- President Xi Jinping is wrapping up what’s been an unusually busy week of diplomacy in Beijing, showcasing the fervent interest of world leaders to develop ties with China while the US is embroiled in a conflict with Iran.

. . .The roster has ranged from a US NATO ally — Spain’s Prime Minister Pedro Sánchez — to a Middle East representative — Abu Dhabi’s Crown Prince Sheikh Khaled bin Mohammed. The meetings were followed by a visit from the leader of neighboring Vietnam — To Lam, the nation’s president and Communist Party chief, who recently secured a fresh five-year term.

Xi has been positioning his nation as a source of stability and bulwark of respect for international rules, against the backdrop of President Donald Trump’s threat to bomb Iran “back to the Stone Ages.” Left unclear: Whether China’s leaders, who have long promised benefits from deeper ties to the world’s No. 2 economy, will offer concrete help for countries facing the current energy crisis.

  1. “World leaders are heading to Beijing because they increasingly see China as a hedge against an unpredictable United States,” said Neil Thomas, fellow on Chinese Politics at the Asia Society Policy Institute’s Center for China Analysis. 
  2. “Many want Beijing to play a larger role as a defender of stability, diplomacy, and an open global economy.”

Trump, by contrast, has spent the week deepening his isolation on the global stage, by openly lambasting one-time close allies including Italy’s Giorgia Meloni and the UK’s Keir Starmer. He also launched a broadside against Pope Leo XIV, calling the popular and highly visible spiritual leader “terrible for foreign policy.”

Italy’s foreign minister this week visited Beijing, where officials pledged to deepen ties with Rome.

Trump has increasingly — and unsuccessfully — turned to threats to pressure allies into working with the US military to open up the Strait of Hormuz and restore flows of energy from the Persian Gulf to the rest of the world.
  • Global leaders have sought to coordinate without the US present. 
  • Starmer is traveling to Paris to host a video conference on Friday alongside French President Emmanuel Macron, bringing together a coalition of roughly 40 countries working to help restore free transit through the Strait of Hormuz. 
  • South Korea, Japan and Australia have been part of that effort previously, which focuses on supporting a ceasefire."

 

EREV: A New Kind of Hybrid Car Is About to Hit America’s Streets

The Ram 1500 REV, set to debut later this year, is what’s called an “extended-range electric vehicle,” or EREV. In essence, it is an electric vehicle that burns gas.

A New Kind of Hybrid Car Is About to Hit America’s Streets

The car industry says it has an answer for drivers wary of going electric.

An illustration of a pickup truck with a gas pump and a lightning bolt.
Illustration by Alisa Gao / The Atlantic

Updated at 4:55 p.m. ET on April 16, 2026 

 

https://www.theatlantic.com/technology/2026/04/extended-range-electric-vehicle-pickup-trucks/686811

Angel Robles: LIVE MUSIC April; 17, 2026 + Aporil 18, 2026

  

 

High-growth, High-migration Markets: $1.7B Refi for Starwood Affordable Housing Portfolio

W&D Provides $1.7B Refi for Starwood Affordable Housing Portfolio –  Commercial Observer

Starwood Real Estate Income Trust Secures $1.7 Billion Freddie Mac Loan To  Refinance 52 Properties | Traded

Starwood Capital has sealed a $1.7 billion debt package to refinance a national portfolio of 12,955 predominantly affordable rental housing units across 52 properties.

Walker & Dunlop originated the 10-year, Freddie Mac-backed loans for Starwood Capital’s Starwood Real Estate Income Trust (SREIT) that acquired the assets spread across 10 states from Strata Equity Group in November 2021. The deal was closed by W&D’s capital markets institutional advisory group consisting of Dustin Stolly, Aaron Appel, Jonathan Schwartz, Keith Kurland, Adam Schwartz, Sean Reimer, Michael Stepniewski and Michael Ianno.

SEE ALSO: Industrial Sector Finds Footing in Unpredictable Political Environment: Panelists

“This significant portfolio financing reflects Walker & Dunlop’s ability to structure and execute large-scale financing solutions for the world’s largest and most sophisticated institutional clients,” Willy Walker, W&D CEO and chairman, said in a statement. “Financings of this size and complexity require a coordinated and collaborative team of bankers and underwriters.”

Walker also credited Stolly, senior managing director, with leading the transaction alongside the W&D capital markets team and Freddie Mac in a refi that positions “the Strata portfolio for sustained performance and continued long-term success.”

SREIT, a non-traded real estate investment trust, acquired the Strata portfolio in November 2021 for an undisclosed purchase price. At the time, it consisted of 15,460 units in 62 multifamily communities. 

The W&D refi includes a smaller collateral reflecting SREIT divesting from some of the properties, including selling a 360-unit complex in Parker, Colo., to Bell Partners for $103.3 million in early 2025, MultiHousing News reported. The Strata portfolio included properties in California, Colorado, Georgia, Kentucky, Maryland, North Carolina, South Carolina, Tennessee, Texas and Washington, according to MultiHousing News. 

“Starwood is proud to own and support workforce housing communities,” Jonathan Pollack, president of Starwood Capital, said in a statement. “With a large majority of units in high-growth, high-migration markets, we believe the fundamentals are strong for the long term for our lenders and investors.

Andrew Coen can be reached at acoen@commercialobserver.com.

GREY DYNAMICS...What it is

 

236 Years ago today. . .

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HUMOR ...are U ready, guys?

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CARTOON CAROUSEL: By POLITICO STAFF 04/17/2026 05:00 AM EDT

Every week political cartoonists throughout the country and across the political spectrum apply their ink-stained skills to capture the fo...