Vanguard Natural Resources LLC filed for chapter 11 bankruptcy after reaching the terms of a debt-for-equity swap with its bondholders designed to eliminate $708 million in debt from the company’s books. Source The Wall Street Journal
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Emmanuel Macron will not scrap UK border controls on French soil, according to the French interior minister, but Britain should pay more towards handling illegal migrants seeking to cross the Channel. Mr Macron, the newly-elected French President, vowed during his election campaign to renegotiate the Le Touquet agreement which enables British border officials to carry out checks in France. Source The Telegraph
Sen. Bob Corker (R-Tenn.) said he excepts to see the text of the Senate bill to repeal and replace ObamaCare on Thursday as Senate Republicans eye a vote on the legislation next week. “I am going to vote for this bill or vote against this bill determined based on how it affects people in Tennessee and actually how it affects our nation. And my understanding is I’m going to see it on Thursday,” Corker told MSNBC. Source The Hill
Chinese efforts to persuade North Korea to rein in its nuclear program have failed, President Donald Trump said on Tuesday, ratcheting up the rhetoric over the death of an American student who had been detained by Pyongyang. Source Reuters