NEWS SUMMARY-INTELLIGENCE REPORT SUNDAY 4/5/2020
THE PRICE OF EGGS IS GOING UP. THERE'S BEEN A RUN ON EGGS AND OTHER COMMODITIES AT GROCERY STORES THE LAW OF SUPPLY AND DEMAND IN PLAY. REPORTS OF HIGHER EGG PRICES IN THE LAST WEEK BUT IF YOU HAVEN'T SEEN IT ON THE SHELF, GET READY, IT IS COMING.
JUST OFF THE COAST OF THE UNITED STATES IN THE BAHAMAS A 100 PERCENT INCREASE IN EGG PRICES.
INFLATION FROM THE MASSIVE AMOUNT OF MONETARY SUPPORT FOR BANKS PUT IN BY THE FEDERAL RESERVE AND MASSIVE GOVERNMENT SPENDING ANNOUNCED IN RECENT WEEKS WILL TAKE ITS TOLL ON THE PRICES OF ANYTHING AND EVERYTHING IN THE DAYS, WEEKS AND MONTHS AHEAD, NO DOUBT.
Those OPEC+ talks among oil producing nations aren't happening tomorrow as originally thought.
That's the word from the oil minister of the Central Asian nation of Azerbaijan.
The meeting will happen this coming Thursday (April 9th)....BERNAMA NEWS MALAYSIA
President Trump meanwhile continuing his efforts to keep the price of oil as high as possible with Russia and Saudi Arabia opening up oil production last month when OPEC+ talks failed.
The President used words again yesterday to drive the oil markets describing OPEC as "illegal" and threatened tariffs on foreign oil entering the United States at his coronavirus news conferences with the media yesterday and today.
Last week the President claimed that Saudi Arabia and Russia were talking for two days in row driving oil prices up as much as 15 dollars a barrel. But the Kremlin spokesman denied both days that Russia was involved in any such talks.
A report on President Trump's comments at the White House coronavirus briefing Saturday evening....BERNAMA NEWS MALAYSIA
The President held a roundtable discussion at the White House with oil business executives yesterday as he seeks to keep the industry from failing because of lower oil prices....VIDEO LINK-NBC NEWS
Kremlin spokesman Dmitry Peskov tells Russian television that:
"President Putin and the Russian side in general are determined for a constructive negotiating process, and there is no alternative to it in terms of stabilizing international energy market"....TASS NEWS STORY
ISRAELI POLITICS AND THE EFFORT TO FORM A NEW "NATIONAL EMERGENCY GOVERNMENT" EXPECTED TO STRETCH PAST PASSOVER.
BLUE AND WHITE PARTY LEADER BENNY GANTZ TELLING ISRAEL'S PRESIDENT REUVEN RIVLIN THAT HE EXPECTS TO ASK FOR EXTRA TIME WHEN HIS MANDATE FOR FORM A NEW GOVERNMENT EXPIRES AT MIDNIGHT ON MONDAY APRIL 13TH.
IN SYRIA MORE TURKISH SHELLING OF SYRIAN GOVERMENT FORCES IN THE NORTHWEST. FIRING FROM THEIR POSITIONS IN IDLIB PROVINCE, THE TURKS HIT A SYRIAN ARMY BASED IN WESTERN ALEPPO. THE SYRIAN SOLDIERS WERE FIRING ON JIHADIST FORCES SEEN AS A THREAT TO THEIR BASE.....SOUTHFRONT STORY
THE TURKISH MILITARY ANNOUNCING A MINIMIZATION OF TROOP MOVEMENTS IN SYRIA IN RESPONSE TO THE CORONAVIRUS OUTBREAK IN TURKEY. THE HEAD OF THE ARMY WILL BE IN CHARGE OF DECIDING ON TROOP MOVEMENTS.
A more optimistic message tonight from President Trump ahead of the opening of the markets tomorrow expressing hope that the lower coronavirus numbers in the USA today are a trend for the days ahead.
As of 11 pm tonight Eastern US time the Worldometers totals in the USA 336,830 Covid-19 cases with 9,618 deaths and 17,977 recoveries......
Worldwide from John Hopkins those numbers are 1,273,990 cases with 69,479 deaths and 260,247 recoveries........
In the United Kingdom the figures reported today show 47,836 confirmed coronavirus cases. There are now 4,934 deaths in the UK, that's up 621 from yesterday.
"If you don't want us to have to take this step to ban exercise of all forms outside of your own home, then you've got to follow the rules"
Those words from British Health Secretary Matt Hancock threatening a tightening of house arrest in the country with a ban on outdoor exercise. Hancock, appearing on the BBC, said a minority of people are flouting the rules by sunbathing outdoors.....BBC NEWS STORY
Her Majesty The Queen enlisted by the Prime Minister Boris Johnson's government to make a speech upholding the strict measures taken in the name of preventing the coronavirus from spreading.
PRIME MINISTER BORIS JOHNSON HOSPITALIZED AS A PRECAUTION TONIGHT AFTER DISPLAYING SYMPTOMS FOR TEN DAYS. JOHNSON HAS TESTED POSITIVE FOR CORONAVIRUS. HE WILL BE UNDERGOING TESTS IN HOSPITAL
The death of just 674 people in Spain today seen as positive sign in the Covid-19 story. That's number lower for more than one successive day. The lockdown of the country still in place for three more weeks (April 25th).
ISRAEL'S GOVERNMENT SET TO DECLARE MORE 'RESTRICTED AREAS' ACROSS THE COUNTRY IN A BID TO STOP CORONAVIRUS IN VARIOUS AREAS INCLUDING MULTIPLE JERUSALEM NEIGHBORHOODS AND LOCATIONS IN JUDEA AND SAMARIA......ISRAEL NATIONAL NEWS STORY
Israel having trouble with its Covid-19 testing due to a shortage of chemicals needed to analyze them. Israeli scientists conducting tests to find a suitable alternative to use with other chemicals that have been imported into the country......YNET NEWS STORY
ELEVEN AIRCRAFT CARRYING MEDICAL EQUIPMENT AND SUPPLIES INCLUDING VENTILATORS AND FACE MASKS ARRIVING IN ISRAEL IN THE COMING DAYS FROM CHINA......YNET NEWS REPORT
Russian disinfection teams continuing their work in Italy this weekend.....TASS NEWS STORY
Meanwhile, back in Russia some 5,389 cases of Covid-19 now reported, many of them in Moscow. A top Russian official, Anna Popova, says the country is at "war" with the virus and that so far Russia has managed to contain any exponential growth in coronavirus cases......TASS NEWS STORY
The BBC News coronavirus blog today presenting news from around the world about Covid-19....BBC NEWS
That's the way it really is Sunday April 5th, 2020.