(SERVICE WHEN ABLE THROUGH WEDNESDAY EVENING)
A sharp fall in US stocks but first driven by a surprise guidance from the Federal Reserve Board but first...
LATE NEWS TONIGHT:
EXPLOSIONS REPORTED IN SEVERAL UKRAINIAN CITIES INCLUDING KIEV TONIGHT AMID RUSSIAN ATTACKS...RIA NOVOSTI RUSSIA (TRANSLATION PROMPT)
IRAN AND THE UNITED STATES ELECTRONICALLY SIGNING A MEMORANDUM OF UNDERSTANDING (MOU) TONIGHT.
THE SIGNING TAKING PLACE ON THE US SIDE AS PRESIDENT TRUMP WAS AT DINNER WITH FRENCH PRESIDENT EMMANUEL MACRON...RIA NOVOSTI RUSSIA (TRANSLATION PROMPT)
Since the proclamation of a 'ceasefire' in Gaza last fall more than one thousand Palestinians have been killed amid almost daily Israeli attacks.
US FEDERAL RESERVE BOARD CHAIRMAN KEVIN WARSH SAYS THE FED IS MOVING AWAY FROM FUTURE RATE PROJECTIONS.
THIS FOLLOWS TODAYS 'PROJECTIONS' FROM NINE FEDERAL OPEN MARKET COMMITTEE (FOMC) OF HIGHER INTEREST RATES THIS YEAR.
THAT CAUSED A SHARP DOWNWARD MOVE ON THE MARKETS TODAY...THE HILL USA...
MORE MARKET DETAILS LATER IN THE SUMMARY.
Police used batons and stun grenades to break up an anti-draft protest that blocked traffic on a major highway in Central Israel during morning rush hour.
Five arrests were made. Eight demonstrators injured.
Later a crowd of thousands of Haredi (Ultra-Orthodox) demonstrators gathered outside a prison where an arrested draft evader is being held.
Ultra-Orthodox politicians connected to the government condemned police tactics with the National Security Minister Itamar Ben Gvir, a nationalist, calling on police to use stun grenades only in 'exceptional cases and in accordance with police regulations'...Times of Israel
AN INCIDENT OFF THE SOUTHERN COAST OF YEMEN TODAY. TWO SKIFFS (SMALL BOATS) APPROACHING A MERCHANT VESSEL WITH OCCUPANTS OPENING FIRE.
THE VESSEL'S SECURITY TEAM FIRING BACK AT THE BOATS THEN THEY TURNED AWAY...UKMTO "X"
The US Southern Command has attacked another boat linked to drug trafficking. At least one crew member killed, two others said to have survived the attack. No word on their fate...OSINTdefender "X" (Video Embed)
Police in Amsterdam suspect "criminal activities" were linked to an explosion late last Thursday night in the basement of a gym.
Seven people injured in the explosion including two suspects ages 23 and 24. They are believed to have caused the explosion.
They are also suspected of planning attacks. Both of them seriously injured in the blast one losing a leg and half an arm...NOS Netherlands (Translation Prompt)
ISRAELI AIR ATTACKS CONTINUING IN SOUTHERN LEBANON IN SPITE OF THE MEMORANDUM OF UNDESTANDING WITH IRAN...AL JAZEERA QATAR
The Brazilian Supreme Court sentencing Eduardo Bolsonaro to four years and two months in prison for obstruction of justice.
He is the son of former President Jair Bolsonaro convicted and sentenced to prison in connection with January 6th type events in Brazil's capital city of Brasilia on January 8th, 2023.
The younger Bolsonaro sought US sanctions which were imposed in connection with the prosecution of his father.
Eduardo Bolsonaro currently lives in exile in the United States.
His brother Flavio Bolsonaro is challenging incumbent President Lula da Silva in this year's presidential election...NOS Netherlands (Translation Prompt)
IRANIAN OIL TANKERS ARE AGAIN MOVING OIL EXPORTS.
THE WEBSITE 'TANKERTRACKERS' DETECTING THE FIRST MOVEMENT OF IRANIAN OIL SHIPMENTS IN TWO MONTHS.
A US WAIVER ON OIL EXPORT SANCTIONS IS NOW UNDERWAY IN CONNECTION WITH THE MEMORANDUM OF UNDERSTANDING BETWEEN THE US AND IRAN SIGNED ELECTRONICALLY YESTERDAY...AFP FRANCE-AL JAZEERA QATAR
The markets today.
Sharply lower stocks prices fueled by a Federal Reserve Board forecast of an interest rate hike later this year due to inflation.
The Dow Jones Industrial Average down 507.12 points or .98 percent.
The NASDAQ fell 354.69 points or 1.34 percent.
The price of oil in New York closed at 75 dollars 65 cents down 40 cents or .53 percent...Marketwatch
The United States and the other G7 countries committing more weapons to support Ukraine's war effort against Russia.
A joint statement coming from the Group of Seven summit in France promises more defensive systems like those used for air defense and more long-range systems that can attack deep inside Russia.
It also mentions possible granting of licenses to Ukraine so it can produce more weapons domestically...
THE NEW MEXICO DEPARTMENT OF JUSTICE STEPPING UP ITS INVESTIGATION OF CONVICTED SEX OFFENDER JEFFREY EPSTEIN SENDING LETTERS TO MORE THAN TWO DOZEN COMPANIES INCLUDING JP MORGAN AND GOOGLE.
THOSE LETTERS CALL FOR PRESERVATION OF RECORDS RELATED TO EPSTEIN, HIS CLOSE ASSOCIATE GHISLAINE MAXWELL AND FORMER ASSISTANT LESLEY GROFF.
THE NEW MEXICO PROBE CENTERS AROUND ALLEGATIONS INVOLVING ZORRO RANCH, A PROPERTY FORMERLY OWNED BY EPSTEIN...NEWSMAX-MSN
In Australia and New Zealand fabric and craft retailer "Lincraft" shutting down its physical stores.
Lincraft has used stores to sell its products for 80 years but cites challenging retail conditions, changing customer behavior, increased operating costs and rising online competition for its decision to shut them down.
The company will continue to do business as an online retailer...One News New Zealand
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