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Welcome to the "Reuters.com: Top News" updated from Hawaii Geopolitical News.

Views expressed in this geopolitical news summary are those of the reporters and correspondents.

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Accessed on 05 March 2020, 1550 UTC, Post 054.

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Thanks for joining us today.

Until next time,
Russ Roberts
https://www.hawaiigeopoliticalnews.com
https://hawaiiintelligencedaily.com

Reuters.com

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Wall Street tumbles as virus fears hit California
U.S. stock indexes dropped more than 2% on Thursday as the swift spread of the coronavirus in the United States led California to declare an emergency, while airline stocks were hammered by crippled travel demand.
Europe stocks, U.S. futures sink as coronavirus quashes rebound
European shares fell again on Thursday, taking their cue from U.S. equity futures, which implied a lower open for Wall Street as cases of the coronavirus surged in the U.S.
OPEC backs biggest oil cut since 2008 crisis, awaits Russia
OPEC agreed on Thursday to cut oil output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices that have been hit by the coronavirus outbreak, but made its action conditional on Russia and others joining in.

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Putin holds talks with Erdogan to seek Syria ceasefire
Russian President Vladimir Putin met on Thursday with Turkish counterpart Tayyip Erdogan over a potential ceasefire in northern Syria and offered condolences over the recent killing of Turkish soldiers there.
Trump says he will block U.S. funds to 'sanctuary' jurisdictions
President Donald Trump on Thursday said he would withhold money from so-called sanctuary jurisdictions after a U.S. court ruled that his administration could block federal law enforcement funds to states and cities that do not cooperate with federal immigration authorities.
Wall Street to open sharply lower as virus fears shut down California
Wall Street was set for strong declines at the open on Thursday as the fast-spreading coronavirus led California to declare an emergency, while airline stocks were hammered by crippled travel demand.
Iranian oil minister confirms OPEC agreed a 1.5 million bpd cut
The Iranian oil minister confirmed on Thursday that OPEC ministers had agreed an extra 1.5 million barrel per day (bpd) cut in oil production and that Iran was still exempt from the reduction.
Russia prepared for possible drop in oil prices, finance minister says
Russia is prepared for a possible drop in oil prices should OPEC and its allies fail to reach an agreement over cutting supply at meetings in Vienna this week, Finance Minister Anton Siluanov said on Thursday.
Futures plunge on virus fears as California declares emergency
Coronavirus fears looked set to drive another steep drop for U.S. stock markets on Thursday after California declared an emergency, while airlines shares were hammered by an industry sales warning as the outbreak cripples travel demand.
Iran says IAEA case for inspecting sites based on fake Israeli intel
Iran on Thursday stood by its decision to deny U.N. nuclear inspectors access to sites where they have questions about past activities, arguing that the agency's case is based on "fabricated" Israeli intelligence.
OPEC agrees large oil output cut amid virus outbreak if Russia joins: sources
OPEC agreed on Thursday to cut output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices amid an outbreak of coronavirus but made it conditional on Russia joining in, two OPEC sources said.
Putin begins talks with Erdogan on Syria in search of ceasefire
Russian President Vladimir Putin on Thursday began talks over a potential ceasefire in northern Syria with his Turkish counterpart Tayyip Erdogan by offering condolences over the recent killing of Turkish soldiers there.
New coronavirus infections may drop to zero by end-March in Wuhan: Chinese government expert
Wuhan, the epicenter of China's coronavirus epidemic, will likely see new infections drop to zero by the end of this month, an expert with the country's top panel on battling the illness said on Thursday, even as the city reported a quicker rise in new confirmed cases.
OPEC backs extra 1.5 million bpd output cut if Russia joins in: sources
OPEC agreed on Thursday to cut output by an extra 1.5 million barrels per day (bpd) in the second quarter of 2020 to support prices amid an outbreak of coronavirus but made it conditional on Russia joining in, two OPEC sources said.
'They're addicted to me': How immigrants keep U.S. heartland cities afloat
One evening last fall, Jawad Rahimi held forth in his downtown bodega as a steady stream of hockey fans en route to a St. Louis Blues game mingled with his neighborhood regulars.
Turkey's Erdogan says hopes Putin meeting to ease Syria situation
Turkish President Tayyip Erdogan said he hoped decisions made at his meeting with Russia's Vladimir Putin in Moscow on Thursday would ease the situation in northwest Syria's Idlib region, where conflict has escalated in recent weeks.
Putin begins talks with Erdogan on Syria with condolences for dead Turkish soldiers
Russian President Vladimir Putin on Thursday began Syria ceasefire talks with his Turkish counterpart Tayyip Erdogan by offering his condolences over the recent killing of Turkish soldiers in Syria's Idlib region.
Special Report: Before coronavirus, China bungled swine epidemic with secrecy
When the deadly virus was first discovered in China, authorities told the people in the know to keep quiet or else. Fearing reprisal from Beijing, local officials failed to order tests to confirm outbreaks and didn’t properly warn the public as the pathogen spread death around the country.
Biden's comeback leaves Sanders little time to expand appeal
After losing the momentum in the Democratic presidential race, Bernie Sanders has work to do - and little time to do it - to build the "multiracial, multigenerational movement" he says will propel him to victory over President Donald Trump in November.
Erdogan flies to Moscow for Syria ceasefire talks with Putin
Turkish President Tayyip Erdogan flew to Moscow on Thursday for talks with Russia's Vladimir Putin over a potential ceasefire in Syria's Idlib, where their militaries are facing off in a war that has displaced nearly a million people in three months.
Turkey deploys 1,000 police at Greek border to stem push-back of migrants
Turkey is deploying 1,000 special police forces along its border with Greece on Thursday to halt the pushback of migrants toward its territory, Interior Minister Suleyman Soylu said, adding that 164 migrants had been wounded by Greek authorities.
Greece blocks 35,000 migrants, plans to deport arrivals after March 1
Greece has repulsed nearly 35,000 migrants trying to cross onto its territory illegally since Turkey opened its border nearly a week ago, government sources said on Thursday, as it prepares to deport hundreds of others who made it through.
Turkey deploys 1,000 police at Greek border to stem pushback of migrants: minister
Turkey is deploying 1,000 special police forces along its border with Greece on Thursday to halt the pushback of migrants toward its territory, Interior Minister Suleyman Soylu said, adding that 164 migrants had been wounded by Greek authorities.
OPEC seen backing big oil output cut, but awaits Russian support
OPEC ministers are expected to approve on Thursday the outlines of a deal for a significant cut in oil production to shore up prices hammered by the coronavirus outbreak but they are still waiting for Russia to indicate whether it will back such a move.
Japan committed to hosting Olympics on schedule but Xi visit delayed
Japanese Prime Minister Shinzo Abe on Thursday ordered a two-week quarantine for all visitors from China and South Korea in response to the widening coronavirus crisis, and his government signaled that the Tokyo Olympics would go ahead as planned.
Factbox: Countries evacuating nationals from coronavirus-hit areas
A growing number of countries around the world have been evacuating or planning to evacuate diplomatic staff and citizens from areas hit by the new coronavirus.
Coronavirus douses stocks rally; Europe, U.S. futures lower
European shares fell again on Thursday, taking their cue from U.S. equity futures, which implied a lower open for Wall Street as cases of the coronavirus surged in the U.S.
What you need to know about coronavirus right now
The outbreak is getting ever closer to the nerve centers of the world's financial system. HSBC bank has sent more than 100 staff in London home after a worker tested positive for the 

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