Israel has proven that opening schools too soon is high-risk. After very low coronavirus levels at around 50/day, credited to the fact that it is a small country where everyone knows everyone else (like Portugal), the latest news is bad. About 150 students and teachers from a single posh school in Jerusalem have now come down with the virus in a few days and the national level rose to over 220, also mostly among students and teachers, according to Reuters. Now about 10,000 Israel students are back in quarantine at home.

I mistakenly backed Mayor De Blasio on keeping New York schools open to feed the hungry kids. Now I regret it.

This is a grim reminder of the risks as other countries also try to resume on-site education, including Britain. It is not going to be that easy. The Dike 9 (Igbo: disaster) is not yet over. My 5 grandchildren are all back in their nests with internet classes, and of course, being Jewish they are keen on education. But for my elder granddaughter who is pre-med, the absence of a lab in her house hurts.

The dollar is suffering over riots and the near-racist comments of our President. But in fact, he wants a cheaper greenback to boost sales outside the USA. If this continues oil, priced in dollars but pumped in other moneys, will become more costly. The same for other raw materials.

And of course, the global portfolio when translated into US money will do better than domestic shares.

More for paid subscribers follows, alphabetically for a change:

*AIA Group, AAIGF the Hong Kong insurance firm, rose 5.75% yesterday, back to the $8.97 it briefly hit in May. It sells policies all over Asia and it doesn't have to remain listed in Hong Kong.

*Ascendas India Trust in US trading gained 23.3% the day before yesterday hitting $1.06. ACNDF is a Singapore REIT beloved of US-based non-resident Indians and it has fallen for 6 days in Singapore over worries about property prices. It fell another 1.35% Tuesday, nowhere are much as the index which lost much more. Indian real estate is in flux and some groups are having to sell their holdings cheaply.

*Banco Santander is up 3.4% because its main business is not in US dollars. SAN is at $2.41.

*BP plc BP was upgraded to outperform from neutral by Wolfe Research with a TP price of $31, up.2.4%.

*Canadian CAE rose 4.1% in part because Bank of Nova Scotia the day before yesterday reaffirmed its C$24 target price. It makes simulators for training pilots, both civil and military. There have been some heavy moves by US military aviation areas where China and Russia have begun to nibble at borders.

*Irish cement and aggregates firm CRH gained another 3.23% yesterday on hopes for fiscal policy and environmental spending from the US and Britain.

*Compugen recuperated from its drop Tuesday gaining 9.6% to a record high. CGEN is an Israeli drug discovery firm that got FDA approval for a phase I-II trial of its COM 701 combined with Bristol-Myers' Optivo and 986207 against solid tumors. It fell back to a gain of only 8.3% to $16.59.

*Eon SE, the German ute, has delisted Innogy which it now controls. Spun out by RWE in late 2016, but now it only runs one plant in Dusseldorf. This ute is recommended by BofA-Merrill as a buy.

*Mexican REIT Fibra Uno rose 2.6% yesterday in Mexico City trading where it is FUNO11 rather than FBASF.

*Grupo Bimbo, the Mexican bakery giant, rose again, by 3.22% to $1.71. GRBMF.

*Naspers in London yesterday jumped 5.52% to $34.4. It is a backdoor to Tencent but trades mostly in South Africa. Its spun off Multichoice which sells TV and ads in Africa is up over 4%. MCHOY.

*The FAZ German website reports that Chinese car sales in May rose by 12% or 2.14 mn vehicles from the prior May, quoting the China Association of Auto Manufacturers. YTD however sales were down 24% and totalled only 7.9 mn vehicles. While there are still risks from US trade demands, the CAAM numbers support the price of our NIO shares. US auto sales are due out later yesterday. NIO rose 9.75%.

*Nokia added 2.52% yesterday after it was tipped as the key winner from US sanctions against China's risky 5G alternative, Huawei. However, yesterday BCE in Canada picked Ericsson 5G over NOK. Telus of Canada opted for both.

*Nutrien consensus rating is buy according to Amilia Stone of Hardmam & Co, with TP's from $50 to $68. The share was $34.43 but gained 4.56% to $36.65 (on the NYSE, the primary listing of the Canada plant food and supplies firm.)

*Swiss Roche won US FDA approval for s first combo of two of its drugs to treat unsectionable metastatic liver cancer. They are Tecentriq and Avastin. RHHBY.

*Royal Dutch Shell and sterling also gained yesterday after the government hinted that it may allow delays in imposing income and value-added tax increases planned for Brexit. RDS-B which cut its dividend last month is up because Opec is expected to further cut production this week.

*The virtual AGM of Sampo Oij the day before yesterday voted a dividend of euros 1.5/sh and reelected Björn Wallroos as Chairman. SAXPY is a Finnish financial holding company.

*Schlumberger Ltd of the Dutch Antilles rose 2.54% toda on hopes for higher oil prices and more exploration. SLB.

*Standard Life Aberdeen will now offer funds to UK visitors to its site with less than £250,000 to invest although they still can also self-manage. Meanwhile, its 1825 restricted national advise site is only for those with other a quarter million in sterling to invest. SLFPY also sells insurance and retirement plans in Britain, plus funds. In the US it mainly offers closed-end funds some of which we recommend along with the SLFPY stock.

*Teva rose the day before yesterday on boasts by its CEO Käre Schultz on its environmental, social, and governance good deeds, like its helpfulness to testing of chloroquinine by followers of Pres. Trump, its $246 mn of drug donations (some to offset drug addiction it caused). Yesterday TEVA fell back 2.52% in European trading despite its upgrade by SunTrust to buy from hold with a $16 TP, vs $11 earlier.

*French Veolia gained 4.2% to $23.23, topping its TP from BofA-Merrill which rates it underperform. I like VEOEY because it operates globally, among other things cleaning the streets around Mudchute Manor, our London pad, and the East River at 59^th street where I am now. It yields 1.78% but if the currencies more right it will yield more.

*Canadian Zymeworks rose 2% to $37.8. It makes bispecific antibodies.