Monday, July 18, 2016
Saturday, July 16, 2016
USA is finding trouble with China again after its failed attempt at South China Sea issue.
http://www.scmp.com/business/global-economy/article/1990051/us-china-clash-over-market-economy-status-wto
ASEAN and EU know about the illegitimate status of PCA and the judgement and are silent about the South China Sea ruling. Therefore, USA knows it has failed in its attempt and decides to attack China in WTO.
ASEAN and EU know about the illegitimate status of PCA and the judgement and are silent about the South China Sea ruling. Therefore, USA knows it has failed in its attempt and decides to attack China in WTO.
Baltic Dry Index - 745
Today, Friday, July 15 2016, the Baltic Dry Index climbed by 7 points, reaching 745 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
US Rig Count - 447
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by seven this week to 447.
A year ago, 857 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 357 rigs sought oil and 89 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, New Mexico gained four rigs and Louisiana three. Colorado, Pennsylvania and Texas were up one each.
Alaska, North Dakota, Utah and West Virginia declined by one rig apiece.
Arkansas, California, Kansas, Ohio, Oklahoma and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, July 15, 2016
UN has publicly declared that PCA is not related to UN.
http://news.xinhuanet.com/english/2016-07/15/c_135515304.htm
USA can make a mockery of PCA because PCA is not part of UN. USA dares not manipulate ICJ because UN won't allow anyone to undermine its credibility and reputation. For example, USA sought UN's approval for Iraq invasion but UN disapproved it and US & UK invaded Iraq without UN's mandate. This incident showed that UN would still protect its own credibility and reputation when any motion was illegal and inappropriate.
USA can make a mockery of PCA because PCA is not part of UN. USA dares not manipulate ICJ because UN won't allow anyone to undermine its credibility and reputation. For example, USA sought UN's approval for Iraq invasion but UN disapproved it and US & UK invaded Iraq without UN's mandate. This incident showed that UN would still protect its own credibility and reputation when any motion was illegal and inappropriate.
The truth about South China Sea ruling
Philippines has deceived the whole world intentionally and USA is the mastermind behind this farce.
Philippines filed the case under the instruction of USA in Permanent Court of Arbitration (PCA) and not in International Court of Justice (ICJ) because it could manipulate the outcome easily with USA as PCA is not a court and is not a UN agency. Therefore, the outcome of PCA is not legal binding.
This is the reason why Singapore and Malaysia went to ICJ instead of PCA for Pedra Branca judgement because PCA is not a court and can be easily manipulated.
Explanation of PCA
https://en.wikipedia.org/wiki/Permanent_Court_of_Arbitration
https://www.youtube.com/watch?v=FnmFg7G0AT0
Philippines filed the case under the instruction of USA in Permanent Court of Arbitration (PCA) and not in International Court of Justice (ICJ) because it could manipulate the outcome easily with USA as PCA is not a court and is not a UN agency. Therefore, the outcome of PCA is not legal binding.
This is the reason why Singapore and Malaysia went to ICJ instead of PCA for Pedra Branca judgement because PCA is not a court and can be easily manipulated.
Explanation of PCA
https://en.wikipedia.org/wiki/Permanent_Court_of_Arbitration
https://www.youtube.com/watch?v=FnmFg7G0AT0
Thursday, July 14, 2016
Wednesday, July 13, 2016
Latest update on south china sea.
China has deployed 4 generals to south china sea and looks set to prepare for a war.
Singapore is asking china to respect a rigged ruling.
https://sg.news.yahoo.com/south-china-sea-ruling-singapore-urges-full-130641539.html
Singapore is asking for trouble and induce china to whip singapore more.
Singapore is asking for trouble and induce china to whip singapore more.
Tuesday, July 12, 2016
South China Sea ruling has created ramifications in ASEAN.
USA has succeeded in creating ramifications in ASEAN through the South China Sea ruling today. ASEAN runs the risk of breaking up like EU because USA wants ASEAN to choose sides.
US Supporters : Singapore, Phillippines, Vietnam
China Supporters: Malaysia, Thailand, Cambodia, Laos, Myanmar, Brunei.
China has upped its operational readiness by one notch after the South China Sea ruling today and recall its reservists for standby.
Monday, July 11, 2016
China is building a port in malacca so that its ships will bypass Singapore.
http://en.people.cn/n3/2016/0705/c90000-9081726.html
China is building a port in malacca so that its ships will bypass Singapore. As 70-80% of ships passing through straits of malacca come from China, this will badly affect Singapore port and our port volumes will decline significantly. This is the price we have to pay for being too close with USA and giving USA the right to berth its naval ships and P8A spy plane in SG.
China also has a port and oil pipeline in Myanmar so that its imported crude oil can bypass straits of malacca which can be under the control of USA through SG during war time.
This one belt one road economic plan which consists of railway will help china to bypass SG port because it can download all goods in malacca and transport them to China by railway.
No wonder we have lost our world busiest port status and we will lose more in the future when malacca port is up and running.
China is building a port in malacca so that its ships will bypass Singapore. As 70-80% of ships passing through straits of malacca come from China, this will badly affect Singapore port and our port volumes will decline significantly. This is the price we have to pay for being too close with USA and giving USA the right to berth its naval ships and P8A spy plane in SG.
China also has a port and oil pipeline in Myanmar so that its imported crude oil can bypass straits of malacca which can be under the control of USA through SG during war time.
This one belt one road economic plan which consists of railway will help china to bypass SG port because it can download all goods in malacca and transport them to China by railway.
No wonder we have lost our world busiest port status and we will lose more in the future when malacca port is up and running.
Saturday, July 9, 2016
Baltic Dry Index - 703
Today, Friday, July 08 2016, the Baltic Dry Index climbed by 4 points, reaching 703 points.
Baltic Dry Index is compiled by the London-based Baltic Exchange and covers prices for transported cargo such as coal, grain and iron ore. The index is based on a daily survey of agents all over the world. Baltic Dry hit a temporary peak on May 20, 2008, when the index hit 11,793. The lowest level ever reached was on Wednesday the 10th of February 2016, when the index dropped to 290 points.
US Rig Count - 440
HOUSTON —
The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 440.
A year ago, 863 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 351 rigs sought oil and 88 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained three rigs, New Mexico and North Dakota each gained two and Louisiana, Oklahoma and Wyoming each gained one.
Kansas declined by one rig.
Alaska, Arkansas, California, Colorado, Ohio, Pennsylvania, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Subscribe to:
Posts (Atom)