Monday, July 25, 2016
Saturday, July 23, 2016
Baltic Dry Index - 718
Today, Friday, July 22 2016, the Baltic Dry Index decreased by 8 points, reaching 718 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 - 462
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 15 this week to 462.
A year ago, 876 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 371 rigs sought oil and 88 explored for natural gas this week. Three were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained 15, California was up by two and New Mexico gained one.
Louisiana declined by two. Alaska and Kansas each lost one.
Arkansas, Colorado, North Dakota, Ohio, Oklahoma, Pennsylvania, Utah, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Friday, July 22, 2016
Thursday, July 21, 2016
Wednesday, July 20, 2016
Tuesday, July 19, 2016
Monday, July 18, 2016
Why is the whole world silent on the ruling against China?
https://sg.news.yahoo.com/asia-europe-summit-omits-mention-000000436.html
The whole world knows that PCA is not a real court now and will not support a spurious ruling against China. There cannot be 2 international courts in this world. If not, when a country is unhappy with the ruling in 1 international court, it can go to another international court. Supporting a spurious ruling will make a mockery of international laws and undermine the authority of international court.
The whole world knows that PCA is not a real court now and will not support a spurious ruling against China. There cannot be 2 international courts in this world. If not, when a country is unhappy with the ruling in 1 international court, it can go to another international court. Supporting a spurious ruling will make a mockery of international laws and undermine the authority of international court.
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.
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