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Monday, August 22, 2016

China has upgraded its destroyer for South China Sea.

In view of further aggressive stance in South China Sea from USA, China has upgraded its destroyer with more lethal and advanced weapons. The 32-cell launch pad can contain 64 missiles in total.

http://sputniknews.com/military/20160810/1044143258/beijing-china-dispute-destroyer-missiles.html

China and Russia will be conducting naval exercise in South China Sea in September 2016.

China and Russia will be conducting a drill in South China Sea this September. This is to show the world that China and Russia are standing together on the South China Sea issue. Any country which is creating trouble in South China Sea will have to deal with 2 powerful nations, not just China per se.

http://www.reuters.com/article/us-southchinasea-china-drills-idUSKCN1080O8

Singapore stock calls for 22 August 2016


Saturday, August 20, 2016

Baltic Dry Index - 683

Today, Friday, August 19 2016, the Baltic Dry Index climbed by 1 point, reaching 683 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 - 491

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 491.  A year ago, 885 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration. Houston oilfield services company Baker Hughes Inc. said Friday that 406 rigs sought oil and 83 explored for natural gas this week. Two were listed as miscellaneous.  The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Political powers are shifting around the globe now!


USA tries to interfere in South China Sea that angers China.  Therefore, China is interfering in Middle East to get back at the USA.  China will be supporting Syria in the Middle East with military training and aids.  This is an excellent strategic move because Syria is an oil producing nation and China can import oil from Syria in RMB, not in USD.

https://www.rt.com/op-edge/356281-isis-china-russia-iran-syria/

With Russia and China support, Syria is pounding US-backed Kurdish troops by bombing them.

https://sg.finance.yahoo.com/news/syria-regime-pounds-kurdish-positions-second-day-170632363.html

We can see that Russia and China have formed a strategic alliance against the USA in South China Sea and Middle East.

For the first time in history, Iran has allowed Russia to use its airbase to bomb IS in Syria.  This is a political changing event which angers the USA.  Iran is overtly expressing its support for Russia involvement which will greatly reduce USA influence.

http://abcnews.go.com/International/wireStory/iran-official-permanent-russia-base-syria-strikes-41447307

Russia is also pressuring Turkey for access to its airbase to bomb IS in Syria and the primary motive is to create ramification in NATO since Turkey is one of NATO members.  With burgeoning supports from Iran, Syria, Turkey and China, Russia will become a major decision maker in Middle East.

http://www.theaustralian.com.au/news/world/the-times/russia-presses-turkey-for-access-to-us-incirlik-air-base/news-story/6872e14557dcd3bc86ede133d859d430?nk=1245f5e8f694d265d6215354926a07ca-1471673751

Friday, August 19, 2016

Singapore stock calls for 19 August 2016


China warns Singapore not to interfere in South China Sea.

China has warned Singapore not to interfere in South China Sea after PM Lee's remarks in USA. SG better listens or China will whip SG's economy. SG has been a USA supporter without much economic benefit. Latest economic statistics showed that sales to USA slid 19% and sales to China slid 17%.

http://www.scmp.com/news/china/diplomacy-defence/article/2004638/china-urges-singapore-not-interfere-south-china-sea

http://www.theedgemarkets.com.sg/node/292941

Saturday, August 13, 2016

Baltic Dry Index - 671

Today, Friday, August 12 2016, the Baltic Dry Index climbed by 18 points, reaching 671 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 - 481

HOUSTON — 
The number of rigs exploring for oil and natural gas in the U.S. increased by 17 this week to 481.
A year ago, 884 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 396 rigs sought oil and 83 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained 13 rigs and Colorado, New Mexico, North Dakota, Ohio and Utah were up one each.
California declined by one.
Alaska, Arkansas, Kansas, Louisiana, Oklahoma, Pennsylvania, West Virginia and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.