Baltic dry index - 720

Today, Friday, September 02 2016, the Baltic Dry Index climbed by 8 points, reaching 720 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 - 497

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 497.

A year ago, 864 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 407 rigs sought oil and 88 explored for natural gas this week. Two were listed as miscellaneous.

Among major oil- and gas-producing states, Oklahoma, Wyoming and Texas gained four rigs each, Pennsylvania was up two, while North Dakota and West Virginia increased by one apiece.

Louisiana declined by seven and Colorado was down one.

Alaska, Arkansas, California, Kansas, New Mexico, Ohio and Utah were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Singapore stock calls for 2 September 2016.

Simple maths puzzle.

Singapore stock calls for 1 September 2016.

Singapore stock calls for 31 August 2016

Singapore stock calls for 30 August 2016.

Singapore stock calls for 29 August 2016.

Why is the world willing to move on after Nazi but not Japanese occupation?

The reason is simple. The Germans apologized with utmost sincerity for the atrocities committed by the Nazis. When you visit any museum that displays Nazi's history and crimes, you can see a true account of the past. The Germans do not whitewash their acrimonious past.

https://www.washingtonpost.com/news/worldviews/wp/2015/08/13/germany-won-respect-by-addressing-its-world-war-ii-crimes-japan-not-so-much/

For Japan, the Japanese tried to whitewash their unglamorous past starting with their school textbooks and also protested against the Unesco Nanjing Massacre listing. Why? This makes it hard for Japan to deny the Nanjing Massacre when it is listed under the Unesco.

https://www.theguardian.com/world/2015/oct/13/japan-threatens-to-halt-unesco-funding-over-nanjing-listing

Not only does Japan government whitewash its history, it also worships the war criminals in the yasukuni shrine. This is akin to extolling their ruthless actions during WW2 especially when the government officials visit the shrine on an annual basis.

The world will never forgive Japan and move on because of insincere apology. The world cannot reconcile Japan's insincere verbal apology with regular yasukuni shrine visits and history whitewashes.

Baltic dry index - 720

Today, Friday, August 26 2016, the Baltic Dry Index climbed by 2 points, reaching 720 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 - 489

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. decreased by two this week to 489.

A year ago, 877 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 81 explored for natural gas this week. Two were listed as miscellaneous.

Among major oil- and gas-producing states, Pennsylvania gained two rigs and Wyoming was up one.

Colorado, Louisiana, Ohio, Texas and West Virginia each declined by one.

Alaska, Arkansas, California, Kansas, New Mexico, North Dakota, Oklahoma and Utah were unchanged.

The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

No need for USD anymore!

https://sg.finance.yahoo.com/news/iran-south-korea-begin-trade-124043465.html

USA has lost its power of influence in Middle East.

https://sg.news.yahoo.com/kerry-lavrov-meet-geneva-discuss-syria-ukraine-082549047--politics.html

USA couldn't decide unilaterally in Middle East anymore without involving Russia compared to the past.  No more hegemonic status!

TPP won't be approved this year.

http://www.channelnewsasia.com/news/world/tpp-deal-won-t-get-senate/3075360.html

TPP won't be approved this year and the new incumbent president also won't approve it either.  Both presidential candidates stated very clearly in their propagandas that they won't approve TPP because TPP was detrimental to USA economy.

Any changes to TPP will have to be re-negotiated with Asia countries and this is very time-consuming.  Therefore, TPP has virtually no success rate in the future.

Singapore stock calls for 26 August 2016

Singapore's economy will falter soon!

https://www.youtube.com/watch?v=-ia7RWlxDPc

As Singapore gets more and more supportive of USA's stance on South China Sea, China will block and tackle SG.  The Krai canal construction seems to have started insidiously as reported by China's news media.  This has been China's strategic move to counter USA's power in Straits of Malacca.

Singapore stock calls for 25 August 2016

Singapore stock calls for 24 August 2016

Singapore stock calls for 23 August 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