Baltic dry index - 1296

Today, Thursday, April 13 2017, the Baltic Dry Index climbed by 14 points, reaching 1296 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.

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Related stocks: Sembcorp Marine, Cosco & Pan Ocean.

US rig count - 847

The number of rigs exploring for oil and natural gas in the U.S. rose by 8 this week to 847.

A year ago, 440 rigs were active.

Houston oilfield services company Baker Hughes Inc. said Thursday that 683 rigs sought oil and 162 explored for natural gas this week. Two were listed as miscellaneous.

New Mexico added seven rigs, Oklahoma gained three, Texas increased by two, and California, North Dakota and Ohio each gained one.

Mississippi fell by three rigs, and Alaska and Louisiana each lost two.

Arkansas, Colorado, Kansas, Pennsylvania, Utah, West Virginia, and Wyoming were all unchanged.

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

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Related stocks: Keppel Corp, Sembcorp Marine & Cosco.

Syria declared it didn't launch the chemical attack.

https://sg.news.yahoo.com/syrias-assad-says-chemical-attack-100-percent-fabrication-135550221.html

There's really no reason for Assad to conduct a chemical attack because he's winning the war and he would risk Putin's support if he did that.

Fake news! Fake news! Fake news! By USA!

How do you know when USA will attack North Korea?

There are about 25m people living in Seoul.  If there's news that foreigners are leaving Seoul, it will mean that USA is going to attack North Korea.  This is a very obvious tell-tale harbinger for war.

Japan should stop its illegal occupation of Diaoyu islands.

http://www.reuters.com/article/us-japan-defence-scrambles-idUSKBN17F0J6

The truth is already out and Japan should stop whitewashing the history.  Oxford's library archives and China's own documentations already prove that China is the true owner of Diaoyu islands.  Therefore, Japan should stop its illegal occupation of Diaoyu islands.

Russia is right to veto the UN resolution against Syria.

https://sg.news.yahoo.com/russia-vetoes-un-resolution-condemn-syria-chemical-attack-220532406.html

There is no concrete proof that Syria government is the mastermind behind the chemical attack.  The accusation is solely based on USA intelligence.  UN is not under the control of any country and must be impartial on its own or risk losing credibility.

Singapore stock calls for 13 April 2017

Singapore didn't do well in the first quarter.

https://sg.finance.yahoo.com/news/singapore-apos-economy-contracts-annualized-000000991.html

Despite all the bullish economic growth forecasts by economists, Singapore didn't do well in the first quarter by declining 1.9% on annualized basis.

https://sg.finance.yahoo.com/news/singapore-retail-sales-swing-red-090100355.html

Our retail figures also didn't do well either.

Big insects found crawling on mars!

Wow! Curiosity rover drilling forced insects to crawl out from underground.

Singapore stock calls for 12 April 2017

Rickmers Maritime to close down!

http://www.businesstimes.com.sg/companies-markets/rickmers-maritime-to-wind-up-after-failing-to-reach-deal-with-lenders

We had stated in March that Rickmers Maritime would have great difficulty to restructure its debts.  Therefore, it's not surprising that Rickmers Maritime will close down.

http://sg-stock.blogspot.sg/2017/03/rickmers-will-have-hard-time-to.html

Shame on you, UK!

https://sg.news.yahoo.com/boris-johnson-asks-g7-consider-160117776.html

UK really got the cheek to ask for sanctions against Russia & Syria when it was UK who exported nerve gas chemicals to Syria.

http://www.independent.co.uk/news/uk/politics/revealed-uk-government-let-british-company-export-nerve-gas-chemicals-to-syria-8793642.html

How to believe UK that none of the chemicals was exported?  If there's no intention to export the chemicals, why allowed such an export in the first place?

OMG! UN is conducting a prejudiced chemical attack investigation.

https://sg.news.yahoo.com/draft-un-resolution-calls-syria-gas-attack-probe-170012268.html

Logically speaking, Assad won't be using any chemical weapon because he is winning the battles in Syria and Putin also won't approve it.

UN should investigate the site as chemical remnants will definitely be found on the ground which would be different from a chemical airstrike.  UN should investigate the site, Assad & rebels to find out the truth.

Russia has intelligence that rebel fighters use chemical weapons to frame Assad.

https://sg.news.yahoo.com/putin-warns-future-chemical-weapons-provocations-frame-assad-132438198.html

Russia definitely has better and accurate intelligence than USA.  It will just take UN only a few days to find out the truth behind the chemical attack in Syria.  Let's see how this will pan out.

United Airlines CEO lied about the mishandling of its male passenger.

http://finance.yahoo.com/video/video-united-passenger-dragged-off-033451430.html

The airport police used excessive force on a male passenger who refused to disembark the plane as he had to perform surgery for his patient the next day.  He was randomly selected by computer to disembark because United Airlines wanted to put 4 staffs on board a fully booked airplane.  Airport police were called in to forcefully remove the male passenger and the male passenger was injured by the airport police with a bloody face.  The airport police lied about the male passenger being aggressive and belligerent and the injury was due to a fall which turned out to be caused by the airport police when videos started to surface.  Thereafter, the airport policeman was suspended.

United Airlines CEO defended the removal of the male passenger forcefully.  Why the hell must a paying customer sacrificed his ticket for non-paying staffs?  This is not putting customer interest as a priority for this airlines.

People are calling for a boycott of this Airlines.

Singapore stock calls for 11 April 2017

Recession risk is high despite all the bullish economic growth forecasts.

http://www.cnbc.com/2017/04/10/theres-more-than-60-chance-of-a-global-recession-within-the-next-18-months-economist-says.html

Higher interest rates, higher inflations and geopolitical situations are the factors contributing to recession risks.

AFP is creating fake news!

https://sg.news.yahoo.com/china-remains-worlds-biggest-executioner-amnesty-233315115.html

If you look at USA statistics, USA police killed or executed more people on the streets than the country did.  When more people are killed on the streets by police, there will be fewer people for the country to execute.

https://www.washingtonpost.com/graphics/national/police-shootings-2016/

The police killed 963 people in USA in 2016 while the country only executed 20.

US is creating false intelligence again!

http://www.thestar.com.my/news/world/2017/04/10/us-officials-say-russian-inaction-enabled-syria-chemical-attack/

USA accused Russian of inaction which led to Syria chemical attack.  The truth was it was UK which sold nerve gas chemicals to Syria that enabled the chemical attack.

UK doesn't need to ship its goods through ASEAN anymore.

https://sg.news.yahoo.com/first-silk-road-train-britain-leaves-china-001450249.html

UK can transport its good to China on railway instead of sea routes.  Shipments through ASEAN will definitely drop and Singapore will suffer too.