The oil and gas industry is still not recovering and there will be more loan defaults soon. Many analysts are still too optimistic about this industry as none is calling for a SELL on Triyards.
Wednesday, September 6, 2017
Triyards may collapse soon!
http://www.businesstimes.com.sg/companies-markets/triyards-flags-potential-threat-to-going-concern
The oil and gas industry is still not recovering and there will be more loan defaults soon. Many analysts are still too optimistic about this industry as none is calling for a SELL on Triyards.
The oil and gas industry is still not recovering and there will be more loan defaults soon. Many analysts are still too optimistic about this industry as none is calling for a SELL on Triyards.
South Korea seeks Russia's help to resolve North Korea issue.
https://www.bloomberg.com/news/articles/2017-09-06/moon-seeks-putin-s-help-warns-of-uncontrollable-north-korea
President Moon still doesn't understand the whole situation. Russia cannot help because SK is no longer a sovereign state and cannot make any decision without involving the USA. Russia, like China, will demand SK to remove THAAD but SK cannot remove THAAD without the USA's approval. The real crux of the Korea peninsula problem lies between the USA and NK. SK and Japan will be the collateral damages when a war breaks out. As long as SK and Japan don't pressure the USA to remove THAAD from SK, it is difficult to resolve the current impasse.
President Moon still doesn't understand the whole situation. Russia cannot help because SK is no longer a sovereign state and cannot make any decision without involving the USA. Russia, like China, will demand SK to remove THAAD but SK cannot remove THAAD without the USA's approval. The real crux of the Korea peninsula problem lies between the USA and NK. SK and Japan will be the collateral damages when a war breaks out. As long as SK and Japan don't pressure the USA to remove THAAD from SK, it is difficult to resolve the current impasse.
North Korea H-Nuclear warhead.
This is the H-Nuclear bomb which will be put in a ballistic warhead. H-Nuclear bomb is the most powerful bomb so far on earth. The Hydrogen bomb which was recently tested by NK was 10x more powerful than the atomic bomb dropped in Japan.
H-Nuclear bomb is a high technological bomb because it has to go through a fission-fusion-fission process to achieve the maximum explosion. In a nutshell, a small atomic bomb (fission-split atoms) has to be ignited to achieve a high temperature of a few thousands degree for fusion (merge atoms) to take place before it eventually explodes again(split atoms) for maximum damage.
The diagram on the top left corner of the picture depicts the H-Nuclear bomb warhead.
China quantum communication can span more than 2,000km now.
http://en.people.cn/n3/2017/0905/c90000-9264879.html
After the advent of Quantum satellite, other quantum technologies are evolving as well. The quantum communication can achieve a distance of more than 2,000km now. This also means the quantum radar range will also be longer than before and stealth fighter will no longer be stealth anymore. All the billions sunk into the development of F35 would be flushed down the toilet bowl. What a waste!
After the advent of Quantum satellite, other quantum technologies are evolving as well. The quantum communication can achieve a distance of more than 2,000km now. This also means the quantum radar range will also be longer than before and stealth fighter will no longer be stealth anymore. All the billions sunk into the development of F35 would be flushed down the toilet bowl. What a waste!
Tuesday, September 5, 2017
Will USA attack North Korea unilaterally?
Well, this is a billion dollar question but we'll try to seek the answer with our best effort.
The USA will only attack North Korea if it is confident that it can destroy NK's nuclear sites and ballistic missiles in the first air strike. However, we do not foresee such confidence from the USA because the USA can only destroy about 85% of NK's capabilities leaving 15% for retaliation against South Korea and Japan. Our online research shows that the USA can only gather about 85% of intelligence about NK insofar. There are many unknown underground tunnels in NK that can accommodate mobile missile launchers. Therefore, the USA will not act unilaterally because Seoul and Tokyo will be annihilated from NK's retaliations.
The USA has been making public proclamation that it doesn't seek to dethrone Kim but Kim will not trust the USA due to the USA having a bad credibility record. I would say that the USA and NK are at an impasse now because both countries are suspicious of each other.
Furthermore, China and Russia won't allow a Korean peninsula war right at their doorsteps.
The USA will only attack North Korea if it is confident that it can destroy NK's nuclear sites and ballistic missiles in the first air strike. However, we do not foresee such confidence from the USA because the USA can only destroy about 85% of NK's capabilities leaving 15% for retaliation against South Korea and Japan. Our online research shows that the USA can only gather about 85% of intelligence about NK insofar. There are many unknown underground tunnels in NK that can accommodate mobile missile launchers. Therefore, the USA will not act unilaterally because Seoul and Tokyo will be annihilated from NK's retaliations.
The USA has been making public proclamation that it doesn't seek to dethrone Kim but Kim will not trust the USA due to the USA having a bad credibility record. I would say that the USA and NK are at an impasse now because both countries are suspicious of each other.
Furthermore, China and Russia won't allow a Korean peninsula war right at their doorsteps.
It's official now! Government tax credit is not considered a state subsidy under WTO.
Many countries will use the tax credit to boost its competitiveness now as WTO doesn't consider tax credit as a state subsidy.
WTO has set the precedent for all to follow. Good job!
Our envision for the future is going to be materialized.
https://sg.finance.yahoo.com/news/fear-robots-taking-jobs-spurs-040550775.html
More countries are considering an universal basic income in their societal structures for the foreseeable future because of displaced workers.
Our Envision:
http://sg-stock.blogspot.sg/2016/12/the-new-economy-and-radical-social.html
We did mention in our article that people would receive state assistance for subsistence in the new world and this universal basic income system is akin to the state assistance for subsistence.
This upcoming industrial revolution will destroy more jobs than it creates. Therefore, displaced workers will no longer be able to find jobs in this new world.
http://sg-stock.blogspot.sg/2017/05/artificial-intelligence-will-destroy.html
Are we prepared for this new societal development in Singapore?
More countries are considering an universal basic income in their societal structures for the foreseeable future because of displaced workers.
Our Envision:
http://sg-stock.blogspot.sg/2016/12/the-new-economy-and-radical-social.html
We did mention in our article that people would receive state assistance for subsistence in the new world and this universal basic income system is akin to the state assistance for subsistence.
This upcoming industrial revolution will destroy more jobs than it creates. Therefore, displaced workers will no longer be able to find jobs in this new world.
http://sg-stock.blogspot.sg/2017/05/artificial-intelligence-will-destroy.html
Are we prepared for this new societal development in Singapore?
India economic growth is declining tremendously.
http://www.livemint.com/Industry/yu33hGVkfNYCzfb7ENN3jO/Taking-stock-of-Indian-Economy-Consumption-key-to-GDP-growth.html
India GDP declined from 9% in 2016 to 5.7% in 2nd quarter of 2017. The fall is too fast and too furious which denotes a burgeoning economic problem in India. If this economic decline is not addressed, India will face a big social problem because its people will revolt.
Indians are known to protest violently. Just look at Singapore little India riot which was on a small scale.
No wonder India didn't dare to start a war with China and needed to attend BRICS summit because it needed BRICS badly for its economic growth.
India GDP declined from 9% in 2016 to 5.7% in 2nd quarter of 2017. The fall is too fast and too furious which denotes a burgeoning economic problem in India. If this economic decline is not addressed, India will face a big social problem because its people will revolt.
Indians are known to protest violently. Just look at Singapore little India riot which was on a small scale.
No wonder India didn't dare to start a war with China and needed to attend BRICS summit because it needed BRICS badly for its economic growth.
Monday, September 4, 2017
USA wants to use FTA to force South Korea to do its bidding.
https://sg.news.yahoo.com/trump-hints-withdrawal-u-south-korea-free-trade-033825279--business.html
The USA wants to use the FTA to force South Korea to install the other 4 sets of THAAD and also continue the military drills with USA against NK.
Sigh! SK is powerless against the USA.
The USA wants to use the FTA to force South Korea to install the other 4 sets of THAAD and also continue the military drills with USA against NK.
Sigh! SK is powerless against the USA.
Oil embargo against North Korea will force NK to go to war!
https://sg.news.yahoo.com/chinas-anger-west-overshadow-tougher-action-north-korea-110120616.html
Where is the UN human rights council?
An oil embargo for NK will make north koreans suffer tremendously but the UN human rights council is keeping mum. More sanctions will only make the north koreans suffer but not the government.
What's your take on this, UN human rights council?
Where is the UN human rights council?
An oil embargo for NK will make north koreans suffer tremendously but the UN human rights council is keeping mum. More sanctions will only make the north koreans suffer but not the government.
What's your take on this, UN human rights council?
EU and Turkey are falling apart.
https://sg.news.yahoo.com/merkel-wants-end-turkey-eu-membership-talks-194318250.html
If Germany succeeds in kicking out Turkey from EU, then Turkey may get kicked out of NATO too because Turkey will forge closer economic relationships with Russia. When Turkey has a cozier relationship with Russia, NATO will feel edgy.
If Germany succeeds in kicking out Turkey from EU, then Turkey may get kicked out of NATO too because Turkey will forge closer economic relationships with Russia. When Turkey has a cozier relationship with Russia, NATO will feel edgy.
Thai-Sino relationship is better than Singapore-Sino's.
http://www.scmp.com/week-asia/geopolitics/article/2109399/why-did-china-invite-thailand-brics-party-clue-its-sleeper-hit
Singapore always wants to extol the strong Singapore-Sino relationship but the real truth is Thailand got invited to the BRICS summit. Thailand is not part of BRICS but is the only ASEAN country to get invited to attend BRICS.
Being able to attend BRICS means there'll be an abundance of business and trade opportunities to harness with the 2 largest population countries. Therefore, attending the BRICS summit is better than attending the G20 summit as an observer.
Singapore! Wake up please!
Singapore always wants to extol the strong Singapore-Sino relationship but the real truth is Thailand got invited to the BRICS summit. Thailand is not part of BRICS but is the only ASEAN country to get invited to attend BRICS.
Being able to attend BRICS means there'll be an abundance of business and trade opportunities to harness with the 2 largest population countries. Therefore, attending the BRICS summit is better than attending the G20 summit as an observer.
Singapore! Wake up please!
China doing its part for a greener environment.
http://en.people.cn/n3/2017/0902/c90000-9263490.html
Hydrogen fuel cells bus! Hydrogen is a clean energy source and China is using wind power to produce hydrogen. This is truly a green eco-system and I hope that this development will be applied to the whole world.
Let's stop using diesel bus!
Hydrogen fuel cells bus! Hydrogen is a clean energy source and China is using wind power to produce hydrogen. This is truly a green eco-system and I hope that this development will be applied to the whole world.
Let's stop using diesel bus!
North Korea has conducted a nuclear test on Sunday!
https://sg.news.yahoo.com/north-korea-explosion-points-nuclear-test-043842707.html?hl=1&noRedirect=1
This nuclear test is a retaliation against the latest USA sanction. NK had previously stated clearly that it would retaliate and it did with a nuclear test.
A nuclear test is a breach of the red line drafted by the USA especially Trump. This nuclear test is to challenge Trump on his previous conviction to attack NK if a nuclear test was conducted.
If Trump doesn't keep to his word to attack NK for the nuclear test, then the USA will lose its credibility and it will be difficult to trust the USA on its future endeavours.
China and Russia had stated that the new sanctions would escalate the tension. Indeed, it really happened with a nuclear test.
http://sg-stock.blogspot.sg/2017/09/china-and-russia-have-stated-that-new.html
North Korea won't give up its nuclear program because it doesn't trust the USA due to USA bad records of reneging on its promises. NK has learnt a great deal from the historical events in the middle east. The USA would only attack countries who gave up on nuclear programs or without nuclear weapons.
Let's see how Trump will respond to this latest nuclear test.
This nuclear test is a retaliation against the latest USA sanction. NK had previously stated clearly that it would retaliate and it did with a nuclear test.
A nuclear test is a breach of the red line drafted by the USA especially Trump. This nuclear test is to challenge Trump on his previous conviction to attack NK if a nuclear test was conducted.
If Trump doesn't keep to his word to attack NK for the nuclear test, then the USA will lose its credibility and it will be difficult to trust the USA on its future endeavours.
China and Russia had stated that the new sanctions would escalate the tension. Indeed, it really happened with a nuclear test.
http://sg-stock.blogspot.sg/2017/09/china-and-russia-have-stated-that-new.html
North Korea won't give up its nuclear program because it doesn't trust the USA due to USA bad records of reneging on its promises. NK has learnt a great deal from the historical events in the middle east. The USA would only attack countries who gave up on nuclear programs or without nuclear weapons.
Let's see how Trump will respond to this latest nuclear test.
Saturday, September 2, 2017
Diplomatic fight between Russia & USA.
http://en.people.cn/n3/2017/0901/c90000-9263462.html
Russia will retaliate with its might against the forced closure of its consulate in San Francisco.
The USA is creating troubles everywhere.....Middle East, Russia, Korea, South China Sea, etc.
Russia will retaliate with its might against the forced closure of its consulate in San Francisco.
The USA is creating troubles everywhere.....Middle East, Russia, Korea, South China Sea, etc.
Baltic dry index - 1183
Today, Friday, September 01 2017, the Baltic Dry Index decreased by 1 point, reaching 1183 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 - 943
HOUSTON — The number of rigs exploring for oil and natural gas in the U.S. increased by three this week to 943.
A year ago, just 497 rigs were active.
Houston oilfield services company Baker Hughes said Friday that 759 rigs sought oil and 183 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, New Mexico added three rigs. Alaska gained two and Pennsylvania one.
Texas and Wyoming each lost a rig.
Arkansas, California, Colorado, Louisiana, North Dakota, Ohio, Oklahoma, Utah and West Virginia were all unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May of 2016 at 404.
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Related stocks: Keppel Corp, Sembcorp Marine & Cosco
Friday, September 1, 2017
China and Russia have stated that new sanctions against North Korea will only escalate the tension.
http://www.cetusnews.com/news/Russia-warns-new-US-sanctions-against-North-Korea-may-prove-DANGEROUS-amid-WW3-fears.Syg1ITI8KZ.html
http://en.people.cn/n3/2017/0831/c90000-9262971.html
A Korean peninsula war will break out if the tension continues to rise and more sanctions will not help to solve the problems.
Asia will suffer tremendously if we allow this war to break out and the USA will suffer the least as it is so far away. The direct victims will be South Korea and Japan and indirect victims will be China & Russia.
I hope Singapore won't support the USA in this case.
http://en.people.cn/n3/2017/0831/c90000-9262971.html
A Korean peninsula war will break out if the tension continues to rise and more sanctions will not help to solve the problems.
Asia will suffer tremendously if we allow this war to break out and the USA will suffer the least as it is so far away. The direct victims will be South Korea and Japan and indirect victims will be China & Russia.
I hope Singapore won't support the USA in this case.
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