https://sg.news.yahoo.com/south-china-sea-ruling-singapore-urges-full-130641539.html
Singapore is asking for trouble and induce china to whip singapore more.
Wednesday, July 13, 2016
Tuesday, July 12, 2016
South China Sea ruling has created ramifications in ASEAN.
USA has succeeded in creating ramifications in ASEAN through the South China Sea ruling today. ASEAN runs the risk of breaking up like EU because USA wants ASEAN to choose sides.
US Supporters : Singapore, Phillippines, Vietnam
China Supporters: Malaysia, Thailand, Cambodia, Laos, Myanmar, Brunei.
China has upped its operational readiness by one notch after the South China Sea ruling today and recall its reservists for standby.
Monday, July 11, 2016
China is building a port in malacca so that its ships will bypass Singapore.
http://en.people.cn/n3/2016/0705/c90000-9081726.html
China is building a port in malacca so that its ships will bypass Singapore. As 70-80% of ships passing through straits of malacca come from China, this will badly affect Singapore port and our port volumes will decline significantly. This is the price we have to pay for being too close with USA and giving USA the right to berth its naval ships and P8A spy plane in SG.
China also has a port and oil pipeline in Myanmar so that its imported crude oil can bypass straits of malacca which can be under the control of USA through SG during war time.
This one belt one road economic plan which consists of railway will help china to bypass SG port because it can download all goods in malacca and transport them to China by railway.
No wonder we have lost our world busiest port status and we will lose more in the future when malacca port is up and running.
China is building a port in malacca so that its ships will bypass Singapore. As 70-80% of ships passing through straits of malacca come from China, this will badly affect Singapore port and our port volumes will decline significantly. This is the price we have to pay for being too close with USA and giving USA the right to berth its naval ships and P8A spy plane in SG.
China also has a port and oil pipeline in Myanmar so that its imported crude oil can bypass straits of malacca which can be under the control of USA through SG during war time.
This one belt one road economic plan which consists of railway will help china to bypass SG port because it can download all goods in malacca and transport them to China by railway.
No wonder we have lost our world busiest port status and we will lose more in the future when malacca port is up and running.
Saturday, July 9, 2016
Baltic Dry Index - 703
Today, Friday, July 08 2016, the Baltic Dry Index climbed by 4 points, reaching 703 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 - 440
HOUSTON —
The number of rigs exploring for oil and natural gas in the U.S. increased by nine this week to 440.
A year ago, 863 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 351 rigs sought oil and 88 explored for natural gas this week. One was listed as miscellaneous.
Among major oil- and gas-producing states, Texas gained three rigs, New Mexico and North Dakota each gained two and Louisiana, Oklahoma and Wyoming each gained one.
Kansas declined by one rig.
Alaska, Arkansas, California, Colorado, Ohio, Pennsylvania, Utah and West Virginia were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.
Chilcot report revealed the truth about Iraq war and Tony Blair apologised for Iraq invasion.
http://www.telegraph.co.uk/news/2016/07/06/chilcot-report-2003-iraq-war-was-unnecessary-and-invasion-was-no/
The 2.6m words in the chilcot report conducted by UK revealed that the Iraq war was started with flawed intelligence (fabricated by US). The iraq invasion notion was rejected by UN but US still defied and went to attack Iraq with UK without UN approval.
The quality and quantity of this chilcot report were so much better than US's own report that its veracity couldn't be refuted and this led Tony Blair to apologise to the world. However, USA still refused to provide any apology and insisted that it's right to attack Iraq.
USA is trying to create trouble in South China Sea now and it will fabricate intelligence again to achieve its own heinous and sinisterness goal.
The 2.6m words in the chilcot report conducted by UK revealed that the Iraq war was started with flawed intelligence (fabricated by US). The iraq invasion notion was rejected by UN but US still defied and went to attack Iraq with UK without UN approval.
The quality and quantity of this chilcot report were so much better than US's own report that its veracity couldn't be refuted and this led Tony Blair to apologise to the world. However, USA still refused to provide any apology and insisted that it's right to attack Iraq.
USA is trying to create trouble in South China Sea now and it will fabricate intelligence again to achieve its own heinous and sinisterness goal.
Friday, July 8, 2016
Thursday, July 7, 2016
Wednesday, July 6, 2016
Tuesday, July 5, 2016
Monday, July 4, 2016
China and Russia will be holding joint military exercise in South China Sea
http://english.chinamil.com.cn/news-channels/pla-daily-commentary/2016-07/01/content_7129735.htm
USA and Japan can conduct joint military exercise in South China Sea....So can China & Russia!
Tensions will be rising in South China Sea because of USA's involvement. If we continue to support USA to meddle in South China Sea, we'll be asking for troubles because if war breaks out, ASEAN will suffer. USA can just leave South China Sea after losing the war but we cannot.
USA and Japan can conduct joint military exercise in South China Sea....So can China & Russia!
Tensions will be rising in South China Sea because of USA's involvement. If we continue to support USA to meddle in South China Sea, we'll be asking for troubles because if war breaks out, ASEAN will suffer. USA can just leave South China Sea after losing the war but we cannot.
Saturday, July 2, 2016
Baltic Dry Index - 677
Today, Friday, July 01 2016, the Baltic Dry Index climbed by 17 points, reaching 677 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 - 431
HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 10 this week to 431.
A year ago, 862 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday 341 rigs sought oil and 89 explored this week for natural gas. One was listed as miscellaneous.
Among major oil- and gas-producing states, Texas and Oklahoma each gained four rigs, Colorado was up two and Louisiana one.
Alaska and New Mexico declined by two apiece.
Arkansas, California, Kansas, North Dakota, Ohio, 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.
___
This story has been corrected to show 431 is rig total this week.
Friday, July 1, 2016
China Yuanbang - Target prices and news for 2016
Please visit http://stockbanksg.wix.com/stock for technical analysis, target prices & news on China Yuanbang.
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