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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.

Singapore stock calls for 4 July 2016


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.
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This story has been corrected to show 431 is rig total this week.