Baltic Dry Index - 745

Today, Friday, July 15 2016, the Baltic Dry Index climbed by 7 points, reaching 745 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 - 447

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by seven this week to 447.

A year ago, 857 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.

Houston oilfield services company Baker Hughes Inc. said Friday that 357 rigs sought oil and 89 explored for natural gas this week. One was listed as miscellaneous.

Among major oil- and gas-producing states, New Mexico gained four rigs and Louisiana three. Colorado, Pennsylvania and Texas were up one each.

Alaska, North Dakota, Utah and West Virginia declined by one rig apiece.

Arkansas, California, Kansas, Ohio, Oklahoma and Wyoming were unchanged.

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

ICJ has declared that it is not involved in South China Sea ruling.

http://www.icj-cij.org/homepage/index.php?p1=0Internet

Singapore stock calls for 15 July 2016

UN has publicly declared that PCA is not related to UN.

http://news.xinhuanet.com/english/2016-07/15/c_135515304.htm

USA can make a mockery of PCA because PCA is not part of UN.  USA dares not manipulate ICJ because UN won't allow anyone to undermine its credibility and reputation.  For example, USA sought UN's approval for Iraq invasion but UN disapproved it and US & UK invaded Iraq without UN's mandate.  This incident showed that UN would still protect its own credibility and reputation when any motion was illegal and inappropriate.

The truth about South China Sea ruling

Philippines has deceived the whole world intentionally and USA is the mastermind behind this farce.

Philippines filed the case under the instruction of USA in Permanent Court of Arbitration (PCA) and not in International Court of Justice (ICJ) because it could manipulate the outcome easily with USA as PCA is not a court and is not a UN agency.  Therefore, the outcome of PCA is not legal binding.

This is the reason why Singapore and Malaysia went to ICJ instead of PCA for Pedra Branca judgement because PCA is not a court and can be easily manipulated.


Explanation of PCA
https://en.wikipedia.org/wiki/Permanent_Court_of_Arbitration
https://www.youtube.com/watch?v=FnmFg7G0AT0

Singapore stock calls for 14 July 2016

Singapore stock calls for 13 July 2016

Latest update on south china sea.

China has deployed 4 generals to south china sea and looks set to prepare for a war.

Singapore is asking china to respect a rigged ruling.

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.

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.

South China Sea Judgement

http://www.rappler.com/nation/137202-philippines-china-ruling-case-west-philippine-sea?utm_source=line&utm_medium=ott

Singapore stock calls for 12 July 2016

Singapore stock calls for 11 July 2016

SMRT train saga exposes local media relevance.

https://sg.news.yahoo.com/comment-smrt-train-saga-exposes-cracks-in-013927667.html

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.

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.

Singapore stock calls for 8 July 2016