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Wednesday, September 14, 2016

USA is losing support in South China Sea.

USA is quickly losing support in South China Sea. It will risk alienating itself and be ostracised by ASEAN because ASEAN know USA's ulterior motive now.

https://sg.news.yahoo.com/philippine-leader-rejects-joint-patrols-eyes-china-weapons-111420199.html

Saturday, September 10, 2016

Baltic dry index - 804

Today, Friday, September 09 2016, the Baltic Dry Index climbed by 12 points, reaching 804 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 - 508

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by 11 this week to 508.
A year ago, 848 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 414 rigs sought oil and 92 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Louisiana gained eight rigs, Texas was up four, Utah and West Virginia each increased by two and Ohio by one.
Oklahoma declined by four and New Mexico was off two.
Alaska, Arkansas, California, Colorado, Kansas, North Dakota, Pennsylvania and Wyoming were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.

Friday, September 9, 2016

Thursday, September 8, 2016

Singapore stock calls for 8 September 2016.


Russia supports China overtly to reject PCA ruling!

https://sputniknews.com/world/20160905/1044988523/russia-china-putin.html

Russia has declared its position on South China Sea and supported China to reject PCA ruling.  Furthermore, it is asking non-claimants to stay out of South China Sea especially USA.



Russia will be involving in South China Sea which will restraint USA's influence.

ASEAN will be disintegrated once its members allow USA to meddle in South China Sea.

Countries that overtly support China: Russia & Thailand (latest update)

Countries that overtly support USA: None so far. (Duterte even called Obama son of whore)

When any Asean country overly supports USA, Asean will fall apart.  For eg, if SG supports USA overtly, China will use Malaysia to punish SG.  If Vietnam supports USA overtly, China will use Cambodia & Loas to punish Vietnam because Vietnam invaded its neighbouring countries in the past.  If Indonesia supports USA openly, China will use Malaysia & Brunei to punish Indonesia (muslims against muslims).

How can Asean be united like before when 2 super power countries use Asean to fight against each other for their own political causes and interests?

USA will definitely lose out in South China Sea because ASEAN wants to maintain peace, stability and unitedness but USA will still have a consolation price by selling its weapons to ASEAN when it creates chaos in South China Sea.

Sunday, September 4, 2016

Australia declares that PCA has no jurisdiction!

http://www.thestar.com.my/news/regional/2016/08/30/e-timor-urges-court-to-end-sea-border-row-with-australia/

Australia has declared PCA has no jurisdiction for its own case with East Timor but it wants China to respect and adhere to PCA's ruling on South China Sea. This is what happens when we allow a private organisation like PCA to rule on international matters. This will subject international laws to be interpreted differently. We must uphold a common set of interpretations for international laws.

Saturday, September 3, 2016

Obama's daft comments on China!

Obama has disgraced and deceived himself and the world with such a blatant daft speech.
What's wrong with the speech?
Who is the one flexing muscles in south china sea with 2 aircraft carriers and several destroyers? USA!
Yes, China is signatory to the UN convention on the law of the sea but USA is not. Why is USA using a law which itself doesn't recognise?
UN convention on the law of the sea must not be subjected to different interpretations by different parties. There is only 1 international court and it is ICJ. PCA is just a private organisation without legal authority to rule on international matters. If you look at PCA's website, you cannot find anything on it to substantiate its legality as a court as to who and what empower PCA to be an international court. Furthermore, it states clearly on its website that it is not a court in traditional sense but a framework.
PCA is a private organisation that doesn't recognise historical claim but ICJ which is backed by UN recognises historical claim as it is a backbone of all sovereignties. Without historical claims, many nations wouldn't exist today including USA.
Terra Nullius was a historical claim used by SG in Pedra Branca case against Malaysia in ICJ and ICJ awarded Pedra Branca based on that. Please refer to https://en.wikipedia.org/wiki/Pedra_Branca_dispute for more information.
If the world accepts PCA's ruling, it is empowering a private organisation to rule on international matters and also subjecting international laws to different interpretations. Where will UN and ICJ stand if a private organisation can rule on international matters?
The world must uphold the integrity of international laws and there must be a common interpretation but not different interpretations. Therefore, we cannot allow a private organisation to rule on international matters.

Baltic dry index - 720

Today, Friday, September 02 2016, the Baltic Dry Index climbed by 8 points, reaching 720 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 - 497

HOUSTON (AP) — The number of rigs exploring for oil and natural gas in the U.S. increased by eight this week to 497.
A year ago, 864 rigs were active. Depressed energy prices have sharply curtailed oil and gas exploration.
Houston oilfield services company Baker Hughes Inc. said Friday that 407 rigs sought oil and 88 explored for natural gas this week. Two were listed as miscellaneous.
Among major oil- and gas-producing states, Oklahoma, Wyoming and Texas gained four rigs each, Pennsylvania was up two, while North Dakota and West Virginia increased by one apiece.
Louisiana declined by seven and Colorado was down one.
Alaska, Arkansas, California, Kansas, New Mexico, Ohio and Utah were unchanged.
The U.S. rig count peaked at 4,530 in 1981. It bottomed out in May at 404.