Bass, is the hot Feng Tao music hitting the club zones now, courtesy of Project Sonic.. Its hard hitting and full of trance. Bloomberg has a Story on Singapore's economy's BOMBING
Singapore will provide financing support to the country’s marine and offshore engineering companies to help ease some of the liquidity problems the industry has been facing amid weak oil prices.
More than two years of tumbling oil prices have wiped about $15 billion from the market value of Keppel Corp., Sembcorp Marine Ltd. and Singapore’s other listed oil-services companies. Since then, at least 25,000 jobs have been axed.
The oil industry may cut spendingfor a third straight year in 2017 as lower costs kick in and companies continue to grapple with weaker finances because of crude’s slump, the International Energy Agency said in September.
Things could get worse off for Singapore, following, REPORTs that Saudi Arabia is walking away from upcoming talks with non-OPEC members, including Russia, amid disagreementson how to share the burden of oil production cuts.
While Malaysia is facing a currency attack, Singapore's real economy's is in CLEAR and PRESENT danger.
So who is better off????
