Thursday, February 24, 2011

Thursday, February 24, 2011

NEW ZEALAND ON THE MIND: Singapore is one of a handful of nations that has sent rescue/recovery personnel to New Zealand to help deal with the earthquake in Christchurch. Some of Singapore's armed forces were already in New Zealand for joint exercises. So, there's some measure of local pride in that assistance. Speaking of quakes, Singapore historically seems to have been out of harm's way, when it comes to major disturbances. According to this blogger, there have been tremors, but no real earthquake in Singapore. However, there has to be some interest and concern. There's a page devoted to warnings on the NEA (National Environment Agency) web site. It focuses on the region bounded by 20 North--10 South, 90-East; and 130 East. (NO, VIRGINIA, THOSE ARE NOT INTERSTATE HIGHWAYS. THINK GLOBALLY.)

BREAKING BUSINESS NEWS ALERT! STUNNING DROP IN CRANE SIGHTINGS: In keeping with recent drops in many markets, there's some interesting news based on the daily Singapore Crane Index Limited Economic Indicator. At last count an amazing 18 cranes are UP. (The photo above shows some of them.) One ship is slowly sidling up to a wharf, but I don't think it's going to happen quickly enough for any of the cranes to come down by 8:30 a.m., our typical reporting time. It's going to be close. Should we go live on network TV?....
There's a further complication. It looks like some cranes are MISSING. I should have noticed that they were on WHEELS. I will do all I can to make sure this does not affect the Singapore Crane Index Limited Economic Indicator. The worst that can happen is that it makes the ECONOMIC INDICATOR more LIMITED. That's OK. Relax, this might just be a CRANE CORRECTION.

Date: Feb. 25
Time: 8:15 a.m. (Singapore time)
Cranes Up (bad): 18
Cranes Down (good): 5
CRANES MISSING (unknown degree of goodness/badness): 5


CRANE UPDATE: SHIP GETS IN PLACE FAST
Date: Feb. 25

Time: 8:30 a.m. (Singapore time)
Cranes Up (bad): 16
Cranes Down (good): 7
CRANES MISSING (unknown degree of goodness/badness): 5

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