Cempaka Business and Economy: Singapore economy to shrink up to 5 pct in 2009

"A Summary" – Apr 2, 2011 (Kryon channelled by Lee Carroll) (Subjects: Religion, Shift of Human Consciousness, 2012, Intelligent/Benevolent Design, EU, South America, 5 Currencies, Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Middle East, Internet, Israel, Dictators, Palestine, US, Japan (Quake/Tsunami Disasters , People, Society ...), Nuclear Power Revealed, Hydro Power, Geothermal Power, Moon, Financial Institutes (Recession, Realign integrity values ..) , China, North Korea, Global Unity,..... etc.) - (Text version)

"The Timing of the Great Shift" – Mar 21, 2009 (Kryon channelled by Lee Carroll) - (Text version)

“ … Here is another one. A change in what Human nature will allow for government. "Careful, Kryon, don't talk about politics. You'll get in trouble." I won't get in trouble. I'm going to tell you to watch for leadership that cares about you. "You mean politics is going to change?" It already has. It's beginning. Watch for it. You're going to see a total phase-out of old energy dictatorships eventually. The potential is that you're going to see that before 2013.
They're going to fall over, you know, because the energy of the population will not sustain an old energy leader ..."

"Update on Current Events" – Jul 23, 2011 (Kryon channelled by Lee Carroll) - (Subjects: The Humanization of God, Gaia, Shift of Human Consciousness, 2012, Benevolent Design, Financial Institutes (Recession, System to Change ...), Water Cycle (Heat up, Mini Ice Ace, Oceans, Fish, Earthquakes ..), Nuclear Power Revealed, Geothermal Power, Hydro Power, Drinking Water from Seawater, No need for Oil as Much, Middle East in Peace, Persia/Iran Uprising, Muhammad, Israel, DNA, Two Dictators to fall soon, Africa, China, (Old) Souls, Species to go, Whales to Humans, Global Unity,..... etc.)

"The Recalibration of Awareness – Apr 20/21, 2012 (Kryon channeled by Lee Carroll) (Subjects: Old Energy, Recalibration Lectures, God / Creator, Religions/Spiritual systems (Catholic Church, Priests/Nun’s, Worship, John Paul Pope, Women in the Church otherwise church will go, Current Pope won’t do it), Middle East, Jews, Governments will change (Internet, Media, Democracies, Dictators, North Korea, Nations voted at once), Integrity (Businesses, Tobacco Companies, Bankers/ Financial Institutes, Pharmaceutical company to collapse), Illuminati (Started in Greece, with Shipping, Financial markets, Stock markets, Pharmaceutical money (fund to build Africa, to develop)), Shift of Human Consciousness, (Old) Souls, Women, Masters to/already come back, Global Unity.... etc.) - (Text version)

“… The Shift in Human Nature

You're starting to see integrity change. Awareness recalibrates integrity, and the Human Being who would sit there and take advantage of another Human Being in an old energy would never do it in a new energy. The reason? It will become intuitive, so this is a shift in Human Nature as well, for in the past you have assumed that people take advantage of people first and integrity comes later. That's just ordinary Human nature.

In the past, Human nature expressed within governments worked like this: If you were stronger than the other one, you simply conquered them. If you were strong, it was an invitation to conquer. If you were weak, it was an invitation to be conquered. No one even thought about it. It was the way of things. The bigger you could have your armies, the better they would do when you sent them out to conquer. That's not how you think today. Did you notice?

Any country that thinks this way today will not survive, for humanity has discovered that the world goes far better by putting things together instead of tearing them apart. The new energy puts the weak and strong together in ways that make sense and that have integrity. Take a look at what happened to some of the businesses in this great land (USA). Up to 30 years ago, when you started realizing some of them didn't have integrity, you eliminated them. What happened to the tobacco companies when you realized they were knowingly addicting your children? Today, they still sell their products to less-aware countries, but that will also change.

What did you do a few years ago when you realized that your bankers were actually selling you homes that they knew you couldn't pay for later? They were walking away, smiling greedily, not thinking about the heartbreak that was to follow when a life's dream would be lost. Dear American, you are in a recession. However, this is like when you prune a tree and cut back the branches. When the tree grows back, you've got control and the branches will grow bigger and stronger than they were before, without the greed factor. Then, if you don't like the way it grows back, you'll prune it again! I tell you this because awareness is now in control of big money. It's right before your eyes, what you're doing. But fear often rules. …”

Wednesday, January 21, 2009

Singapore economy to shrink up to 5 pct in 2009

The Jakarta Post, Alex Kennedy, The Associated Press, Singapore | Wed, 01/21/2009 1:31 PM

Singapore slashed its 2009 growth forecast for a second time this month, saying the economy could shrink as much as 5 percent, as the city-state reels from plunging demand for its exports.

During the last two weeks, weaker than expected retail sales, unemployment and industrial production in the U.S. and Europe and falling Asian exports forced the government to rethink its expectations for this year, the Trade and Industry Ministry said Wednesday.

Singapore's gross domestic product is now expected to contract between 2 percent and 5 percent this year, the ministry said. The previous two forecasts had allowed for the possibility that the economy would expand this year.

"These developments will have a major impact on Singapore," it said in a statement. "Global economic activity has declined faster and deeper, and the spillover effects on key sectors of the economy will be stronger."

The ministry also revised down last year's economic growth to 1.2 percent from 1.5 percent, following a 7.7 percent expansion in 2007.

The economy shrank a seasonally adjusted 16.9 percent in the fourth quarter, the largest contraction since the government began publishing the indicator in 1975.

"In all, this will mark the worst recession in Singapore's history," said Kit Wei Zheng, an analyst with Citigroup in Singapore.

Singapore's reliance on exports to drive growth is high even by the standards of export-dependent Asia, making it highly sensitive to the fortunes of major developed economies.

The government has said it plans to battle recession by boosting infrastructure spending and public aid in its 2009 budget, scheduled to be announced Thursday.

"All eyes will now be towards Thursday's budget, which no doubt will be aggressive," said Prakriti Sofat, an economist with HSBC in Singapore.

Non-oil exports, which account for about two-thirds of GDP, will likely fall between 9 percent and 11 percent this year, down from the government's earlier forecast of between a 1 percent growth and 1 percent contraction, the ministry's trade promotion agency, International Enterprise Singapore, said Wednesday.

The government also lowered its inflation forecast for this year, now expecting a range between no change in prices and a 1 percent drop from an earlier estimate of prices rising between 1 percent and 2 percent. Prices fell 0.6 percent in December and rose 4.3 percent last year, the statistics department said.

Manufacturing fell 13.5 percent in December from the same month the year before and dropped 11 percent from the previous month, the government said.

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