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ALL THAT WE ARE ;

Welcome, to the 08s75 HQ ♥

awesome place, awesome people,
awesome class [ :
no doubt about that.
what do stars do best?
they shine. (:

IMPORTANT DATES ;


FREEEEEEEEEEEEEEDOM!:)))))))))))))))
4JAN; FENGLIN'S BIRTHDAY
18JAN; JIAHUI'S BIRTHDAY



tagboard.




flyaway.
jiamin
valencia
estelle
jianrui
senior class <33333
APOLLO! :)
08a14-Apollo!
08s71-Apollo!
08s73-Apollo!
08s77-Apollo!
08s79-Apollo!
08s7B-Apollo!
08s6Q-Apollo!
08s6V-Apollo!
muchthanks.
Designer Basecodes
AdobePhotoshop

Archives:
January 2008 February 2008 March 2008 April 2008 May 2008 June 2008 July 2008 August 2008 September 2008 October 2008 November 2008 December 2008 January 2009 February 2009 March 2009 April 2009 May 2009 June 2009 July 2009 August 2009 September 2009 October 2009 November 2009 December 2009 January 2010 February 2010 March 2010 May 2010 June 2010 July 2010 August 2010 September 2010 January 2011
heart.
:D! us (:

ms soh! lihong(hong) beatrice(beattie) chiaern estelle (eliz)abeth
fenglin (val)encia audrey enyi(m0kut0u) kyna faith
lijing jiayee pohting nicole shin yi(shiny) yingming
felicia(felly) jiahui jiamin(wee) jianrui liangsai(coolsh!t)
zhian(anzai) nicholas(nick) mingliang(oon) yuming (soon)




Saturday 31 May 2008!
HandWritten on; 17:50

Class blog is so stagnant until mozzies might start breeding.
Have fun mugging at home everyone.

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HandWritten on; 16:29

cool this is post 222. MY FAV NUMBER!! whahaha. :)

anw, please help us do this survey for our PW :)
and tell all your nice friends to do too!
THANKEW!! :)

CLICK HERE!

<3
Nick
Lihong
Shinyi
Audrey
Eliz

Tuesday 27 May 2008!
HandWritten on; 07:33

"Few women admit their age. Few men act it."

HAPPY BIRTHDAY TO FELLOW GEMINI!
HAPPY (belated) BIRTHDAY TO AUDREY
HAPPY (belated) BIRTHDAY TO ELIZ
HAPPY BIRTHDAY TO ESTELLE
AND...
HAPPY BIRTHDAY TO ME! =)

Birthdays are good for you! Statistics show that those who have the most live the longest! ;)
Congratz for surviving another year. Growing old is mandatory, but growing up is optional. Here's to a Super Sensational Sweet Seventeen!

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HandWritten on; 00:02

HAPPY BIRTHDAY ENYI AND ESTELLE!! :)

Sunday 25 May 2008!
HandWritten on; 22:01

BOO!
This game is quite interesting. But yall can try playing. :)
The loading is very quite slow btw.
http://www.lemonadegame.com/
http://nobelprize.org/educational_games/economics/trade/game/ruler.html

<3shinyi.

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HandWritten on; 21:48

HAPPY BIRTHDAY ELIZABETH! :D

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HandWritten on; 21:15



quite a funny video about econs concepts!

happy hols, everyone!!! :D:D:D thanks for the wonderful last day of school. spnd your hols fun-ly and fruitfully and remember to
start mugging by the last week !!! :]

-kyna :)

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Saturday 24 May 2008!
HandWritten on; 15:36

Thank you 08s75, every single one of you, for the wonderful half a year spent together.

Thank you all for being who you are, forming part of the awesome memories i've had so far.

Thanks to liangsai who came up with such an imba idea for the beautiful candle display, which to me, shone brighter than any other candle formation I've yet to see.

Thanks to jiamin and lihong who came along with me to buy the food, and ordered the pizzas, and brought the exquisite chocolate cake, which we all (greedily, sinfully) dug our spoons into and gratefully let passed our lips in the most civilised manner.

Thanks to shiny and jiah for being handy camera women.

Thanks to pohting, shiny and all those who were playing the most amazing game of heart attack, to distract the people kept in the dark at the class bench.

A big thank you, to everyone who played a part in this, be it helping in creating the candle display, clearing up, or perhaps even by turning up for the pizza party, and for being who you are. Everyone made a difference in one way or another.

An even bigger thank you, to Ms Soh, (if you ever read this) for the awesome treat you gave us. WE WILL WORK HARD FOR BLOCKS AND NOT LET YOU DOWNNN.

okay, i've said my piece. im glad that the pizza party was a huge success. THANKS 08S75 have a grrreat rest. rmb to drink lots of water and erm, go exercise to burn of those lipids yeah (: lovelove.

we made hearts fly and emotions roar on friday (:


your beloved CT rep, valooo.

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HandWritten on; 15:15

hello!

more photos from yesterday are uploaded on photobucket (:

-jiah

Friday 23 May 2008!
HandWritten on; 23:23

THANK YOU 75 AND MISS SOH FOR THE PRETTY CANDLE THING TODAY AND THE CAKE AND THE LOVELY FOOD I'M GOING TO GROW FAT BUT I STILLL LOVE YOU GUYS (:
<3estelle

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HandWritten on; 22:49

THANK YOU MS SOH for the FOOD.
I'm sure we all put on a few lipids. :)

Its the last day of school. :)
ENJOY your HOLS :)

PHOTOs for today:

preparing the candles.
Anzai
Nick.SOON.
17! we're all getting OLD.SOON again with a different pose.NICK. btw, have a safe trip :)THE LIGHTING process.
THE PRODUCT. Very pretty right!
so, HAPPY BIRTHDAY MAY BABIES!! :)
Clearing up. We were very good and scraped out most of the rubbish.
Teamwork.

FOOOD.
OON.
After teaching me how to make the picture brighter, now its too bright. :D
THE CAKE. super yummy but fattening.
CHIPS!!
Random shots.
Enyi is ready to kill. tsktsk.
Liangsai.
Guess who..
Enyi has decided to kill....
Haha. the cake is too hard.
yummmy. PRETTY BEATTY! :D
Shinyi is BIG!OISHI PIZZA! WASABI FLAVOUR ROCKS! haha.
Digs. If you're interested where to get the cake.
Tsktsktsk. THE SCHOOL IS FULL OF GAYS. hais..
CLASS PHOTO. lousy camera..hehe.
Okays, have a great holiday. :)

Wednesday 21 May 2008!
HandWritten on; 18:52

How Europe is Drowning in Wine
Tuesday, Jul. 03, 2007 By LEO CENDROWICZ/BRUSSELS

There is nothing like a Bordeaux, a Chianti or a Riesling to evoke the taste and scent of Europe in a wine glass. The problem, according to the "wine lake" cliché. is that the continent is swimming in the stuff, thanks to E.U. farm polices that have sought to keep prices stable by stockpiling unsold wine. The current unsold inventory now adds up to more than a year's production — enough to fill 8,000 Olympic-sized swimming pools.

Next week, however, the European Commission hopes to begin draining the lake by overhauling the subsidies and quotas that have spurred overproduction, widely recognized as untenable for Europe's winemakers and its taxpayers. The Commission proposals, due to be released on Wednesday, aim to transform the way vines are planted and how wine is marketed, recognizing that too much of the E.U.'s $1.8 billion annual wine budget goes to compensate farmers for producing wine no one wants to drink. That wine is either destroyed, or — at additional cost — transformed into industrial alcohol.

European producers are feeling the competitive pressure from surging "New World" wines: Over the past decade, U.S. wine exports have leapt 160%, Australia's by 500%, Chile's by 270% and South Africa's by 770%. And, at the same time, European domestic consumption is declining by about 0.65% a year.

"We have been pouring taxpayers' money into distillation schemes [to convert unsold wine to industrial alcohol] while New World wine-producers have been running rings round us," E.U. Agriculture Commissioner Mariann Fischer Boel said last week. "Clearly, we must take a different approach to helping Europe's excellent wines punch their weight around the world more consistently."

Europe accounts for about half of the world's total wine consumption and two thirds of its production. European wine-making employs around 1.5 million people, and annually generates about $22 billion. But imports have been growing by about 10% a year, and could soon exceed exports, while revenues per wine farm in Europe have declined by an average of 12% between 1999 and 2003.

Fischer Boel hopes to address this by encouraging uncompetitive farmers to leave the industry "with dignity." Her proposals will also scrap a quota system that prevents young farmers from planting new, higher-quality grape varieties. The Commission wants the E.U. to change labeling rules to allow grape names such as Chardonnay or Sauvignon to be printed on all bottles rather than only on wines that are recognized as high quality. And it will call for a budget of $580 million for the 2008-2009 season to reimburse farmers to "grub up," or rip out, 400,000 acres of vines — 6% of the total in the E.U. — that contribute to the surplus.

One of the most controversial measures expected from the European Commission is the proposal to ban the use of sugar, which has been used for centuries to increase the alcoholic strength for labels such as Champagne. Fischer Boel wants winemakers to use unfermented grape juice instead, a move that would use some of the continent's excess capacity — even if it costs three times as much as using sugar.

Previous attempts at reform, however, have been met with hostility by the governments of Europe's wine-producing countries. And in the face of the inevitable backlash, the question is whether Fischer Boel will be able to drain the lake, or merely decant it.

Review: The European Commission has tried to intervene in reducing the surplus by controlling the source of raw materials, which is to request the winemakers to use unfermented grape juice, although it is three times more expensive than sugar. In the long run, this measure would ensure that the excess supply would not lead to a drastic decrease in the price of wine in the future. However, in the short run, the winemakers will have to bear the rise in cost while those who are unable to cover the cost may have to leave the industry.

~Ernie Chia Ern

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HandWritten on; 18:26

May 20, 2008, 11:48 am
How High Will Oil Go?
Posted by David Gaffen
As crude oil continues to grind higher, targeting $130 a barrel, and perhaps soon $140, $150, et cetera, analysts have steadily revised expectations for the commodity, taking into account the incredible gains mustered by oil during the last few months.
Still, few are expecting oil to average anywhere near where it has averaged in the last few weeks — most still believe oil will average in the low $100s for 2008, suggesting that most believe a correction, one way or another, is on the way.
Oil Forecasts, High to Low
Firm, 2008 Avg. Price
MF Global, $152
Goldman Sachs, $141
Credit Suisse, $120
Societe Generale, $115
Deutsche Bank, $105
Merrill Lynch, $101.45*
BMO Capital Markets, $100
Alaron Trading, $97

Merrill forecasts are an average of Q1 average of $97.78, and firm forecasts of $103, $110 and $95 for the 2nd, 3rd and 4th quarters.

The most bullish of those MarketBeat contacted was Scott Magnuson, senior commodity advisor at MF Global, who expects oil will hit $150 a barrel by July 4 and $185 a barrel by Thanksgiving.
“The main problem with crude oil prices is that world oil production has been stagnant for over two years now,” he writes in an email. “Global demand however continues growing, and U.S. consumers are reluctant to make any significant lifestyle changes or significant efficiencies.”
Goldman Sachs has been on record for steady bullishness, with its recent revision to its forecast, now at $141 a barrel for 2008. And Credit Suisse comes close, as the firm now expects an average $120 per barrel for 2008.

The argument for oil’s decline is often predicated on the notion that the U.S. economy (and others) will eventually be unable to afford oil prices at current or higher levels. Phil Flynn of Alaron Trading says his firm is projecting an average price of $97 a barrel, which implies a big correction — through Monday’s trade, crude’s average price has been $104.46 a barrel.
Government subsidies around the world are in part offsetting some of these costs for now, helping to maintain the price of oil. While demand for gasoline and other products has diminished somewhat, it has not dampened the crude market.Of late, crude was traded at $129.17 a barrel, up $2.12 on the day.

Review: Here are three facts about oil: it is a finite resource; it drives the global transport system; and if emerging economies consumed oil as Europeans do, world consumption would jump by 150 per cent. What is happening today is an early warning of this stark reality. It is tempting to blame the prices on speculators and big bad oil companies. The reality is different. Demand for oil grows steadily, as the vehicle fleets of the world expand. Today, the US has 250m vehicles and China just 37m. It takes no imagination to see where the Chinese fleet is headed. Other emerging countries will follow China’s example.

Meanwhile, spare capacity in members of the Organisation of the Petroleum Exporting Countries is currently at exceptionally low levels, while non-OPEC production has equally consistently disappointed expectations. While the demand is increasing exponentially, the oil supply is not keeping up, resulting in shortage and thus driving up the price of oil.

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Tuesday 20 May 2008!
HandWritten on; 23:10

Published in 2004

For about 100 years De Beers, the South African company had been the unchallenged monopoly in the diamonds business. Until a few years back, De Beers could determine who could buy uncut stones, in what quantities and quality and decide which cutting centers would be used. But its share of the rough-diamond market, 80% five years ago, had reduced to 45% by mid-2004.

Meanwhile Lev Leviev (Leviev), a former De Beers sightholder (one of the few exclusive direct buyers of De Beers rough diamonds), had emerged as the world's largest cutter and polisher of precious gems. Leviev also provided rough stones to other cutters, polishers and jewelry makers around the globe. Leviev was the diamond industry's first dealer to operate across the value chain from mining and cutting to polishing and retailing. Frustrated by De Beers' high-handed treatment of buyers, who were offered rough diamonds at take-it-or-leave-it prices and risked being permanently cut off if they resisted, Leviev had decided to operate on his own.

Leviev had begun dealing directly with diamond-producing governments. This undermined De Beers' all-important relationship with sight holders. Leviev had taken significant business away from De Beers in Russia and Angola--two of the world's largest producers of rough diamonds.

Leviev's defiance had inspired others like Rio Tinto, owner of Australia's Argyle mine, to bypass De Beers for the first time in 1996 and sell 42 million carats directly to polishers in Antwerp. In the early 1990s, the Russian government also began selling some of its rough supply to others despite its long time exclusive deal with De Beers. A key operator in Russia, Leviev had cultivated good relationships with the political leadership in that country.

Realizing that its monopoly was under threat, De Beers was also reorienting its strategy. It was trying to capture more value, undertake branding exercises and establish strong relationships with carefully selected sight holders. It remained to be seen how the battle between De Beers and Leviev would unfold.


Review

This example illustrates how competition brings about improvement in quality of products.


~ Soon Yu Ming

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HandWritten on; 21:06

Ahhhh!! class blog has been so saturated by econs stuff to the extend that amusing, creative, funny, lame, retarded, random posts have become endangered.


Hence, in an effort to revive the dead and uninteresting and serious class blog from the copy-and-paste-econs-articles-and-highlight-a-few-random-words-to-get-class-participation-points invasion, here's some demotivational posters for you people to destress and laugh abit...




















Thats all, for now!!
have fun! understanding them! =)
-coolsh!t