Singapore coffee klatch.

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Sometimes a picture tells the story as well as a thousand words. The image above, produced using a combination of Google Earth and a plugin from Vesseltracker.com, shows an unprecedented number of container ships sitting idle off Singapore in March. The world's busiest port for container traffic, Singapore saw its year-over-year volume drop by 19.6 percent in January 2009, followed by a 19.8 percent drop in February. As of mid-March 2009, 11.3 percent of...