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16,156 mergers and acquisitions deals have been conducted in Singapore so far which accumulated to a total value of 850 bil USD Since 1985 there has been a constant upward trend disrupted only in 2002 and 2009 the most active year in terms of numbers (926) and value (78 bil USD) has been 2017 so there is currently an all time high In general inbound and outbound deals in Singapore are nearly equally distributed; History In 1969 Mountbatten tried unsuccessfully to persuade his cousin the Spanish pretender Infante Juan Count of Barcelona to ease the eventual accession of his son Juan Carlos to the Spanish throne by signing a declaration of abdication while in exile the next year Mountbatten attended an official White House dinner during which he took the opportunity to have a 20-minute conversation with Richard Nixon and Secretary of State William P Rogers about which he later wrote "I was able to talk to the President a bit about both Tino [Constantine II of Greece] and Juanito [Juan Carlos of Spain] to try and put over their respective points of view about Greece and Spain and how I felt the US could help them." in January 1971 Nixon hosted Juan Carlos and his wife Sofia (sister of the exiled King Constantine) during a visit to Washington and later that year the Washington Post published an article alleging that Nixon's administration was seeking to get Franco to retire in favour of the young Bourbon prince, 1869: On 17 November 1869 the Suez Canal opens connecting the Mediterranean Sea to the Red Sea This allowed for an increase speed of travel time which resulted in a rise in trade volume The nation saw a $32 million dollar rise just a year after its opening, bonds and equities (debt and corporate ownership).