G7 facing High Risk of short-term energy shortages

Amplify’d from www.thepeakeffect.com

 

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Adderall Shortage 2011: Will it end?

wehaveadd.blogspot.com

It’s getting frustrating, but I am researching it daily. Keep checking this site…

SHAW CAPITAL MANAGEMENT NEWS

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Shaw Capital Management News:(2nd LD) U.N. aid officials to visit S. Korea amid dire food shortages in N. Korea

By Sam Kim
SEOUL, March 25 (Yonhap) — A team of U.N. food agency officials, including a recent visitor to North Korea, will travel to South Korea next week, a government source said Friday, amid a flurry of activities indicating the international community is moving to resume food aid to the North.
The trip by four World Food Program (WFP) officials, including a donor relations director, will begin Monday and last through Thursday as they meet with foreign and unification ministry officials here, the source said, speaking on the condition of anonymity, citing policy.
Unification Ministry spokesman Chun Hae-sung confirmed in a briefing the trip would take place next week, but said he was unaware whether the delegation would include a researcher who recently traveled to North Korea to look into food shortages there.
The WFP visit comes after the U.N. said in a report Thursday (Washington time) that about a quarter of North Korea’s population of 24 million is in dire need of food, calling for 470,000 tons of international aid.
It also comes as former U.S. President Jimmy Carter is preparing to make his second trip in about eight months to North Korea on a visit that the State Department described as “strictly private.”
One of the world’s poorest countries, North Korea has heavily depended on outside handouts since it suffered a massive famine that is estimated to have killed up to 2 million people in the mid-1990s.
But food assistance to North Korea has dried up significantly since North Korea conducted a string of missile and nuclear tests in defiance of international warnings. Holding its neighbor responsible for threatening regional security, South Korea — once the largest provider of rice and fertilizer — has also suspended its assistance since 2008, prompting the North to react aggressively.
Dismissing speculation the South was considering plans to resume food aid to the North, Unification Ministry spokesman Chun said that his government was looking at offers by civilian groups to send relief assistance “in a purely humanitarian light.”
In October, the North’s Red Cross had sought 300,000 tons of rice and 500,000 tons of fertilizer from the South, which refused it, saying the amount was far from being on a humanitarian scale.
In a possible development that may pave the way for the sides to ease their animosity, South and North Korea agreed earlier this week to go ahead with a meeting of experts to conduct joint research on possible volcanic activities at a North Korean mountain.
The Unification Ministry said Friday it sent the North a list of four scholars, including one from a state-run geology institute, to take part in the meeting next week at a South Korean border city.
Tension between the two Koreas spiked to the highest level in at least a decade when the North bombarded a South Korean island in November last year. Seoul also holds Pyongyang responsible for the deadly sinking of one of its warships in the Yellow Sea a year ago.
Denouncing the North for the series of developments that claimed a total of 50 South Korean lives, including 46 on the Cheonan corvette, South Korean activists have held a string of rallies near the border, sending anti-Pyongyang leaflets in balloons.
North Korea renewed its warning on Wednesday that it would fire at a site used to send propaganda leaflets, rekindling border tension. Park Sang-hak, one of the activists, said Friday their plan to send leaflets from the western front-line island of Baengnyeong was postponed, accusing government authorities of hindering their propaganda material from being shipped.
Port officials cited bad weather as a reason for the failure to transport the leaflets and balloons by ship.
Residents on the island, fearing a deadly clash similar to one that broke out in the nearby island of Yeonpyeong last November, had vowed to stop the leaflets from being unloaded on the dock.
Analysts say the two Koreas, which remain technically at war after the 1950-53 Korean War ended in a truce, understand the importance of improvement in their ties as a step toward the resumption of six-party nuclear talks on the North.
The talks, which include the two Koreas, the U.S., Russia, Japan and China, were last held in December 2008. Despite the prolonged hiatus, the members of the negotiations consider them the only viable way to denuclearize the North through diplomatic means.
In a move that appeared to bode well for relations between Pyongyang and Washington, a North Korean economic delegation is on a U.S. tour at the invitation of a university there.
Ri Gun, director general of the North American affairs bureau of North Korea’s foreign ministry, is also scheduled to attend a seminar hosted by a U.S. think tank in Berlin on Saturday.

Drug shortages at all-time high

money.cnn.com

In 2010, 178 drug shortages were reported to the FDA. These include cancer drugs, anesthetics used in surgery, a large number of “sterile injectables” — medicines that are given intravenously — and “crash cart” drugs used in emergency treatments.

Valerie Jensen, FDA’s expert on drug shortages, said regulators are seeing a large number of new drug shortages in 2011 as well.

Jensen said the agency is especially concerned about the danger to consumers from shortages of injectable drugs, which represented more than half of the shortages reported last year to the FDA.

These are oncology drugs, drugs used during surgery and emergency treatments.

“Companies have told us that these injectable drugs are older drugs and not as profitable,” she said. “They’ve told us it’s a business decision to discontinue production.”

Over the last six years, the number of prescription drug shortages in the country has nearly tripled, the agency said.

Do we BELIEVE it will get better?

bit.ly

A news article regarding shortages of medicines at hospitals was sent to me, and the sender asked my thoughts.
I wanted to share those with you.

U.S. Scrambling to Ease Shortage of Vital Medicine

nytimes.com

If you were in the manager responsible for distributing cancer drugs for childhool leukemia, what criteria would you use to determine which children would not receive the drug due to the shortage?

Federal officials and lawmakers, along with the drug industry and doctors’ groups, are rushing to find remedies for critical shortages of drugs to treat a number of life-threatening illnesses, including bacterial infection and several forms of cancer.

The proposed solutions, which include a national stockpile of cancer medicines and a nonprofit company that will import drugs and eventually make them, are still in the early or planning stages. But the sense of alarm is widespread.

“These shortages are just killing us,” said Dr. Michael Link, president of the American Society of Clinical Oncology, the nation’s largest alliance of cancer doctors. “These drugs save lives, and it’s unconscionable that medicines that cost a couple of bucks a vial are unavailable.”

So far this year, at least 180 drugs that are crucial for treating childhood leukemia, breast and colon cancer, infections and other diseases have been declared in short supply — a record number.

Prices for some have risen as much as twentyfold, and clinical trials for some experimental cures have been delayed because the studies must also offer older medicines that cannot be reliably provided.

On Wednesday, Dianne Nomikos, 65, went to M. D. Anderson Cancer Center in Houston for a 9 a.m. appointment to receive Doxil, a vital medicine for her ovarian cancer. She was told to go home and wait until new supplies arrived.

“My life is in jeopardy,” she said through tears in a telephone interview. “Without the drug, who knows what’s going to happen to me?”

“It costs £30,000 a day to operate our neutron beams, but for three days we had no helium to run our experiments on those beams. In other words we wasted £90,000 because we couldn't get any helium. Yet we put the stuff into party balloons and let them float off into the upper atmosphere, or we use it to make our voices go squeaky for a laugh. It is very, very stupid. It makes me really angry.”

—Neutron beam research team leader Oleg Kirichek • Expressing rage at the shortage of the helium supply, which prevented his very important team from doing very important work. The earth has a limited supply of helium, which is a byproduct of petrochemical work — but for decades the gas was cheap, leading to shortages, or as Kirichek puts it: ”Now the stockpile is used up, prices are rising and we are realising how stupid we have been.” Get this guy some laughing gas; he needs to calm down a little.

COMMODITIES & CURRENCIES Silver | CR News Reports©

amplify.com

The pattern that silver is exhibiting is similar to the gold pattern when it broke through $750 an ounce back in 2007. If there is a silver panic because of shortages then you will see prices accelerate quickly. As the large banks with short positions in the silver market get squeezed they will be forced to cover their short positions and the price of silver will rise.

Silver | CR News Reports©

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COMMODITIES & CURRENCIES Silver prices fell from $50 to $3.50 an ounce. At some point, the commodity is looked at as cheap, the buyers move in, and the price starts to climb. This entry point is the beginning of the first stage of an accumulation run. With the exception of two small pullbacks (1998-2002 and 2008-2009) silver has been in this first stage of this accumulative run-up.

Q. When and where was step dance invented?
A. The step dance was invented in the Soviet Union by Stepan Stepanov Stepanovici, who had 12 children and only one bathroom.

In the wake of a reported shortage of o.b. tampons in New York city, bidding wars are breaking out online. Johnson & Johnson, the maker of o.b. tampons, has said they will resume shipments soon. I can only imagine how embarrassed they are that everything leaked out like this.

-DM

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