Drugmaker Raises The Price Of Vitamins By 800%, Makes Shkreli Blush

Avondale, a secretive Alabama-based drugmaker, has gained unwanted national attention after the company increased the price of a bottle of vitamins to almost $300 that can be bought on the internet for $5.
In the latest example of price-gouging in America’s lightly regulated pharmaceutical industry, records show Avondale inflated the price of Niacor, a prescription-only version of niacin, by ‘809 percent last month, taking a bottle of 100 tablets from $32.46 to $295’, according to the Financial Times.
Niacor is the prescription form of niacin, a type of vitamin B3 that is used to treat high cholesterol and the increased risk of a heart attack. With one easy search on Google, a generic version of Niacor can be bought for $5.75 on Jet.com – meanwhile, if the consumer wants the prescription brand, well, they might have to sell their Apple Watch.
Avondale’s development of price-gouging is certainly bad timing on management’s behalf when considering Martin Shkreli, who in the past year has become the most hated man in America after he bought the rights to a drug, then raised prices by 5,500 percent. In the world of Big Pharma, buy-and-raise schemes are not limited to just Shkreli, but it’s rampant across the industry, such as Valeant Pharmaceuticals who has been accused of raising drug prices by more than 5,000 percent.
The Financial Times said Avondale acquired the rights to Niacor from Upsher Smith, a division of Japan’s Sawai Pharmaceutical, earlier this year. The buy-and-raise scheme was immediately applied to Niacor, as management faced little or no competition among other drugmakers, along with limited government regulation.
Niacor isn’t the first time the company inflated drug prices, management ‘increased the price of SSKI by 2,469 percent, taking a 30ml bottle from $11.48 to $295,’ according to the Financial Times.

This post was published at Zero Hedge on Dec 15, 2017.

Lindsay Graham Warns “70% Chance Of War” If Kim Tests Another Nuke

The odds that the U. S. will attack North Korea are disconcertingly high, Republican Sen. Lindsey Graham revealed.
‘There’s a three in 10 chance we use the military option,’ Graham told the Atlantic on Wednesday, adding that he ‘would say 70 percent’ if North Korea conducts a seventh nuclear test.
‘We’re not to the tipping point yet,’ he said, but ‘if they test another [nuclear] weapon, then all bets are off.’
North Korea conducted its sixth nuclear test in September, detonating a suspected hydrogen bomb with an explosive yield at least ten times larger than the atomic bomb dropped on Hiroshima, Japan.
North Korea has threatened to carry out an atmospheric nuclear test in the Pacific, but there is also significant tunneling work underway for a potential underground nuclear test at the North’s Punggye-ri Nuclear Test Site.

This post was published at Zero Hedge on Dec 14, 2017.

Dude Where’s My Troops? Pentagon Loses Track Of 44,000 Soldiers

“The spirit of this country is totally adverse to a large military force,” said Thomas Jefferson in an 1807 letter to Chandler Price. And what would the nation’s third president and principal author of the Declaration of Independence say of today’s American “global force” deployed across the earth?
America’s “global military presence” is not hyperbole, but a literal fact, as a new Department of Defense study has found that US military personnel are stationed in literally every nation on the earth. The report bluntly confirms that, “The United States has military personnel in nearly every country in the world, ranging from two liaison officers in Fiji to tens of thousands from all of the service branches in Japan and Germany, according to the report.”
But perhaps more important and equally absurd (when one considers the original beginnings of the humble “republic” envisioned by founders like Madison and Jefferson) is the fact that America’s world-wide military presence is such that the Pentagon itself can’t track how many US service members are deployed where. A new bombshell article in Stars and Stripes military newspaper is non-ironically headlined, “Report: 44,000 ‘unknown’ military personnel stationed around the world”.

This post was published at Zero Hedge on Dec 9, 2017.

“The Threat Is Real” – Millions In Tokyo Join Nuclear Strike Evacuation Drills

Earlier this week, Hawaii reportedly tested its system of nuclear sirens for the first time since the 1960s as the state’s governor warned that he was taking North Korea’s threats of nuclear annihilation extremely seriously. Today, the Telegraph is reporting that the paranoia has spread to Japan, where millions of Tokyo residents will participate in evacuation drills meant to simulate their response to North Korean nuclear strike.
And Tokyo isn’t the first city to conduct these types of large scale drills: Towns facing the Korean Peninsula have conducted similar drills in recent months.
The national and city governments are to carry out a series of exercises between January and March to prepare for a potential attack on Tokyo, the Sankei Shimbun newspaper reported, the first time that a major Japanese city will have carried out responses to a simulated attack. Towns facing the Korean Peninsula have in recent months conducted similar drills, with residents instructed to seek shelter in response to sirens warning of an imminent missile strike.

This post was published at Zero Hedge on Dec 7, 2017.

North Korean “Ghost Ship” Arrivals In Japan Surge

Large numbers of North Korean fishing boats are washing up along the Japanese coast, some of which have contained decaying corpses.
Winds and water currents push dozens of boats onto Japan’s northern coasts annually. Rickety North Korean fishing boats are particularly vulnerable because they lack the sturdiness and equipment to return home. In November of this year alone, 28 of the so-called “ghost ships” were discovered by Japanese authorities with 42 people who claim to be fishermen found alive.
18 bodies have also been recovered so far.
As Statista’s Niall McCarthy notes, the grim discoveries suggest that the situation in North Korea is becoming desperate with sanctions and food shortages likely driving fishermen further out to sea to secure bigger catches.

This post was published at Zero Hedge on Dec 6, 2017.

In 300 Years, There Are Only 300 Japanese Left…

Via GEFIRA,
The world’s third largest economy has an aging and shrinking population and will simply disappear. The low fertility is not unique to Japan. The same problem besets Taiwan, China and Korea as well as the United States and Europe. In the West the establishment has opted for population replacement.
Countries like the UK, France and Sweden see a population growth only thanks to mass migration from Africa and Central Asia. The US replenished its dwindling population stock with migrants from Mexico to such an extent that in some counties Spanish is now the language of the majority.
After the Second World War Japan experienced the post-war baby boom. In 1948 a law was passed, most probably serving American interests, enabling easy access to abortion. At that time the fertility rate (average number of children born to a woman over her lifetime) was more or less stable – about 2.1 – which is the level needed to maintain population. However, in 1973 it started to decline rapidly and in 2005 it reached the lowest value of 1.26; in the same year the number of deaths has been higher than the number of births. Nowadays it stands at about 1.46.

This post was published at Zero Hedge on Dec 5, 2017.

US-Supplied Defense System Failed To Intercept Houthi Missile Attack On Saudi Capital

A new study in the New York Times suggests that Saudi Arabia’s state of the art defense system failed to intercept the ballistic missile fired by Yemen’s Houthi rebels which nearly hit Riyadh’s international airport on November 4th. The report contradicts the official claims of the Saudi and American governments, which both announced immediately after the incident that the US-supplied Patriot missile defense system had successfully intercepted the Houthi fired Scud.
The analysis, which utilized open-source material in the form of available video and social media photos of the aftermath of the attack, was conducted by a team of missile experts, and threatens to shake confidence in the US system, which is currently implemented by American allies around the world from South Korea and Taiwan to Turkey, Israel and Japan, among others.
And notably President Trump himself had announced while aboard Air Force One on the day following the attack, ‘Our system knocked the missile out of the air.’ Trump also emphasized the importance of demonstrable success of the systems and added, ‘That’s how good we are. Nobody makes what we make, and now we’re selling it all over the world.’
But The New York Times report begins with a flat contradiction of that claim:
The official story was clear: Saudi forces shot down a ballistic missile fired by Yemen’s Houthi rebel group last month at Saudi Arabia’s capital, Riyadh. It was a victory for the Saudis and for the United States, which supplied the Patriot missile defense system.

This post was published at Zero Hedge on Dec 5, 2017.

Risk Fades On Report Japan Boosting Missile Defense Against “North Korea Threat”

Earlier we joked that today’s rally was losing steam, and it “needs a North Korean ICBM launch to find new strength.”
This rally needs a North Korean ICBM launch to find new strength
— zerohedge (@zerohedge) December 4, 2017

Well, there has been no new launch (yet), however according to several desks the reason why USDJPY has faded and why the risk bid has faded sending ES to session lows, is as a result of a Nikkei report that “Japan boosting missile defense to face North Korean threat” although a closer read leaves one skeptical if this is indeed the reason, considering the Nikkei is talking about long-term plans and nothing imminent, to wit:
Japan will overhaul its missile intercept command system starting in fiscal 2018 to cope with advancements in North Korea’s weapons technology, such as faster-descending missiles launched at a steeper trajectory.
The Japan Aerospace Defense Ground Environment, or JADGE, detects incoming missiles via radar and combines that information with data from American military satellites and other sources to determine the rockets’ trajectory and likely point of impact. If the missiles are expected to strike Japan, land- and ship-based interceptors are ordered to shoot them down.
But many believe the current system could have trouble dealing with high-powered missiles launched at a lofted trajectory, a method that sacrifices range for height and a speedy descent. The intercontinental ballistic missile that North Korea launched last Wednesday took such a path. Rapidly calculating a high-flying missile’s speed and direction and determining whether it was launched by friend or foe requires a great deal of computing power, and “it is possible the current system would not be able to keep up” to intercept such a rocket, an official from the Ministry of Defense said.

This post was published at Zero Hedge on Dec 4, 2017.

South Korea Unveils Plan To Strike North Korean Missile Launchers

North Korea launched its Hwasong-15 ICBM into the waters west of Japan at 3:17 am local time on Wednesday. Barely six minutes later, South Korean artillery, air force, and Navy sprang into action and began firing missiles into the waters off eastern Korea – yet another military show of force meant to intimidate the North into ceasing its missile strikes.
The retaliatory display was calibrated to target a spot in the waters off the Korean peninsula that was exactly as far away as Pyongsong, a town about 20 miles north of Pyongyang where the Hwasong 15 was reportedly launched. The distance was meant to signify that the South Korean military could destroy the North’s missile launchers if it chose to do so, the Wall Street Journal.
But while the precision strike probably impressed any bystanders who were watching, in reality, the South’s technology for detecting and responding to North Korean missile launches is still unreliable.
But detecting missile tests is an imperfect science, involving misses as well as hits. In a conflict situation, North Korea is likely to take more steps to conceal its movements, for instance by deploying decoy launchers, said Yang Uk, senior defense researcher at the Korea Defense and Security Forum, a Seoul think tank. In such a scenario, the likelihood falls that South Korean, U. S. or Japanese forces would pinpoint the exact launch site, Mr. Yang said. Still, he viewed the South’s response to the missile test as a success, especially considering the short time the military needed to return fire.

This post was published at Zero Hedge on Dec 1, 2017.

Pat Buchanan Explains “Little Rocket Man’s Risky Game”

Authored by Patrick Buchanan via Buchanan.org,
In the morning darkness of Wednesday, Kim Jong Un launched an ICBM that rose almost 2,800 miles into the sky before falling into the Sea of Japan.
North Korea now has the proven ability to hit Washington, D. C.
Unproven still is whether Kim can put a miniaturized nuclear warhead atop that missile, which could be fired with precision, and survive the severe vibrations of re-entry. More tests and more time are needed for that.
Thus, U. S. markets brushed off the news of Kim’s Hwasong-15 missile and roared to record heights on Wednesday and Thursday.
President Donald Trump took it less well.
‘Little Rocket Man’ is one ‘sick puppy,’ he told an audience in Missouri.

This post was published at Zero Hedge on Dec 1, 2017.

North Korea’s Newest Missile Is Capable Of Carrying Multiple Warheads

Contrary to the South Korean government’s initial analysis, the missile launched by North Korea into the waters west of Japan yesterday could represent an important advancement in the country’s missile technology that would allow it to carry multiple warheads.
***
According to a report in Japanese business newspaper Nikkei, photos of the Hwasong-15 published by local North Korean media showcase a newly developed launch system and casing.
Rodong Sinmun, a mouthpiece for the North’s ruling Workers’ Party of Korea, published photos of the Hwasong-15, the country’s latest intercontinental ballistic missile, at liftoff and mounted on what appears to be a newly developed mobile launch system. The missile seems to involve a completely new rocket, judging by its size and shape, South Korea’s Ministry of National Defense said Thursday. The ministry’s initial analysis Wednesday claimed the Hwasong-15 was merely a retooled version of the Hwasong-14 ICBMs launched in July.

This post was published at Zero Hedge on Nov 30, 2017.

North Korea Releases Photos Of ICBM Capable Of Striking The US

North Korea alarmed the international community on Tuesday when, after a two-month lull, it fired a Hwasong-15 ICBM into the waters west of Japan. State media touted the launch as its most powerful missile yet. Judging by the missile’s peak height reached during its flight, experts say the North now has the capacity to strike nearly any location in the Continental US. Now, the North’s state media released dozens of photos and a video after Wednesday’s launch of the new Hwasong-15 missile, which North Korean leader Kim Jong Un declared had ‘finally realized the great historic cause of completing the state nuclear force’. The photos show Kim Jong-un personally overseeing the launch of the missile, an obvious source of national pride.
Pyongyang claimed the Hwasong-15 reached an altitude of around 4,475 kilometers and flew 950 kilometers during its flight, which lasted 53 minutes.
Kim Jong-un was shown in delight as the newly developed intercontinental ballistic rocket Hwasong-15’s test was successfully launched, in these photo released by North Korea’s Korean Central News Agency (KCNA) in Pyongyang November 30, 2017.

This post was published at Zero Hedge on Nov 30, 2017.

War: North Korea Fires Its Most POWERFUL Missile Ever Towards Japan As President Trump Promises To ‘Handle’ The Situation

In yet another apparent attempt at igniting a full-scale war, North Korea has conducted a test of what many believe to be the countries most powerful ICBM ever launched, with the missile landing off the coast of the United States close ally Japan.
In response, South Korea conducted their own test-launch while leaders from the United States and Japan also condemned the renewed nuclear aggression.
CNN reported:
‘North Korea fired an unidentified ballistic missile early this morning from Pyongsong, South Pyongan, to the east direction. South Korea’s Joint Chiefs of Staff is analyzing more details of the missile with the US side,’ said an official at South Korea’s Joint Chiefs of Staff.
South Korea’s Joint Chiefs of Staff said the South Korean military carried out a ‘precision missile strike drill’ just minutes after North Korea’s missile launch.
The precision missile strike matched the flight distance of the North Korean missile and landed in waters off the east coast of South Korea.
South Korea’s Joint Chiefs of Staff added that its counter drill tested a scenario of simultaneously hitting a target through the land, air and sea, but did not elaborate further.
‘South Korea apparently used this launch to prove it has the ability to hit the North’s mobile missile launchers or leadership targets,’ according to Adam Mount, a senior fellow at the Federation of American Scientists who previously worked as a senior fellow at the Center for American Progress.
‘It is a measured and pointed response but also a reminder that the peninsula remains on hair trigger alert, he told CNN. ‘In this situation, provocations or even mistakes could quickly escalate out of control.’

This post was published at shtfplan on November 28th, 2017.

North Korea Fires Intercontinental Ballistic Missile; Lands Inside Japan’s Economic Zone

Update 2: The Pentagon says initial assessment of North Korean launch “was an ICBM, traveled about 1,000 km before splashing into Sea of Japan,” Reuters reports. Separately, Yonhap notes that the North Korea missile reached an altitude of 4,500 km and flew 960km.

* * *
Update: In response to the launch, the South Korean military has staged a “precision strike” missile exercise in response, Yonhap reports citing the JCS. Meanwhile, the Pentagon has confirmed that the North Korean launch took place at 1:30pm EST, and was still assessing.
Separately, the office of the Japanese PM said the North Korean missile landed off the coast of Japan, likely inside the country’s Exclusive Economic Zone (EEZ).
Well, US experts did warn that North Korea could conduct another missile test “within days”, and for once, US experts were right, because moments ago Yonhap reported citing South Korea’s Joint Chiefs of Staff, that after a two and a half month hiatus, North Korea has fired a ballistic missile, the first such launch since September 15. The launch marks the first time North Korean has provoked the US and regional nations since US President Donald Trump labelled Pyongyang a state sponsor of terrorism.
“North Korea launched an unidentified ballistic missile eastward from the vicinity of Pyongsong, South Pyongan Province, at dawn today,” the S. Korean Joint Chiefs of Staff said.

According to the report, the missile flew eastward and the South Korean military is analyzing details with the U. S. Japan’s coast guard confirmed that North Korea fired a missile, which fell in the sea near Japan. The Japanese cabinet office said that the N. Korea missile landed in Japan’s exclusive economic zone (EEZ), and thus could be seen as an act of aggression.

This post was published at Zero Hedge on Nov 28, 2017.

“It Can Reach Washington, DC”: Latest North Korean ICBM Can Hit Anywhere In The Continental US

BREAKING: North Korea missile analyst @Shea_Cotton says initial estimates of ICBM test means NK now can reach New York & Washington DC @BBCNewshour
— Tim Franks (@BBCTimFranks) November 28, 2017

There was something different about today’s ballistic missile test: according to a preliminary analysis from the Pentagon, the rocket was an Intercontinental Ballistic Missile, which was reported to have flown for 50 minutes, on a very high trajectory reaching 4,500 km above the earth (more than ten times higher than the orbit of Nasa’s International Space Station) before coming down nearly 1,000 km from the launch site off the west coast of Japan.
This would make it the most powerful of the three ICBM’s North Korea has tested so far. Furthermore, the mobile night launch appeared aimed at testing new capabilities and demonstrating that Pyongyang would be able to strike back to any attempt at a preventative strike against the regime.
‘The missile was launched from Sain Ni, North Korea, and traveled about 1,000 km before splashing down in the Sea of Japan, within Japan’s economic exclusion zone. We are working with our interagency partners on a more detailed assessment of the launch,’ Pentagon spokesman, Col Robert Manning said.

This post was published at Zero Hedge on Nov 28, 2017.

SOUTH KOREAN GOVERNMENT: NORTH KOREA JUST FIRED ANOTHER BALLISTIC MISSILE

South Korean government officials claim that the rogue nation of North Korea has just launched yet another ballistic missile. There have been signs recently that Kim Jong-Un’s regime was preparing for a missile launch.
Japan’s Kyodo News reported on Monday that Japanese government detected radio signals that indicated a possible missile test in the near future.
‘The missile flew eastward and the South Korean military is analyzing details with the U. S.,’ Yonhap News Agency reported. North Korea last fired a missile on Sept. 15 that flew over Japan’s Hokkaido Island before splashing into the Pacific ocean.
According to Reuters news agency, this missile launch was confirmed by a US government source. The missile flew to the east and the South Korean military is analyzing details of the launch with the United States, South Korea’s joint chiefs said, according to the report.

This post was published at The Daily Sheeple on NOVEMBER 28, 2017.

Hillary Clinton Lashes Out At China’s “Bullying”, Blasts Trump’s “Bluster”

Seemingly in capable of heeding Senator John McCain’s advice to stop whining and “just shut up,” failed US presidential candidate Hillary Clinton slammed both U. S. President Donald Trump and Chinese leader Xi Jinping in remarks via video to a conference in Beijing on Tuesday.
***
As Bloomberg reports, Clinton said the Trump administration had retreated from diplomacy.
She called on both the U. S. and China to avoid ‘bluster’ or ‘personal taunts’ in dealing with North Korea, and said the six-party talks on denuclearization should resume (which as a reminder is the process by which we have arrived here with Kim lobbing ICBMs across Japanese land and test-fiirng nukes).
Perhaps Clinton’s $250,000 check did not clear, because in a somewhat unusual move, Clinton decided to tell the Chinese what to do too…

This post was published at Zero Hedge on Nov 27, 2017.

Russia Warns Of Possible “Apocalyptic Scenario” On Korean Peninsula

Russian deputy foreign minister Igor Morgulov said on Monday that “an apocalyptic scenario of developments” on the Korean Peninsula is possible, but Russia hopes that a common sense would prevail among the involved parties.
“A scenario of the apocalyptic development of the situation on the Korean Peninsula exists and we cannot turn our blind eye to it,” Morgulov said speaking at the opening of the eighth annual Asian Conference of the Valdai discussion club in Seoul. “I hope that a common sense, pragmatism and an instinct of self-preservation would prevail among our partners to exclude such negative scenario,” the Russian diplomat said, quoted by Russia’s Tass.
Fire and brimstone aside, Morgulov noted that a phase of calm appeared to be returning as North Korea’s current pause in provocations – the longest since last winter – indicates a step toward denuclearization of the Korean peninsula. ‘I think North Korea’s restraint for the past two months is within the simultaneous freeze road map’ suggested by China and Russia, Morgulov told reporters in Seoul on Monday according to Bloomberg. North Korea’s last provocation was on Sept. 15, when it fired its second missile over Japan in as many months. The 73-day pause is the longest since a 116-day break between October 2016 and February.
Russian and Chinese foreign ministers proposed in July a ‘double freezing’ initiative, under which North Korea refrains from missile and nuclear tests, and the U. S. and South Korea halt large-scale military exercises, however the U. S. has rejected this proposal, arguing that its drills are defensive in nature. Earlier this month, it carried out its first exercise in a decade using three aircraft carriers in the region, and plans to conduct drills with South Korea’s air force in early December.

This post was published at Zero Hedge on Nov 27, 2017.

Hawaii Reinstates Cold-War Era Warning To Prepare For North Korean Attack

The previously retired air raid warning sirens from the Cold War era in Hawaii will be wailing again come December. Only this time, it’s due to the rising tensions between the United States and North Korea.
Hawaii has long been a military defense outpost sparking fears that North Korea could target the island. ‘I suppose that’s necessary as a precaution,’ said Ted Tsukiyama, a Hawaiian resident, and WWII veteran. ‘But I don’t think North Korea is gonna attack,’ Tsukiyama said. ‘They’d be foolish to threaten South Korea or Japan or the United States.’
But the concerns are growing as North Korean leader Kim Jong-un has repeatedly threatened to drop a bomb over the Pacific Ocean, and President Donald Trump has threatened North Korea with ‘fire and fury’ and designated North Korea as a state sponsor of terrorism. In turn, North Korea has continually failed to abide by the United Nations sanctions placed on them, as they advance their weapons of mass destruction.
Sirens were installed around Hawaii after the second world war started, according to Tsukiyama, and there would be periodic tests. ‘I remember hearing the sirens going off. The radio would give us a warning: ‘This is only a test, don’t get alarmed,” said Tsukiyama, who was born and raised in Hawaii.

This post was published at shtfplan on November 27th, 2017.

FLASHBACK: JAPAN SAID IT WOULD TAKE ONE MILLION MEN 100 YEARS TO TAKE THIS FORTIFIED ATOLL, A FEW THOUSAND US MARINES DID IT IN THREE DAYS

Seventy-four years ago, the U. S. Marines waged war against Japanese forces across the Tarawa atoll in the Gilbert Islands.
Japanese Admiral Keiji Shibasaki, commander of the highly-fortified garrison on Betio Island, was reportedly so confident in his position that he claimed it would take one million men 100 years to take control of the atoll.
The U. S. Marines took it in three days, but it was, according to one historian, ‘the toughest battle in Marine Corps history,’ Business Insider introduced.
The Battle of Tarawa, the first target of the broader Central Pacific campaign in World War II and part of Operation Galvanic, began on November 20, 1943 as 18,000 U. S. Marines stormed the beaches at Betio, Tarawa’s largest island defended by around 4,500 Japanese troops, many of which were first-rate troops, as well as mines, barbed wire, machine gun nests and pillboxes, and various heavy artillery.

This post was published at The Daily Sheeple on THE DAILY CALLER NEWS FOUNDATION / NOVEMBER 21, 2017.