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Keyword: shortages

Brevity: Headers | « Text »
  • Production of Coke halted in Venezuela for lack of sugar

    05/23/2016 3:32:18 PM PDT · by Red in Blue PA · 41 replies
    May 23 (Reuters) - The Venezuelan bottler of Coca-Cola has halted production of sugar-sweetened beverage due to a lack of sugar, a Coca-Cola Co spokeswoman said on Monday. Venezuela is in the midst of a deep recession, and spontaneous demonstrations and looting have become more common amid worsening food shortages, frequent power cuts and the world's highest inflation.
  • Toxic oil loans create trouble for big banks

    04/14/2016 9:45:02 AM PDT · by PAR35 · 7 replies
    CNN ^ | April 14, 2016: 11:55 AM ET | Matt Egan
    ... Bank of America (BAC) on Thursday announced it set aside $997 million to protect from loan losses, mainly in the bank's $22 billion energy portfolio. Wells Fargo (WFC) warned of "significant stress" and "deterioration" in the oil and gas space. The problems there forced Wells Fargo to add $200 million in loan-loss reserves, its first increase to this rainy-day fund since 2009. And JPMorgan Chase increased its provisions for credit losses by 88%, mostly due to the oil, natural gas and pipeline business. It was enough to cause JPMorgan's (JPM) first drop in profits since late 2014. ...
  • Graying of America could hit Sarasota hard

    03/14/2016 7:14:30 PM PDT · by Tolerance Sucks Rocks · 23 replies
    Tampa Bay Business Journal ^ | March 14, 2016 | Margie Manning
    The economic boom that Florida is experiencing now from population gains could lead to labor shortages and a drain on state resources in the future, according to a new report from the Federal Reserve Bank of Atlanta. Sarasota could be among the communities hardest hit by the graying of America, the report said. That’s because the city is an affluent community, and it may be hard for the caregivers who serve the elderly and tend to be lower paid to afford to live there, the report said.
  • Drug Shortages Forcing Hard Decisions on Rationing Treatments

    01/29/2016 12:23:32 PM PST · by Nachum · 31 replies
    New York Times ^ | 1/29/16 | Sheri Fink
    CLEVELAND — In the operating room at the Cleveland Clinic, Dr. Brian Fitzsimons has long relied on a decades-old drug to prevent hemorrhages in patients undergoing open-heart surgery. The drug, aminocaproic acid, is widely used, cheap and safe. “It never hurt,” he said. “It only helps.” Then manufacturing issues caused a national shortage. “We essentially did military-style triage,” said Dr. Fitzsimons, an anesthesiologist, restricting the limited supply to patients at the highest risk of bleeding complications. Those who do not get the once-standard treatment at the clinic, the nation’s largest cardiac center, are not told. “The patient is asleep,” he...
  • OPEC Economies On Their Last Legs

    01/28/2016 1:08:17 PM PST · by Citizen Zed · 15 replies
    oilprice.com ^ | 1-27-2016 | Euan Mearns
    In November 2014 the OPEC countries met in Vienna and agreed to keep pumping oil to maintain their market share rather than cut production to support the oil price. In a post written a month later I addressed the question of how these countries were positioned to withstand an extended period of low oil prices and high budget deficits. More than a year has now passed, so it's time to take a look at how they have done so far and to see what their actions presage for the future. Results to date: OPEC is known to have suffered economic...
  • 'Medical Meltdown:' Obamacare Ushers in Doctor Shortages "[T]he medical care you’ve enjoyed in

    08/03/2015 2:19:00 PM PDT · by Nachum · 30 replies
    Truth Revolt ^ | 8/3/15 | Trey Sanchez
    This past weekend, one hundred medical professionals met in California for the 33rd Doctors for Disaster Preparedness meeting and they all warned that healthcare as we have known it is over, thanks to increasing federal regulations and taxes. And as Obamacare rolls across the land, it is leaving in its wake a shortage of doctors and surgeons. According to a Breitbart report, orthopedic surgeon Dr. Lee Hieb told the conference, "What do I mean by medical meltdown? Well, sadly, I’m here to tell you that the medical care you’ve enjoyed in the past in your life is simply not going...
  • Socialism Works: Venezuela Out of Food, Doctors Make $15 a Month and There's No Beer

    07/30/2015 8:54:47 AM PDT · by SeekAndFind · 90 replies
    Frontpage Mag ^ | 07/30/2015 | Daniel Greenfield
    Venezuela used to have oil literally coming out of the ground. Then the Socialists took over and under Hugo Chavez made it a model for the world... to run away from. Here's what's going on in Venezuela now. Universal Health Care - Venezuela's widely praised government health care system is doing great. Doctors are being paid $15 a month In some hospitals, they had less than a third of the medical supplies they require. Almost every patient told me they had to buy at least some of their drugs on the street. Oncologists said that people who were diagnosed...
  • Meat of the Matter: Long-predicted water crisis is here

    07/26/2015 8:30:49 PM PDT · by Tolerance Sucks Rocks · 23 replies
    Drovers Cattle Network ^ | July 22, 2015 | Dan Murphy
    It’s not just producers and farmers who are getting hit with rising costs and growing shortages of water. When it comes to H2O, everyone better get prepared to pay more and get less. In its long history, water has never been more precious, more controversial, more expensive or more essential to agriculture and commerce than it is right now. A symbol of purity in cosmetic ads, a stand-in for quality in beer ads, the poster boy for violence and destruction during floods, hurricanes and tsunamis, water is currently so scarce out West that it threatens to decimate the nation’s most...
  • Massive Strawberry Heist Ahead of Midsummer

    06/18/2015 7:13:44 PM PDT · by nickcarraway · 32 replies
    The Local ^ | 18 Jun 2015
    Thousands of boxes of strawberries have been stolen from a farm in Vinslöv, in Skĺne, southern Sweden, with the search for the thieves gripping Swedes planning to feast on the fruits over Midsummer. The berries were taken from Vinslöv in the early hours of the morning, just a day before Swedes celebrate Midsummer, when the sweet fruits typically take centre stage. News of the heist quickly went viral, with reports of the theft among the most read in Sweden by Thursday afternoon. Swedes measure their strawberries in litres, and it is understood that 3,420 litres of the fruits were taken,...
  • Venezuela reaches the final stage of socialism: no toilet paper

    04/05/2015 7:40:29 PM PDT · by Kartographer · 112 replies
    Business Insider ^ | 4/5/15 | DAVID BOAZ,
    Venezuela's product shortages have become so severe that some hotels in that country are asking guests to bring their own toilet paper and soap, a local tourism industry spokesman said on Wednesday…. "It's an extreme situation," says Xinia Camacho, owner of a 20-room boutique hotel in the foothills of the Sierra Nevada national park. "For over a year we haven't had toilet paper, soap, any kind of milk, coffee or sugar. So we have to tell our guests to come prepared."… Montilla says bigger hotels can circumvent product shortages by buying toilet paper and other basic supplies from black market...
  • Saline shortages create troubles for U.S. hospitals

    06/27/2014 4:27:49 AM PDT · by SoFloFreeper · 37 replies
    PBS.org ^ | 6/25/14 | APRIL DEMBOSKY
    Hospitals across the country are struggling to deal with a shortage of one of their essential medical supplies. Manufacturers are rationing saline — a product used all over the hospital to clean wounds, mix medications and treat dehydration. Now drug companies say they won’t be able to catch up with demand until next year. ...“The Most Expensive Drug Shortage in History” The burden ultimately falls on hospitals, clinics, and dialysis centers to come up with their own workarounds. And all that staff time adds up. Hospitals spend $216 million a year on the labor costs of managing drug shortages, according...
  • U.S. hospitals hit with shortage of intravenous saline

    01/29/2014 2:38:39 AM PST · by Innovative · 26 replies
    Yahoo news/Reuters ^ | Jan 28, 2014 | Susan Kelly
    The U.S. Food and Drug Administration said on Tuesday it is working with the three manufacturers of intravenous saline solutions commonly used to hydrate hospital patients to address a shortage caused by a spike in demand. To cope with the shortage, healthcare providers are using substitute products such as oral hydration fluids or smaller IV saline bags with slower drip rates when appropriate, said Bona Benjamin, director of medication use quality improvement for the American Society of Health System Pharmacists. "We have heard from our members all over the country that the shortage is serious," Benjamin said. "People are able...
  • Cargill to close beef plant, cites cattle shortage

    07/30/2014 1:43:43 PM PDT · by Olog-hai · 19 replies
    Associated Press ^ | Jul 30, 2014 4:14 PM EDT
    Cargill plans to close a Milwaukee beef-processing plant which employs about 600 people on Friday due to a shortage of cattle. A Midwest drought in 2011 and 2012 hurt cattle levels, said Cargill spokesman Mike Martin. Now, many herders are breeding the cattle they have and not selling them. U.S. beef cattle herd is at its lowest level since 1951, Cargill said. …
  • Shortages Undermine Venezuela's Teetering Socialism

    01/17/2015 8:30:00 AM PST · by Oldeconomybuyer · 27 replies
    Investors Business Daily ^ | January 16, 2015
    Socialism: Venezuelans are being arrested for posting Internet photos of shortages in stores. So let's get this straight: Murder and mayhem are de facto legal in that crime pit, but posting evidence of socialism's failure merits jailing. As socialism plays out to its logical conclusion in Venezuela, the specters of long lines, rationing, troop enforcers, bizarre edicts and desperate statements are now the order of the day. Not only have more than a dozen Venezuelans been arrested for posting photographs of empty store shelves on social media, three governors have responded to long lines by — prohibiting them; ordering the...
  • This Chart Makes It Look Like It's All Over In Venezuela

    01/15/2015 9:50:14 PM PST · by blam · 37 replies
    BI ^ | 1-15-2014 | Linette Lopez
    <p>Collapsing oil prices have a turned a difficult economic situation into a dire one. Oil exports brought in 60% of the country's revenue.</p> <p>Wall Street is watching and waiting, which is why the spread on Venezuela's 5 year credit default swap — basically debt insurance — has spiked. You just don't see charts like this everyday people.</p>
  • Venezuela supermarket lines swell as shoppers scramble to buy basics

    01/09/2015 11:44:32 AM PST · by Kartographer · 83 replies
    Reuters ^ | 1/9/14 | Alexandra Ulmer
    Lines are swelling at Venezuelan supermarkets, with some shoppers showing up before dawn in search of products ranging from chicken to laundry detergent, as a holiday slowdown in deliveries sharpened the nation's nagging product shortages. Queues snaked around the block at grocery stores and pharmacies around the country on Friday, with consumers in some cases gathering before dawn under the gaze of National Guard troops posted to maintain order. Business leaders have assured Venezuelans the situation will improve in the coming days as distributors return from the often extended Christmas holidays, though many consumers blamed the socialist economic policies of...
  • Venezuela's Newest Shortage: Breast Implants

    09/15/2014 3:49:15 PM PDT · by dynachrome · 34 replies
    ABC ^ | 9-15-14 | HANNAH DREIER
    Venezuela's chronic shortages have begun to encroach on a cultural cornerstone: the boob job. Beauty-obsessed Venezuelans face a scarcity of brand-name breast implants, and women are so desperate that they and their doctors are turning to devices that are the wrong size or made in China, with less rigorous quality standards. Venezuelans once had easy access to implants approved by the U.S. Food and Drug Administration. But doctors say they are now all-but impossible to find because restrictive currency controls have deprived local businesses of the cash to import foreign goods. It may not be the gravest shortfall facing the...
  • Venezuelans Don't Like The Idea Of Being Fingerprinted Just To Buy Groceries

    08/30/2014 10:20:43 AM PDT · by blam · 28 replies
    BI - Reuters ^ | 8-30-2014 | Alexandra Ulmer
    Alexandra Ulmer, Reuters August 29, 2014 CARACAS (Reuters) - A government plan to combat Venezuela's food shortages by fingerprinting shoppers in grocery stores has sparked a backlash ranging from violent street protests to social media campaigns ridiculing the idea. Shoppers have for more than a year struggled to find basic goods including cooking oil, powdered milk and corn flour as well as detergent, shampoo and diapers. Apart from a short supply of dollars for imports, the shortages have been blamed on heavy subsidies that allow shoppers to stock up on staples and resell them in neighboring Colombia or on the...
  • Lime Prices Are Surging (Citrus)

    03/27/2014 10:45:08 AM PDT · by blam · 34 replies
    BI/Reuters ^ | Jim Forsyth, Reuters
    Lime Prices Are Surging Jim Forsyth, Reuters Mar. 27, 2014, 1:16 PM SAN ANTONIO (Reuters) - Mexican restaurants in the United States are being squeezed by a sudden jump in the price of limes, an essential ingredient, which has led managers in places like San Antonio that are a hotbed for the cuisine to alter recipes. "Mexico received some heavy rains that destroyed a large amount of the lime crop, so with limited supplies we are seeing lime prices skyrocket," Bryan Black, director of communications for the Texas Department of Agriculture, said on Thursday. Texas like most U.S. states receives...
  • California: Before And After The Drought, And Why It's Only Going To Get Worse

    02/04/2014 6:01:28 AM PST · by blam · 21 replies
    Zero Hedge ^ | 2-4-2014 | Tyler Durden
    California: Before And After The Drought, And Why It's Only Going To Get WorseZero Hedge Tyler Durden on 02/03/2014While the Northeast is blanketed by another winter storm, California has its own, quite inverse, climatic problems in the form of a historic drought which as Bloomberg reports, is forcing farmers in the fertile central valley region to fallow thousands of acres of fields and has left 17 rural towns so low on drinking water that the state may need to start trucking in supplies. It is so bad that water reservoirs are at about 60 percent of average, according to state...
  • U.S. Cattle Herd Is At A 61 Year Low And Organic Food Shortages Are Being Reported All Over America

    01/23/2014 11:22:27 PM PST · by Nachum · 68 replies
    zero hedge ^ | 1/23/14 | Tyler Durden
    Submitted by Michael Snyder of The Economic Collapse blog, If the extreme drought in the western half of the country keeps going, the food supply problems that we are experiencing right now are only going to be the tip of the iceberg. As you will see below, the size of the U.S. cattle herd has dropped to a 61 year low, and organic food shortages are being reported all over the nation. Surprisingly cold weather and increasing demand for organic food have both been a factor, but the biggest threat to the U.S. food supply is the extraordinary drought which...
  • Venezuelan Police Seize Stash of Toilet Paper

    06/01/2013 9:46:26 AM PDT · by John Semmens · 8 replies
    Semi-News/Semi-Satire ^ | 31 May 2013 | John Semmens
    The Government's determination to impose a “socialist solution” to the nation's burgeoning spate of material shortages took what officials called “a major step forward” when police seized a hidden stash of 2500 rolls of previously privately owned toilet paper. “These last remnants of a vital commodity have been rescued from the hands of the selfish and will now be redistributed according to the rules of social justice,” President Nicolás Maduro boasted. “There will be no more hoarding. Everyone will get an equal share.” The allocation is estimated to amount to one-twenty-fifth of a sheet per person. That's a piece measuring...
  • Venezuelans Scrambling to Find Scarce Toilet Paper

    05/21/2013 8:14:10 PM PDT · by Kartographer · 71 replies
    AP via ABC ^ | 5/16/13 | FABIOLA SANCHEZ and KARL RITTER
    After years of economic dysfunction, the country has gotten used to shortages of medicines and basic food items like milk and sugar but the scarcity of bathroom tissue has caused unusual alarm. "Even at my age, I've never seen this," said 70-year-old Maria Rojas. She said she had been looking for toilet paper for two weeks when she finally found it at a supermarket in downtown Caracas. Thousands of rolls flew off the store's shelves as consumers streamed in and loaded up shopping carts Thursday morning. "I bought it because it's hard to find," said Maria Perez, walking out with...
  • Cyprus Triggers Preference For Goods, Gold And Silver (Buy Stuff)

    04/02/2013 10:58:59 AM PDT · by blam · 33 replies
    TMO ^ | 4-2-2013 | Alasdair Macleod
    Cyprus Triggers Preference For Goods, Gold And Silver Commodities / Gold and Silver 2013April 02, 2013 - 07:10 PM GMT By: Alasdair Macleod Almost certainly prices for goods in Cyprus will rise as a result of its banking crisis, because the imposition of capital controls will restrict imports, leading to supply bottlenecks. In addition residents will no longer be complacent about keeping money on deposit, but seek other alternatives. Large depositors may be trapped, but smaller local depositors will draw them down for cash to stock up on things needed tomorrow while they are available.Cypriots will therefore change their preferences...
  • Panic In Greek Pharmacies As Hundreds Of Medicines Run Short

    02/28/2013 7:52:34 AM PST · by blam · 44 replies
    TBI ^ | 2-28-2013 | Elizabeth Sukkar and Helena Smith, The Guardian
    Panic In Greek Pharmacies As Hundreds Of Medicines Run Short Elizabeth Sukkar and Helena Smith, The GuardianFebruary 28, 2013Greece is facing a serious shortage of medicines amid claims that pharmaceutical multinationals have halted shipments to the country because of the economic crisis and concerns that the drugs will be exported by middlemen because prices are higher in other European countries. Hundreds of drugs are in short supply and the situation is getting worse, according to the Greek drug regulator. The government has drawn up a list of more than 50 pharmaceutical companies it accuses of halting or planning to halt...
  • Mayhem in Mali: Implications of the Military Coup in Bamako

    03/24/2012 1:20:28 AM PDT · by bruinbirdman · 7 replies · 5+ views
    Jamestown Foundation ^ | 3/23/2012 | Andrew McGregor
    Executive Summary:On March 21, 2012, a group of Army mutineers appeared on Mali's national television station to declare that they had ended President Amadou Toumani Toure's regime and put in place the “National Committee for the Return of Democracy and the Restoration of State” (CNRDR). In the days following the coup, the leader of the CNRDR – Captain Amadou Sanago, a virtually unknown junior officer, has shown an inability to command discipline from his troops – who have looted the capital. The disappearance of President Toure and the factional infighting of the Army have made the country defenseless against AQIM’s...
  • Watch: “The Global Food Crisis You Need To Prepare For Is Now Imminent”

    12/19/2012 6:24:05 AM PST · by blam · 32 replies
    SHTF Plan ^ | 12-19-2012 | Mac Slavo
    Watch: “The Global Food Crisis You Need To Prepare For Is Now Imminent” Mac Slavo December 19th, 2012 Grocery stores may still be stocked with food and most Americans are still able to keep their family’s fed, but with 50 million Americans requiring government assistance to do so and prices on a seemingly never ending rise, how long will it be before the situation becomes unmanageable? The global food crisis you need to prepare for is now imminent. For the past six years the world has consumed more food than it has produced. As a result, global food reserves are...
  • Grid-Down Collapse: Hard Assets Soar In Value

    11/06/2012 11:40:32 AM PST · by blam · 77 replies
    SHTF Plan ^ | 11-6-2012 | Mac Slavo
    Grid-Down Collapse: Hard Assets Soar In Value Mac Slavo November 5th, 2012By all accounts, the residents of many hurricane stricken areas of the north east are in the midst of a collapse. While FEMA, the National Guard and private relief organizations are in place and providing some level of assistance, the fact of the matter is that for tens of thousands of Americans, the world as they knew it has completely collapsed around them. What we are witnessing are the immediate after-effects of what is referred to as a grid-down scenario, where utility infrastructure like water and electricity, transportation infrastructure...
  • Global Food Crisis Risk Is Soaring [MAP]

    10/10/2012 8:44:48 AM PDT · by blam · 27 replies
    TBI ^ | 10-10-2012 | Joshua Berlinger
    Global Food Crisis Risk Is Soaring [MAP]> Joshua BerlingerOctober 10,2012The global risk analysis firm Maplecroft has released its food security index for 2013, along with a map that highlights which the food security of individual states. Africa is clearly the most afflicted, with six of the seven states at "extreme risk." Afghanistan was the only nation outside of Africa at extreme risk. Only two countries lacked sufficient data to be analyzed. Spiking food prices could have catastrophic consequences. "Forecasts for 2013 provide a worrying picture,” Maplecroft’s Head of Maps and Indices Helen Hodge added. “Although a food crisis has not...
  • South Africa Is On The Brink Of Total Chaos As Strikes Are Leading To Fuel And Cash Shortages

    10/03/2012 2:23:27 PM PDT · by blam · 28 replies
    TBI ^ | 10-3-2012 | Matthew Boesler
    South Africa Is On The Brink Of Total Chaos As Strikes Are Leading To Fuel And Cash Shortages Matthew BoeslerOct. 3, 2012, 11:02 AMThe labor strikes that have engulfed the mining industry in South Africa in recent weeks have now spread to one of the country's most vital industries – trucking. Without the trucking industry facilitating the flow of goods between purchasers and suppliers, things can get ugly pretty quickly, as they did in the U.K. in 2001 when truckers went on a similar strike and brought the British economy to the brink. Truckers are already entering their second week...
  • U.S. Food Prices 2013: Jeremy Grantham Warns Of Coming "Dystopia"

    08/08/2012 10:12:32 AM PDT · by blam · 11 replies
    TMO ^ | 8-8-2012 | Money Morning
    U.S. Food Prices 2013: Jeremy Grantham Warns Of Coming "Dystopia" Commodities / Agricultural Commodities Aug 08, 2012 - 10:04 AM By: Money Morning Ben Gersten writes: The U.S. Department of Agriculture (USDA) on July 25 issued a report warning every American that U.S. food prices in 2013 will rise 3%-4% -- but that jump is just the start of a frightening long-term trend. The warm weather in the winter months gave farmers hope for a great crop production this year, but a crippling U.S. drought now covers around 60% of the continental United States. The water shortage has killed crops,...
  • Greek Debt Crisis: Chronic Drug Shortage Risking Lives Of The Sick

    06/09/2012 11:35:13 AM PDT · by blam · 7 replies
    The Guardian (UK) ^ | 6-8-2012 | Lizzy Davies
    Greek Debt Crisis: Chronic Drug Shortage Risking Lives Of The SickPatients groups' warning comes as pharmaceutical companies become increasingly reluctant to deliver drugs on credit Lizzy Davies in Athens guardian.co.uk, Friday 8 June 2012 14.51 EDT Clutching a prescription and a ticket numbered 192, Aris stood on the pavement and waited his turn at the state pharmacy. When speaking of his daughter, whose multiple sclerosis medication he had come to collect, the 74-year-old was short on words and visibly moved. When asked about the drug shortages afflicting his country, his reserve melted away and in its place came rage. "I...
  • With Venezuelan Food Shortages, Some Blame [Chavez's] Price Controls [milk, chicken, toilet paper]

    05/02/2012 8:27:24 PM PDT · by grundle · 19 replies
    New York Times ^ | April 20, 2012 | WILLIAM NEUMAN
    a full hour and a half before the store would open, about two dozen people were already in line shortages of staples like milk, meat and toilet paper are a chronic part of life here The shortages affect both the poor and the well-off “I’m wasting my day here standing in line to buy one chicken and some rice.” Venezuela was long one of the most prosperous countries in the region, with sophisticated manufacturing, vibrant agriculture and strong businesses, making it hard for many residents to accept such widespread scarcities. many economists call it a classic case of a government...
  • Total Chaos In the UK As Gas Stations Run Dry; Efforts to Stop Panic Buying Have Led to…

    03/29/2012 5:40:02 PM PDT · by blam · 34 replies
    SHTF Plan ^ | 3-29-2012 | Mac Slavo
    Total Chaos In the UK As Gas Stations Run Dry; Efforts to Stop Panic Buying Have Led toÂ… More Panic Buying Mac Slavo March 29th, 2012 SHTFplan.com What was a fairly minor fuel shortage sparked when gas tanker drivers in the UK threatened to go on strike has developed into what UK officials are now calling all out chaos, as drivers across the country scramble to fill their tanks amid uncertainty about when transportation services will be up and running at full capacity again. In what may be a glimpse into the future of other industrialized Western nations that are...
  • Doomsday Preppers

    03/28/2012 1:26:55 PM PDT · by reformedcrat · 55 replies
    American Thinker ^ | 3-27-2012 | Tom Thurlow
    This just has to be a sign of the times. Record deficits and oil prices rising, and it could all get worse. So the National Geographic channel has begun airing a show named Doomsday Preppers, where viewers can watch end-of-the-world types prepare for doomsday. Read more: http://www.americanthinker.com/2012/03/doomsday_preppers_comments.html#disqus_thread#ixzz1qRem2g70
  • Nationwide drug shortage problem increasing

    03/10/2012 10:46:01 AM PST · by aimhigh · 18 replies
    WNEM.com ^ | 03/10/2012 | CNN/WCBS
    A nationwide drug shortage that's dogging the food and drug administration is hitting home with first responders. For emergency medical technicians, shortages can mean the difference between life and death. Nationwide, anti-seizure drugs including intravenous Valium, Versed, and Ativan are among the dozens of drugs - including cancer treatments - that are in short supply.
  • 2011 medication shortages set new record at 267

    01/04/2012 7:37:55 AM PST · by JoeGar · 9 replies
    Associated Press ^ | January 3, 2012 | Linda A. Johnson
    TRENTON, N.J. (AP) -- The number of new prescription drug shortages in 2011 shot up to 267, well above the prior record and about four times the number of medication shortages in the middle of the last decade....The FDA says the main reason for the shortages is manufacturing deficiencies leading to production shutdowns. Other reasons include companies ending production of some drugs with tiny profit margins, consolidation in the generic drug industry and limited supplies of some ingredients.
  • Just Say No To Concentration

    12/28/2011 1:40:25 AM PST · by Tolerance Sucks Rocks · 23 replies
    Advice Goddess Blog ^ | December 28, 2011 | Amy Alkon
    Yesterday, my entire afternoon got eaten by my panic over shortages of Adderall, the drug that changed my writing life from daily torture that I slogged through because I'm a hard worker to sometimes-hard work I love. Instead of writing, I wasted my time on the phone to a bunch of local pharmacies, and emailing my very good-natured doctor multiple times ("Can you prescribe in Mexico?"), and searching for Canadian pharmacies -- maybe one in Windsor where maybe I could get Gregg to pick me up 10 or 20 or maybe even 30 pills...in all the spare time he has....
  • Norway butter shortage threatens Christmas treats

    12/14/2011 12:47:57 PM PST · by bgill · 18 replies
    AFP ^ | Dec. 13, 2011 | Mychele Daniau
    An acute butter shortage in Norway, one of the world's richest countries, has left people worrying how to bake their Christmas goodies with store shelves emptied and prices through the roof. The shortfall, expected to last into January, amounts to between 500 and 1,000 tonnes, said Tine, Norway's main dairy company, while online sellers have offered 500-gramme packs for up to 350 euros ($465)... Last Friday, customs officers stopped a Russian at the Norwegian-Swedish border and seized 90 kilos (198 pounds) of butter stashed in his car.
  • Drugs For Critically Ill In Short Supply; Some Hospitals Consider Rationing

    05/19/2011 1:45:34 AM PDT · by The Magical Mischief Tour · 43 replies
    WSVM ^ | 05/19/2011 | WSVM
    NASHVILLE, Tenn. -- Michael O'Neal is a pharmacist. He purchases drugs for Vanderbilt University Medical Center. He often deals with drug shortages, but this one is bad. O'Neal is concerned about the availability of electrolytes. They are critical to a babies in neonatal intensive care and seriously ill adults. Electrolytes are administered to a critically ill patient for nutritional support intravenously. They are given to patients who cannot get their nutrition any other way. O'Neal said he's concerned that as supplies shrink, measures will have to be taken. "We are dangerously close, we believe, when we will have to ration...
  • An Rx for Shortages

    06/24/2011 4:40:12 PM PDT · by Nachum · 17 replies
    Nat. Review ^ | 6/24/11 | Editors
    The Food and Drug Administration is notoriously allergic to the concept of tradeoffs: FDA bureaucrats see eliminating risk as their highest goal, no matter what benefits might be destroyed in the process. This tendency has manifested itself most tragically in the current drug shortage. About 150 drugs considered “medically necessary,” including anesthetics and medications that treat lethal illnesses such as leukemia, are today in shortage. This problem has been growing since at least 2005, and there are several causes for it — but overly stringent FDA regulations are one reason it has reached such immense proportions. Since the “tainted drugs”...
  • Smithfield CEO: Higher Food Prices Are Here To Stay

    05/04/2011 6:47:32 PM PDT · by blam · 30 replies
    TWS ^ | Phoenix Capital Research
    Smithfield CEO: Higher Food Prices Are Here To Stay Phoenix Capital ResearchApril 4, 2011 Here’s a zinger of a news story that most commentators haven’t bothered to take note of… The CEO of Smithfield Farms, the largest pork producer in the US. Among other things he said: “Maybe to someone in the upper incomes it doesn’t matter what the price of a pound of bacon is, or what the price of a ham, or the price of a pound of pork chops is,” he says. “But for many of the customers we sell to, it really does matter.” Workers can...
  • Food Riots Coming To America

    03/02/2011 8:19:13 PM PST · by RonPaulPittsburgh · 87 replies
    UniteAndState ^ | March 1, 2011 | mayerabbey
    When the upswing in commodity prices eventually makes its way throughout the food system in mid-to-late 2011, food prices are sure to spike with levels potentially reaching those of 2008, announced U.S. Department of Agriculture (USDA) economist Ephraim Leibtag at the agency's annual Outlook Forum. And if conditions escalate rapidly, there is also the potential for food riots and other civil unrest. The USDA is predicting a 3.5 percent increase in food prices in 2011, which is about twice the overall inflation rate but less than the 2008 increase, according to a recent Reuters report. In 2008, food prices rose...
  • Bolivian President Morales flees food price protest [w/dynamite]

    02/13/2011 3:10:40 PM PST · by DeaconBenjamin · 30 replies · 1+ views
    BBC ^ | Saturday, 12 February 2011
    Bolivian President Evo Morales has abandoned a public event in the face of an angry protests over food shortages and price rises. Mr Morales was due to address a parade to commemorate a colonial-era uprising in the mining city of Oruro. But he and his team left the city to avoid a violent demonstration by miners throwing dynamite.There have also been protests in other Bolivian cities over the shortage of sugar and other basic foodstuffs.Mr Morales cut short his visit and returned to La Paz after protesters set off explosions close to where he was preparing to give a speech...
  • Global Food Crisis: 6.8 Billion Served…And Counting

    10/10/2010 11:32:42 AM PDT · by blam · 20 replies · 1+ views
    The Daily Reckoning ^ | 10-9-2010 | Joel Bowman
    Global Food Crisis: 6.8 Billion Served…And Counting By Joel Bowman 10/09/10 Buenos Aires, Argentina – Paper is out; stuff is in. That’s what the markets are telling us right now. The dollar, that esoteric, floating abstraction upon which the financial world erects its sandcastle economies, plumbed a new seasonal low this week, with the dollar index flirting dangerously with its support level of 77. “Stuff,” as measured by the CRB Commodity Index, meanwhile, soared to within reach of the psychological 300-point milestone. Indeed, everywhere we look, stuff is on the march. Gold opened to another record above $1,365 on Thursday,...
  • Gold Shortage Rumors Abound

    05/06/2010 6:02:51 PM PDT · by blam · 10 replies · 831+ views
    The Daily Reckoning ^ | 5-6-2010 | Addison Wiggin
    Gold Shortage Rumors Abound By Addison Wiggin 05/06/10 Baltimore, Maryland – “When you hear of wars and rumors of wars, don’t be alarmed!” reads the Gospel according to Mark. “These things must happen, but they don’t mean that the end has come.” We seldom cite the Bible, but the passage came to mind this morning as we reflected on an e-mail chain among several of our business partners and acquaintances. Only instead of “wars,” the word that came to mind was “fraud.” Fraud and rumors of fraud abound in the gold market. “I’ve heard these rumors for a while,” says...
  • Hugo's Socket Logic

    02/08/2010 5:41:43 PM PST · by Kaslin · 9 replies · 500+ views
    Investors.com ^ | February 8, 2010 | INVESTORS BUSINESS DAILY Staff
    Socialism: The lights are flickering in oil-rich Venezuela, a victim of the same shortages that appear wherever socialism is tried. With the grid verging on collapse, the final irony is to see Hugo Chavez calling Cuba to fix it. Most leaders serious about fixing a collapsing power grid call up companies like Bechtel or APR Energy because they're capable of swiftly setting up small power plants in emergencies, even in infrastructure wastelands such as Haiti. But that's not whom President Hugo Chavez called when he got word that Venezuela's electricity is in a state of collapse and may go black...
  • Jim Rogers: Brace Yourself For Food Shortages, Thanks To The Banks Hoarding Cash

    01/15/2010 9:21:42 AM PST · by FromLori · 71 replies · 3,189+ views
    The Business Insider ^ | 1/15/10 | Vincent Fernando
    Jim Rogers is sounding the alarm -- buy agricultural commodities ahead of the riots. The financial crisis has cut off investment in agriculture, with many farmers unable to get loans for fertilizer according to Mr. Rogers. Of course, this means agricultural commodities will make a killing: CNBC: "Sometimes in the next few years we're going to have very serious shortages of food everywhere in the world and prices are going to go through the roof." Cotton and coffee are good buys because they are very distressed, while sugar, despite the fact that it has gone up a lot, is still...
  • Showering With Hugo

    10/27/2009 6:49:13 PM PDT · by Kaslin · 13 replies · 663+ views
    Investors.com ^ | October 27, 2009 | INVESTORS BUSINESS DAILY Staff.
    Tyranny: In his latest absurdity, Venezuela's Hugo Chavez is dictating three-minute showers and no singing. Claiming it's to save water, his act is nothing but a "green" fig leaf to cover his socialist mismanagement. 'Some people sing in the shower, in the shower half an hour," Chavez ranted on his Sunday TV show "Alo Presidente." "No, kids. Three minutes is more than enough. I've counted, three minutes and I don't stink." His words echo those of environmental extremists, blaming shopping malls, El Nino, tourists and sabotage. But the water and electricity shortages are his own doing, and the scope of...
  • School Staffing Shortages Spread Swine Flu Scare across Ohio

    09/02/2009 6:47:58 AM PDT · by EBH · 7 replies · 628+ views
    Fox 8 News ^ | 08/31/2009
    CINCINNATI (AP) -- Schools in Ohio and Kentucky fall short of national standards for nurse staffing levels, raising concerns should either state see a swine flu outbreak... ...Kathy Inderbitzin, an executive board member for the Ohio Association of School Nurses, says nurses can handle a mass immunization effort if it is mandated. But she says there's still a critical shortage and the association is worried about how the flu will affect children.