Saturday, December 17, 2011

Panetta becomes first defense chief to visit Libya (AP)

TRIPOLI, Libya ? U.S. Defense Secretary Leon Panetta arrived in Tripoli Saturday, taking advantage of the ouster of Moammar Gadhafi in an eight-month civil war to become the first Pentagon chief to set foot on Libyan soil.

But Panetta has indicated that the U.S. will give more time to the Libyans to gain control of the militias that overthrew Gadhafi before determining how to help the fledgling government.

At a news conference with Libyan Prime Minister Abd al-Raheem al-Keeb, Panetta said that he was confident that the new Libyan government is reaching out to all of the disparate groups and would bring them together so they will be part of "one Libya." Panetta, who was joined by Gen. Carter Ham, commander of U.S. Africa Command, said the United States would provide whatever assistance the Libyans needed.

The Libyan prime minister told reporters that he was optimistic that they will be able to deal with the militias.

Panetta's route into the city on Saturday took him past lush orange groves, carcasses of bombed buildings and the charred and graffiti-covered compound once occupied by Gadhafi. Flying from rooftops were the green, black and red flags, adorned with a star and a crescent, belonging to the new government. Amid the Arabic graffiti splashed across the walls of the compound was a short comment in English: "Thanx US/UK."

Panetta also made an emotional visit to what historians believe is the gravesite of 13 U.S. sailors killed in 1804. Those deaths were caused by the explosion of the U.S.S Intrepid, which was destroyed while slipping into the Tripoli harbor to attack pirate ships that had captured an American frigate.

Panetta walked into the small walled cemetery with more than two dozen gravestones, and over a corner where five large but simple white gravestones mark the graves of the American sailors. The stones read "Here lies an American sailor who gave his life in the explosion of the United States Ship Intrepid in Tripoli Harbour, Sept. 4, 1804."

Panetta placed a wreath at the site, and then observed a moment of silence. He also left behind a memento of his visit on top of one of the stones, a Secretary of Defense souvenir coin.

While eager to encourage a new democracy that emerged from Libya's Arab Spring revolution, the U.S. is wary of appearing as trying to exert too much influence after an eight-month civil war. At the same time, however, leaders in the U.S. and elsewhere worry about how well the newly formed National Transitional Council can resolve clashes between militia groups in the North African nation.

Ahead of Panetta's visit, the Obama administration announced it had lifted sanctions the U.S. imposed on Libya in February to choke off the Gadhafi regime's funds while it was violent suppressing peaceful protests. The U.S. at the time blocked some $37 billion in Libyan assets, and a White House statement said Friday's action "unfreezes all government and central bank funds within U.S. jurisdiction, with limited exceptions."

Recovery of the assets "will allow the Libyan government to access most of its worldwide holdings and will help the new government oversee the country's transition and reconstruction in a responsible manner," the White House said.

But the continuing violence in Libya, including recent skirmishes between revolutionary fighters and national army troops near Tripoli's airport, reflects the difficulties that Libya's leaders face as they try to forge an army, integrating some of the militias and disarming the rest.

Officials acknowledge that process could take months, and that they can't force the militias to go along.

Panetta told reporters Friday that his visit to the Libyan capital will give him a better sense of the situation and allow him to pay tribute to the people for bringing down Gadhafi and trying to establish a democratic government.

"It seems to me they are working through some very difficult issues to try to bring that country together," said Panetta. "It's not going to be easy. This is not a country that has a tradition of democratic institutions and representative government. This is going to take some work "

But he said he has seen indications that the Libyans are making progress.

"I think that any country like Libya that was able to do what they did and show the courage that they did in making the changes that took place there ? I'm confident that ultimately they're going to be able to succeed in putting a democracy together," he said.

Panetta said the U.S. is prepared to provide Libya any assistance it needs.

By traveling to Libya, however, Panetta was highlighting the different approaches that the U.S. and other countries are taking with respect to rebellions against tyrannical leaders.

The U.S. and NATO provided months of military power and assistance to the Libyan rebels, but officials have made it clear they do not intend to do the same in Syria despite the furor over President Bashar Assad's crackdown on pro-reform demonstrators.

Panetta, who met with Turkish officials Friday, said they did not discuss any specific steps to increase pressure on Assad to step down.

But they talked about the need to work together with other nations to "get Assad to do the right thing."

At some point, he said, he believes that the type of uprisings that happened in Libya and elsewhere across the Middle East will take place in Syria.

Source: http://us.rd.yahoo.com/dailynews/rss/world/*http%3A//news.yahoo.com/s/ap/20111217/ap_on_re_mi_ea/ml_us_libya

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Swedish House Mafia Set To Take Over Madison Square Garden

'It's one of those moments you're never going to forget as long as you live,' Steve Angello says about MSG one-night stand.
By Adam Stewart, with additional reporting by Akshay Bhansali


Axwell and Steve Angello of Swedish House Mafia
Photo: MTV News

The boys are back in town — and this time they've gone big. In fact, it doesn't get much bigger. Just two years shy of the anniversary of their New York City debut at M2 nightclub, Swedish House Mafia is revved up and ready to rock Madison Square Garden on Friday (December 16) with their high-energy, heart-pounding sight-and-sound spectacular. Group members Steve Angello and Axwell took time out of their jam-packed schedule on Thursday to sit down with MTV News and share their excitement for the night that the dance music world can't stop talking about.

"It's just pretty unbelievable," Axwell gushed. "We were obviously scared when we decided to do it because it's such a big place, it's such an expensive place to rent and it's hard to fill. But so many people bought tickets and it sold out in 10 minutes, and just, Wow! you know? It's really amazing that we have that sort of appreciation this side of the Atlantic."

"[Madison Square Garden] is great. It's a beautiful place," said Angello. "Since we were kids, we've always seen the hockey and basketball [games]. It's one of those places — it's the Garden. It's everyone in basketball's favorite place to play, and it's just magic — it's New York!"

Their presence at one of the world's most iconic venues is certainly reflective of the exploding EDM scene here in the States as well as one of the world's most important music cities. The Swedes have been an integral factor in cultivating the sonic palette of cool culture in America. "New York is one of those places where you're always shocked when you leave a show here because of the energy and the crowd," Angello said. "I know how I'm going to feel tomorrow after the show. It's one of those moments you're never going to forget as long as you live — one of those key moments in your career"

This moment has been so massive in the Big Apple that the trio decided to add a second show, in what's being dubbed an afterparty, just up the street at the Roseland Ballroom. All of the action is paired with the highly anticipated digital release of their latest single, "Antidote," a collaboration brought forth by Rob Swire and Gareth McGrillen of Pendulum, under their dubstep-infused production moniker, Knife Party.

"Steve was in the tour in Australia, [he] met up with Knife Party and started out with the idea there," Axwell said. "[But] we wanted the track to have some sort of identity, we wanted to have the instrumental and all, but it would be nice with some identity, [so] we started working with a guy named Klas Åhlund, a great writer, and he wrote the little top line hook that you hear."

"But you know, it's a collaboration," Angello went on to say. "I've read some comments that are like, 'It's not the typical Swedish House Mafia sound,' but at the same time it is! We've done what, three or four records? I think we should keep it like that — it's more fun. We have to enjoy coming together and working and doing something that sounds different from what we do solo — so I think that's what Swedish House Mafia is."

Planning on being one of the thousands who share the Swedish House Mafia experience in person or tuning in live to watch on Swedishhousemafia.com? Let us know in the comments below! You can pick up "Antidote" on iTunes or Beatport along the way!

Related Artists

Source: http://www.mtv.com/news/articles/1676140/swedish-house-mafia-msg.jhtml

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Saturday, December 3, 2011

Mexico's ex-ruling party leader quits amid scandal (AP)

MEXICO CITY ? The president of Mexico's former ruling party resigned Friday amid a financial scandal that had begun to weigh on the party's hopes to regain the presidency in 2012.

Humberto Moreira, who headed the Institutional Revolutionary Party, or PRI, said he is leaving the post because he doesn't want to hurt the party.

"I've resigned because I'm not going to allow a media war that is trying to harm our party to continue," Moreira said told party members. "I also do it because I believe in a man who is the hope for Mexico, Enrique Pena Nieto."

Pena Nieto, the PRI's presidential candidate, has recently begun publicly distancing himself from the party leader.

Moreira fought to remain in office despite a growing scandal over the revelation he left a 34 billion peso ($2.8 billion) debt in the state of Coahuila when he resigned as governor to take over the PRI.

A close former aide to Moreira also is under investigation for amassing unexplained wealth, buying property in the U.S. and becoming CEO of two firms and a shareholder in Mexican radio stations on a modest state salary.

Moreira, 45, has called the claims a smear campaign against the PRI as it is poised to regain the presidency it lost in 2000 after 71 years of rule.

But Pena Nieto and other party leaders have tried to show the party is now more democratic and transparent, most notably in its open process of choosing candidates, who in the past were simply appointed before by their predecessors.

Cristina Sanchez, who was the PRI's general secretary, replaced Moreira.

Source: http://us.rd.yahoo.com/dailynews/rss/latam/*http%3A//news.yahoo.com/s/ap/20111202/ap_on_re_la_am_ca/lt_mexico_political_scandal

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5-pound hunk of metal crashes into Mass. warehouse

This Thursday, Dec. 1, 2011 still image from video provided by NECN, New England Cable News, shows a chunk of metal that plunged through the roof of Michael's Furniture Warehouse in Plymouth, Mass. Federal Aviation Administration inspectors said the piece of metal was not an airplane part, but likely came from a piece of heavy machinery. (AP Photo/Courtesy of NECN) MANDATORY CREDIT

This Thursday, Dec. 1, 2011 still image from video provided by NECN, New England Cable News, shows a chunk of metal that plunged through the roof of Michael's Furniture Warehouse in Plymouth, Mass. Federal Aviation Administration inspectors said the piece of metal was not an airplane part, but likely came from a piece of heavy machinery. (AP Photo/Courtesy of NECN) MANDATORY CREDIT

(AP) ? The owners of a furniture warehouse in Plymouth, Mass., want to know the origin of a chunk of metal that plunged through the roof.

No one was hurt when the 6-inch, cylindrical piece of metal weighing about 5 pounds came through the roof Wednesday or Thursday. The chunk punched a small hole in the roof over a closet and scattered ceiling-tile debris.

Federal Aviation Administration inspectors say the piece of metal was broken at both ends and was not an airplane part.

An FAA spokeswoman says the chunk likely came from a piece of heavy machinery, possibly a wood chipper. That still doesn't explain how it came crashing through the roof.

Police are also stumped.

The owner of Michael's Furniture Warehouse says someone could have been killed.

Associated Press

Source: http://hosted2.ap.org/APDEFAULT/aa9398e6757a46fa93ed5dea7bd3729e/Article_2011-12-02-Mystery%20Chunk/id-241fbf19d57f46bda5b965c780de7564

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Friday, December 2, 2011

Pfizer maneuvers to protect Lipitor from generics (AP)

TRENTON, N.J. ? Lipitor is so valuable that its maker, Pfizer Inc., is practically paying people to keep taking the blockbuster cholesterol medicine after generic competition hits the U.S. market this week.

Pfizer has devised discounts and incentives for patients, insurers and companies that process prescriptions that will, at least for the next six months, make the brand name drug about as cheap as or cheaper than the generics. Pfizer also has spent tens of millions of dollars this year on marketing to keep patients on Lipitor, which loses patent protection Wednesday.

Normally when a drug's patent ends, generic rivals grab nearly all its market share in a year or less, and the original maker quietly shifts focus to its newer products.

Pfizer, the world's biggest drugmaker, is not giving up that easy on the best-selling drug in history. Lipitor had peak sales of about $13 billion and still brings in nearly $11 billion a year, about a sixth of Pfizer's revenue. With no new blockbusters to fill that hole, the company is making an unprecedented push to hang onto Lipitor revenue as long as possible.

Patients seem to buy into the logic.

"If I can get the name brand at the same price or for pennies more than the generic, I have no motivation to switch," said Richard Shiekman, 59, who has been taking Lipitor for six years and credits the drug with sharply cutting his bad cholesterol. Shiekman, a wine and spirits importer from Redding, Conn., got a $4 copay card two weeks ago after his pharmacy sent an offer guaranteeing that price through December 2012.

Pfizer's strategy is cunning and could become the new norm, as most other drugmakers also face generic competition to top-selling medicines and haven't been coming up with replacements.

"People getting a month of lifesaving medicine for the price of a cup of Starbucks is ... pretty impressive," said Michael Kleinrock, a research director at data firm IMS Health.

Pfizer's effort includes:

_Offering insured patients a discount card to get Lipitor for $4 a month, far below the $25 average copayment for a preferred brand-name drug and below the $10 average copay for a generic drug. Pfizer is promoting this heavily through ads, information distributed at doctors' offices and its http://www.LipitorForYou.com site. Pfizer, based in New York, said Tuesday that sign-ups have exceeded its goals.

_Paying pharmacies to mail Lipitor patients offers for the $4 copay card and to counsel patients that Lipitor lowers bad cholesterol more than rival drugs and helps prevent heart attacks and strokes.

_Keeping U.S. marketing spending nearly level until the last minute, versus the typical two-thirds drop in a drug's final year under patent. From July through September, Pfizer spent almost $90 million on doctor sales calls and free samples, about the same as a year earlier, according to Cegedim Strategic Data. Ads targeting patients fell about 60 percent to $19 million. All that will soon taper off.

? Negotiating unusual deals with some insurance plans and prescription benefit managers, the companies that process prescription claims for insurers or employers, to block pharmacists from dispensing generic Lipitor. Pfizer is giving them rebates that bring their cost for Lipitor down to the price of a generic or slightly less ? if they agree to dispense only Lipitor for the six months before additional generic competition slashes prices. The move has generated some controversy and means many of the 3 million Americans taking Lipitor won't be able switch to the generic.

Under those contracts, patients will pay either their plan's standard generic copayment or just $4 ? the lowest copayment pharmacies at supermarkets and discounters such as Wal-Mart offer for the most widely used generic drugs.

While generic medicines work the same as brand drugs for nearly everyone, some patients prefer the brand.

"We want to make sure that patients who are currently taking Lipitor and want to continue ... have the opportunity to do so," said David Simmons, who heads Pfizer's Established Products business. He said research shows more than a third of patients want to stay on Lipitor.

Pfizer also is continuing assistance programs that subsidize uninsured patients wanting Lipitor, which costs about $115 to $160 a month, depending on dosage. Generic Lipitor, called atorvastatin, should cost 30 percent to 50 percent less.

People without insurance also can order the generic, with a prescription, through websites such as HealthWarehouse.com.

Patients could save even more by taking other generic drugs in the same class that have been on sale for several years: pravastatin (Pravachol) and simvastatin (Zocor). But they're not as potent as Lipitor, the key reason its sales have held up.

Typically, brand-name drugs get one or two generic competitors initially, priced about 25 percent lower. Six months later, other generic companies are allowed to jump in and the price drops up to 80 percent.

About 90 percent of the branded drug's sales ultimately vanish, as insured patients seeking a lower copayment switch over and most pharmacies automatically substitute a generic for a brand name.

Sanford Bernstein analyst Dr. Tim Anderson estimates that for a 90-day supply of Lipitor, even after paying rebates to insurers and patients, Pfizer can make a profit of roughly $100, compared with about $225 before generic competition. That's partly because administrative and advertising costs will decline, and it barely costs a dime to make a pill.

Anderson expects Pfizer's strategy to boost its earnings per share about 2 percent next year.

Meanwhile, Watson Pharmaceuticals Inc. looks to be the biggest loser in this. It has a deal to distribute an "authorized generic" version manufactured by Pfizer but sold under Watson's brand, with Pfizer keeping an estimated 70 percent of the price.

Watson CEO Paul Bisaro said he had thought Pfizer would retain about 25 percent of Lipitor users for the next six months, but now "it looks like it will be 40 to 45 percent."

Bisaro said that could reduce his company's anticipated profit next year.

"This is sort of the new generation of brand protection," he added.

India's Ranbaxy Laboratories is the only company besides Watson with the right to sell generic Lipitor in the U.S. for the next six months. But Ranbaxy has had repeated manufacturing quality problems, and it's unclear whether it will have the Food and Drug Administration's approval to ship its version come Nov. 30.

Ranbaxy said it would not reveal what will happen until then. The FDA, as is its custom, declined to comment. But Pfizer executives say they expect Ranbaxy to have a generic on the market.

An independent pharmacists group called Pharmacists United for Truth and Transparency has raised alarms that the rebate deals will stick plan sponsors ? employers, unions and taxpayers ? with higher costs than for generics.

But spokespeople for a few prescription benefit managers that have received Pfizer's offer say it would cost insurance plans and patients the same as, or slightly less than, for generic Lipitor.

"Next year we're going to save clients and members over $1 billion just on this drug," said Tim Wentworth, head of employer and key client accounts for Medco Health Solutions Inc., one of the biggest pharmacy benefits managers.

Source: http://us.rd.yahoo.com/dailynews/rss/health/*http%3A//news.yahoo.com/s/ap/20111129/ap_on_he_me/us_lipitor_generics

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