TEVA returning to its roots

I lost a fortune because of TEVA's collapse. This was the only global Israeli company and it went broke because its "poison pill" strategy of assuming  debt to avoid being bought by Mylar, and lately for fines following its distribution of legal opioid drugs in America.

Desperate, the company decided to return to its roots in Israel and absorb local pharm startups. If it succeeds, TEVA's distribution power may cause a revolution in the local biotech startup scene.

I am looking again at Protalix, a local struggling firm. I know a chemical engineer who lost his savings investing in this startup and moved to the medical cannabis area. Protalix announced the exchange of $54.1 million principal amount of the Company’s outstanding 4.50% Senior Convertible Notes due 2018 for $40.2 million principal amount of newly issued 7.50% Senior Secured Convertible Notes due 2021 plus shares. It seems to me a bad omen  to recycle 4.5% with 7.5% which is usurious. I know nothing of other firms, only that six seven years ago I lost some money on them. May be this time. 

Dont give Iran nuclear weapons

An Ukrainian Boeing carrying 176 persons was hit by the Iranian antiair defense. In war, accidents happen, no special evil intention needs to be attached. 

It shows that the world is much safer with Iran having no nuclear weapons.

Japan's Take on Soleimani Liquidation

Japan sees Iran through North Korea:

With the order to kill a top Iranian general last week, U.S. President Donald Trump may have rekindled Kim Jong Un’s worst fears while simultaneously cementing the North Korean leader’s belief that relinquishing his nuclear arsenal would be tantamount to suicide.

Japan is a very productive country where half of the government budget goes to geriatric care so people live to 110. Yet their financial statement is in the black. The private sector has enormous savings and few investment ideas. Some say that Japan is not in decline, it is in a cyclical downturn that will reverse itself. It could be. 

Increasing Political and Ethnic Stress in Israel

The Chief Rabbi of the Oriental Communities Itzhak Joseph has just said in public what most Oriental Jews (Mizrahim, or Sepharadim) murmur among themselves:  the Russian immigrants are not Jewish by descend or religion, in fact, they hate religion. The pic needs explanation: the strange hat and dress is the uniform of a religious officer of the Turkish Empire. The Turks recognized several religions - Jewish, Aramean, Greek Orthodox, etc. and gave to the head of each an honorific title, a dress and a salary. Under the Turks there was no sizeable Ashkenazi community in Jerusalem, so the Chief Sepharadi Rabbi was the head of the Jews. Being so, the Chief Sepharadi calls himself "The First in Zion" and wears the honorary Turkish dress of his official position. The Sultanate was dissolved a hundred years ago and the  uniform it used to grant to religious dignitaries lost all meaning, except for the Sepharadi Chief Rabbi who insists in being called "The First".
                                                                                          He accused the Socialist government of thirty years ago of allowing a large Russian immigration in order to increase its electorate - and to undermine the political power of the religious block. Already Israelis of Russian origin are feeling the hostility and naturally, tend to vote against Shas, the party of the non-European Jews. I would remind him that his father (yes, the post is hereditary), Ovadia (originally Abdallah) Joseph had declared the Ethiopian Falasha as true descendants of the tribe of Dan, a complete fantasy, and caused the Mossad to organize their immigration. To increase the number of "Sepharadim" in Israel. Ironically, Sepharadim means Spanish Jews which the Africans certainly are not. 

I hate this ugly business. 

Trump did what? ... was it an Arab or what?

Latin American papers did not notice that President Trump took a brave decision and attacked Iran and in this instant, millions are crying in the streets of Tehran and demanding vengeance. The Middle East is very far and killings there are no news. Clarin today does not even mention it. The papers report more interesting happenings.

For example, President Maduro of Venezuela surrounded the Parliament in Caracas, and its members could not enter the building and hold session. In the pic, the leader of the opposition tries to force his way in. In practice, this counts as a silent, undeclared self-Coup-d'Etat. Argentina is excited by the possibilities offered by this new, inventive political device.  

Yazidis in the White House

The Iranian paper "Tehran Times" publishes the Leader's reaction to the American ajusticiamiento of Suleimani, who - so he says - was not a person. 

"The American terrorists, who have the blood of millions of people in the world on their hands, assassinated General Soleimani, in the hope of getting rid of their nightmares. They should know that Soleimani was not a person, a culture based on resistance, defending oppressed, and roughly confronting international terrorism.

The culture has originated from the uprising of Imam Hussain (A.S.) on the day of Ashura.  As the nightmares of villainous Yazid did not end by shedding Imam Hussain’s blood and his caliphate was not stabilized, the Yazidis’ nightmare in the White House will not end and will speed up their collapse." 

The Ayatollah does not see the American action as such but as part of an inter-Mohammedan struggle. In the pic. we see Yazid, his evil nature demonstrated by his love of dogs, an impure animal, and his friendship with djinns, those powerful spirits. He identifies President Trump with the villainous Yazid, who was a Beduoin tribesman involved in the succession dispute of the Prophet. It appears that the Iranian leadership is - mentally - stuck in the Seventh Century. 

The Ayatollahs are Trembling

Leader vows harsh revenge for US assassination of Gen. Soleimani

I copy-pasted the main item of the official Iran Daily web paper. The Leader in question is so afraid that the paper does not dare to mention him by name. Good job, President Trump!