Archive for the ‘World’ Category

5 Things You Didn’t Know About Arms Dealers

Wednesday, March 4th, 2009

Within your circle of friends and acquaintances, you probably know some doctors, some lawyers, some artists, and maybe even an actor or a professional athlete. But chances are you don’t know any international arms dealers. What the arms dealer does is pretty straightforward: He sells arms. But there are obviously plenty of aspects of this profession that remain hidden to most. Here are five of them.

1- Dealing arms isn’t illegal
Believe it or not, dealing in private arms is a perfectly legal profession in most countries. In fact, few countries have any laws at all that forbid brokering an illegal arms deal. Remember; the broker is usually nothing more than a middleman with a phone, a computer and a bank account. When arms dealers do find themselves in trouble, it is often when they run afoul of international law by engaging in high-profit, illegal transactions. In these instances, it is not specific arms-dealing laws that are being broken, but rather import and export laws, or U.N. sanctions that are being circumvented.
(more…)

U.S. Army to Train With Safer Ammo

Wednesday, March 4th, 2009

Just because some ammunition is made for practice doesn’t mean it’s not dangerous. For decades, soldiers in training have fired explosives like the M918 40 mm shell, which is less powerful than battlefield munitions, but still explodes to simulate the “bang” of a real round. However, a few of those old-style munitions—about 3 to 8 percent of current shells according to the Department of Defense—are duds that get stuck in the ground without exploding, creating a cleanup nightmare for the military. The Wall Street Journal reports that the bill to clean up all 10 million acres on 1,400 different sites containing unexploded shells could cost about $20 billion. To skirt such pricey clean-ups, the military is turning to a new idea: Green training ammunition.
(more…)

Car Thief Nabbed After Calling 911 To Brag

Monday, March 2nd, 2009

A Duluth man is behind bars after allegedly stealing a car and repeatedly calling 911 to brag to police that they would not catch him.

Police say the 23-year-old man stole gas from a gas station late Friday, then fled in a car he allegedly stole earlier in the night.

A police officer spotted the stolen car about 2 a.m. Friday and chased the man, who crashed into a guardrail but then turned off his lights and sped away. Police soon found the car abandoned.

Shortly after that, the man allegedly began calling 911 from a cell phone and telling dispatchers he would not be caught because he was “smarter than the police.”

But about two hours later, a man called 911 to report a prowler at his home.
(more…)

Worst job losses in 60 years expected

Monday, March 2nd, 2009

WASHINGTON (MarketWatch) — The recession tightened its grip on U.S. businesses and consumers in February, according to economists, who are predicting the largest one-month job loss in almost 60 years.
“Pink slips continue to fly,” said Meny Grauman, an economist for CIBC World Markets.
With output still falling at a dizzying rate, most companies are shedding unneeded workers and cutting back the hours of those remaining. Strapped by debt and seeing their paper wealth evaporating, many consumers are spending as little as they can.
“The economic patient is still in critical condition, with little medication to relieve the pain,” wrote economists Brian Bethune and Nigel Gault of IHS Global Insight. “We will have to bite the bullet.”
The first week of the new month brings two of the most important economic indicators: the ISM index and the nonfarm payrolls report. Both are expected to be very grim news.
Little joy in manufacturing data
First, on Monday, the Institute for Supply Management reports back from purchasing managers at manufacturing firms across the nation.
Although few people outside of the financial markets or the economics profession know what it is, the ISM is probably the best single leading indicator marking the end of a recession. The ISM is a diffusion index that measures the breadth of economic distress or success across firms. It asks key executives to judge whether business is getting better or worse.
Once the ISM — and especially the new-orders component — turns up decisively, the expansion is typically one to four months away, although in some cases it has turned up as much as a year before the end of a recession.
(more…)

Rule by fear or rule by law?

Sunday, March 1st, 2009

“The power of the Executive to cast a man into prison without formulating any charge known to the law, and particularly to deny him the judgment of his peers, is in the highest degree odious and is the foundation of all totalitarian government whether Nazi or Communist.”
- Winston Churchill, Nov. 21, 1943

Since 9/11, and seemingly without the notice of most Americans, the federal government has assumed the authority to institute martial law, arrest a wide swath of dissidents (citizen and noncitizen alike), and detain people without legal or constitutional recourse in the event of “an emergency influx of immigrants in the U.S., or to support the rapid development of new programs.”

Beginning in 1999, the government has entered into a series of single-bid contracts with Halliburton subsidiary Kellogg, Brown and Root (KBR) to build detention camps at undisclosed locations within the United States. The government has also contracted with several companies to build thousands of railcars, some reportedly equipped with shackles, ostensibly to transport detainees.

According to diplomat and author Peter Dale Scott, the KBR contract is part of a Homeland Security plan titled ENDGAME, which sets as its goal the removal of “all removable aliens” and “potential terrorists.”
(more…)

$25 Billion to Promote Electric Cars Is Untouched

Saturday, February 28th, 2009

The future of the American auto industry is getting off to a slow start.
The Energy Department has $25 billion to make loans to hasten the arrival of the next generation of automotive technology — electric-powered cars. But no money has been allocated so far, even though the Advanced Technology Vehicles Manufacturing Loan program, established in 2007, has received applications from 75 companies, including start-ups as well as the three Detroit automakers.

With General Motors and Chrysler making repeat visits to Washington to ask for bailout money to stave off insolvency, some members of Congress are starting to ask why the Energy Department money is not flowing yet. The loans also are intended to help fulfill President Obama’s campaign promise of putting one million electric cars on American roads by 2015.
(more…)

Rare Superman comic for sale

Friday, February 27th, 2009

090226-action1-vmed-12pwidecNEW YORK - A rare copy of the Action comic book that launched Superman as the first superhero is coming up for auction.

Comic book expert Stephen Fishler says bidding for the comic book begins at $1 and is sure to go up, up and away. It originally cost 10 cents in 1938.

He says copies of Action Comics No. 1 in “fine” condition are worth about $126,000, but this one could sell for several times that. About 100 copies of the No. 1 edition are known to exist.
(more…)

Tank creator from village

Saturday, February 21st, 2009

021jpg
Veaceslav Verevochkin spent more than 30 years serving in the armored forces, now creating full-existing models of armored vehicles. His workshop is located in the courtyard of a village house. As a material for his models he used the metal and parts from decommissioned tractors and harvesters. Some parts the master got at the local landfill. All equipment is manufactured in strict accordance with industrial drawings, to move, and even shooting wooden bullets. Vyacheslav Verevochkinym recreated T-60, T-26, MC-1, Japanese Tank «Those Cayes», a light German tank T-2C (Pz.Kpfw IIC), two cannons, mortar and two armored cars.
(more…)

10 Worst Post-Oscar Career Choices

Saturday, February 21st, 2009

1. Halle Berry

Oscar: Best Performance by an Actress in a Leading Role in 2002 for Monster’s Ball.
Terrible Post-Oscar Career Choices: Gothika (2003), Catwoman (2004)
What Went Wrong: Only three years after collecting an Oscar, Halle Berry did win another award: A Razzie for Worst Actress of the Year for Catwoman.
2. Roberto Benigni

Oscar: Best Performance by an Actor in a Leading Role in 1999 for Life is Beautiful (1997).
Terrible Post-Oscar Career Choice: Pinocchio (2002)
What Went Wrong: According to Benigni, Pinocchio was made at the suggestion of Italian auteur Federico Fellini, but the star’s hopes of crossing over to American shores went down with the whale.
(more…)

Top 5 Potential Oscar Night Surprises

Saturday, February 21st, 2009

So many of the predicted Oscar winners feel like sure things, that a kind of malaise has settled into the season. Kate Winslet fans would have been thrilled a year ago to hear that she’s the likely Best Actress winner, but now we’re all dying to hear any other name mentioned. And everyone feels that Heath Ledger deserves his Supporting Actor statue, but wouldn’t you be secretly thrilled to see Robert Downey Jr. stroll up there?

Luckily for us, and our likelihood of staying awake through the ceremony, there’s still some potential for surprise in some key categories. Below are the five most likely, and who the spoilers may wind up being. But oh, Heath’s trophy is still locked down. These predictions may be a little bold, but they’re not crazy.

(more…)