This week Joerg busted out the deactivated M16A1 rifle (which he obviously has) and turned it into a slingshot. The launcher band mounts on the underside of the rifle barrel, and the weapon shoots two Cold Steel "Hide Out" neck knives aka really scary/sharp little suckers.
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The rumored
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Fed chief Bernanke spooks the markets with comments that Fed's bond-buying could slow later this year. Dow drops, housing and jobless claims rise ? this week in the economy.??
Federal Reserve Chairman Ben Bernanke speaks during a news conference in Washington Wednesday. Mixed signals from the Federal Reserve have rattled investors for weeks. When Mr. Bernanke tried to set the record straight ? suggesting the potential for shrinking the Fed's bond-buying program later this year if the economy continues to improve ? the Dow plunged 353 points.
Susan Walsh/AP/File
EnlargeNo taper ? yet: The Federal Reserve released its statement from the May Federal Open Market Committee Wednesday, and Fed chief Ben Bernanke indicated that the central bank wouldn?t change its monetary policy of buying up bonds to keep interest rates low. At least not yet.
Skip to next paragraph Schuyler VelascoStaff writer/editor
Schuyler Velasco is a writer and editor for the Monitor's business desk.? She writes about consumer issues, sports, and the occasional sandwich.
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But Mr. Bernanke did hint that tapering could be on the horizon. He said bond buying could begin to slow later this year, and, if the unemployment rate falls below 7 percent, end entirely by mid-2014. ?Interest rates, Bernanke said, will stay low until the unemployment rate falls below 6.5 percent.
?The?Fed?sent more tapering signals than we anticipated for this meeting,? Paul Edelstein, director of financial economics for IHS Global Insight, wrote in an e-mailed analysis. ?But we maintain that the?Fed?is too optimistic on unemployment, and continue to believe that it won?t taper until 2014. Of course, this view is predicated on progress in the labor market. If the unemployment rate declines enough over the summer, we would likely expect a tapering as early as September.?
Bernanke's comments sent Wall Street into a tailspin, sending the Dow tumbling 353 points for its worst one-day loss of the year.?
KUALA LUMPUR (Reuters) - Malaysia declared a state of emergency in two parts of the southern state of Johor on Sunday as smoke from land-clearing fires in Indonesia pushed air pollution above the level considered hazardous.
The illegal burning of forests and other land on Indonesia's Sumatra island, to the west of peninsular Malaysia and Singapore, to clear space for palm oil plantations is a chronic problem during the June-September dry season.
The "haze" caused by fires in Riau province on Sumatra has also shrouded neighboring Singapore but air quality in the city state improved over the weekend after reaching hazardous levels there.
"Prime Minister Najib Razak has agreed to declare emergency status in Muar and Ledang with immediate effect," Malaysian Natural Resources and Environment Minister G. Palanivel said in a Facebook post.
Palanivel said the air pollution index in the two districts had exceeded 750. A reading above 300 indicates that air pollution is hazardous.
Neither Palanivel nor the prime minister's office could be reached for comment.
A spokesman at the Johor state operations center told Reuters that it was awaiting orders from the National Security Council and that residents in the affected areas should stay indoors.
Indonesian officials have deflected blame by suggesting companies based in Malaysia and Singapore may be partly responsible. Malaysia-listed Sime Darby and Singapore's Wilmar Group both deny the charge.
(Reporting by Siva Sithraputhran; Editing by Nick Macfie)
Source: http://news.yahoo.com/malaysia-declares-emergency-indonesia-smoke-pollution-thickens-044717109.html
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QUITO (Reuters) - Ecuadorean Foreign Minister Ricardo Patino said on Sunday that former U.S. National Security Agency contractor Edward Snowden had asked Ecuador for asylum.
"The Government of Ecuador has received an asylum request from Edward J. #Snowden," Patino, who is on an official visit to Vietnam, said on Twitter.
Patino did not give additional details.
WikiLeaks spokesman Kristinn Hrafnsson confirmed that Snowden had requested asylum in Ecuador. The anti-secrecy website had earlier said it helped Snowden find "political asylum in a democratic country".
Ecuador has given political asylum to the founder of WikiLeaks, Julian Assange, who has spent more than a year holed up at Ecuador's embassy in London.
Ecuadorean President Rafael Correa has said Assange is right to fear he might be sent from Sweden, where he is accused of sexual assault, to the United States to face charges over WikiLeaks' publication in 2010 of secret U.S. cables.
(Reporting by Alexandra Valencia in Quito and Kevin Liffey in London; writing by Daniel Wallis; editing by Jackie Frank)
Source: http://news.yahoo.com/ecuador-says-received-asylum-request-snowden-164825938.html
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Hot -- "King Mo" Lawal: What's the best way to respond to a knockout loss? Returning with a knockout win. Lawal did that on Wednesday and took out Seth Petruzelli with one punch. Lawal moved on in the Bellator tournament, while Petruzelli decided to retire.
Not -- Bellator ratings: Lawal delivered the memorable knockout, but not that many people watched it live. The ratings from Wednesday's fights were nearly half that of the last Bellator fight, and they got worse for "Fight Master," Bellator's new reality show.
Hot -- "The Korean Zombie:" Chan Sung Jung mentioned last week that Anthony Pettis had cut in line for a shot at the UFC featherweight belt. Pettis suffered a training injury, so now Jung doesn't have to wait for a title shot any more. He's fighting Jose Aldo at UFC 163 in Pettis' place.
Not -- Anthony Pettis: When he suffered the knee injury, Pettis hoped that it wouldn't take too long to heal, and maybe he could slide into UFC 164 and the already-scheduled fight between T.J. Grant and lightweight champion Benson Henderson. Unfortunately, the knee injury will take longer to heal than he had hoped, and he won't be fighting on either pay-per-view card in August.
Not -- New York: The state with the largest city is also the last state to consider professional MMA fighting illegal. MMA's status in New York took a blow this week as the bill to make MMA legal and regulated never made it to a vote.
Still taking temperature -- Invicta FC: After previously showing their fights just through online streaming, the all-women's promotion is making the jump to television pay-per-views. Fans will have the chance to purchase the July 13 event, headlined by Marloes Coenen vs. Cristiane "Cyborg" Santos, via iNDemand, Dish and Avail-TVN for $14.95. Will it work?
As always, thank you for reading Cagewriter. We appreciate each and every one of you. For more Cagewriting fun, check us out on Facebook and Twitter.
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