Word: barrelers
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Tomorrow's soldiers will also be outfitted with the Army's new Buck Rogers-like supergun. The lower of its two barrels sprays more standard bullets, but the key to the new rifle--given the catchy Army name of "objective individual combat weapon"--is the 20-mm air-burst round fired by its top barrel. A built-in laser range finder tells the round where in flight to explode, giving it the ability to spray lethal shrapnel in all directions, like a hand grenade, as much as half a mile from the shooter. That translates into a gun that...
...behind me and pushed us down to the pavement. I couldn't breathe or see. I had to go to a house and spray a water hose in my face." Gustavo Moller, an NBC audio technician, suffered a gash above his left eye when an agent pressed the barrel of an automatic rifle into his face as he stood in the front door. "It was the ugliest thing I've ever seen," Moller says. "This is the most inhumane way to get at justice...
Perhaps. But what he has most conspicuously arranged in the past has been pork-barrel projects for his home region in western Japan, including an unnecessary $14 billion bullet-train route. Mori made it clear last week that he will continue the profligate spending of his predecessor, who during his brief, 20-month tenure doled out more than $300 billion for government projects, making him Japan's all-time biggest spendthrift. Don't count on Mori to close the spigot. Government spending "has a natural impact on the economy," he said last week. "Right now the economy is slowly recovering...
What this seems to be is a bit of stock market-style speculation, just as speculation drove the prices up before the OPEC decision. The prices are dipping prematurely in expectation of lower barrel prices, led by fierce competition among gasoline retailers to pull in customers by offering the lowest prices on the block. "If you want to be a price leader, you make the adjustment so people keep coming back," said TIME business editor William Saporito...
...forced to call in political chits to bring down the oil price shows a remarkable turnaround for an oil cartel that was all but written off two years ago, when it flailed helplessly trying to stop members from cheating on output targets as the price languished at $10 a barrel. "OPEC itself may have been surprised at the extent to which their members and associates have complied with production targets over the past year, because there had been so much cheating in the past," says Baumohl. "Non-OPEC producers would start to cheat to generate more revenue from...