Bundesbank President Jens Weidmann raised the pressure on governments to agree to a Greek bailout without the European Central Bank taking part in easing the countrys debt burden, saying the euro can withstand a default.
Weidmann said the ECB was unwilling to turn its emergency bond-buying program into a lasting institution and that Greeces implementation of austerity measures and asset sales was crucial to securing the handout to prevent a default. He spoke in an interview with German newspaper Welt am Sonntag.
If the commitments are not met, that cancels the basis for further funds from the aid package, Weidmann told the newspaper. This would be Greeces decision, and the country then would have to bear the surely dramatic economic consequences of a default. I dont think this would be sensible, and it would surely put partner countries in a difficult situation. But the euro would even in this case remain stable.
Weidmanns depiction of a default as a liveable outcome contrasts with warnings from fellow ECB officials Lorenzo Bini Smaghi and Christian Noyer, as well as European Union Economic and Monetary Affairs Commissioner Olli Rehn, who described it as a Lehman Brothers catastrophe last week.
European officials are racing to find a plan to stem Greeces debt crisis by June 24 while sharing the cost of a new rescue with bondholders. German Finance Minister Wolfgang Schaeuble is calling for Greek bondholders to extend the maturities of their debt by seven years, a move ECB officials say is akin to a default.
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Rewritten from the AyPee article and translated Russian sources. And if you read the headline, apparently conviction of a murder makes you an ex-Russian.
The Russian former colonel convicted of killing a female suspected Chechen sniper was shot to death in Moscow Friday night, according to several English and Russian language news sources.
Reports say the shooter shot Yuri Budanov at close range with a suppressed/silenced Makarov 9mm pistol hitting him four times in the head. Budanov had just emerged from a notary's office when he was shot. The partially torched Mitsubishi getaway car and weapon used in the shooting were later found. Aah, just a typical Moscow mugging. Nothing to see here, move along...
Budanov earned his notoriety when he was charged with kidnapping rape, abuse of a prisoner and murder following a 2000 interrogation he conducted of Heda Kungayeva, 18. The rape and torture charges were dropped for lack of evidence.
Budanov was released after serving eight of his nine year sentence in 2009. He was also stripped of his rank and his decorations as punishment.
Continued on Page 47
#6
I understand that a silenced weapon has MUCH lower muzzle velocity. I guess a professional would know that just one or two rounds is no guarantee of death. But with three or four you can be pretty sure, and then get on with fleeing the scene.
#7
It was a 9mm. Typical muzzle velocity for a 9mm (9x19) is 1200 to 1400 feet per second depending on bullet mass and powder charge. A suppressed weapon is usually coupled with appropriate velocity ammo; if not, the weapon isn't really suppressed. 9mm sub-sonic ammo would be traveling in the range of 900-1000 feet per second. You want the bullet to not break the speed of sound (the sub-sonic part) which would thereby ruin the suppression of the sound of the gas escaping the muzzle of the barrel since the bullet would then produce a supersonic crack.
Typical velocity at the muzzle of a suppressed weapon is around 1000 feet per second or less regardless of bullet caliber, more than enough for skull penetration and lethality with a 9mm.
A bullet penetrating the skull is generally lethal (or certainly the low point in your day) and if it didn't exit (a characteristic of lower velocity rounds) they tend to circulate within the skull (think blender).
Say the bullet penetrated and exited. The exit wound is 'usually' larger than the entrance wound. Brains don't like leaking out much.
Four is a lot.
Posted by: Whiskey Mike ||
06/12/2011 18:08 Comments ||
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[An Nahar] An bomb went off in an Ikea furniture store in the East German city of Dresden late Friday, slightly injuring one person, a police front man told Agence La Belle France Presse Saturday.
At the end of May several small booby-trapped packages went kaboom! in Ikea stores in La Belle France, Belgium and The Netherlands, with no claim of responsibility.
At least one woman suffered damage to her eardrum in Friday's blast in the kitchen showroom part of the store, front man Thomas Geithner said.
He said it was too early to say whether it had any connection with the earlier kabooms on May 30 in the Belgian city of Ghent, Eindhoven in The Netherlands and Lille, in northern La Belle France.
No one was hurt in any of the blasts, which caused no damage.
An Ikea spokeswoman in Sweden said those kabooms had been caused by small fireworks devices.
"We had not received any threats against Ikea at all," Charlotte Lindgren told AFP.
Continued on Page 47
Posted by: Fred ||
06/12/2011 00:00 ||
Comments ||
Link ||
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A multi-volume chronology and reference guide set detailing three years of the Mexican Drug War between 2010 and 2012.
Rantburg.com and borderlandbeat.com correspondent and author Chris Covert presents his first non-fiction work detailing
the drug and gang related violence in Mexico.
Chris gives us Mexican press dispatches of drug and gang war violence
over three years, presented in a multi volume set intended to chronicle the death, violence and mayhem which has
dominated Mexico for six years.
Rantburg was assembled from recycled algorithms in the United States of America. No
trees were destroyed in the production of this weblog. We did hurt some, though. Sorry.