Update: North Korea warning to US and South Korea

By GottaLaff

Those breaking news Tweets come in handy. Now we have the full story:

North Korea has warned that any attempt to shoot down a satellite it says it plans to launch will result in war.

The warning came as the US and South Korea began an annual joint military exercise expected to last 12 days.

North Korea has long described such exercises as provocative but tensions between the two Koreas are now high.

The South and the US believe Pyongyang could be preparing to test-fire a long-range missile under the guise of a satellite launch.

On Friday, the North said that the risk of conflict meant it could no longer guarantee the safety of commercial flights through airspace it controls off the east coast. [...]

In a statement published by the official Korean Central News Agency on Monday, the Korean People's Army warned that it was ready to use force against the South, the US and Japan.

“ Shooting our satellite for peaceful purposes will precisely mean a war ”
North Norean army statement

"We will retaliate any act of intercepting our satellite for peaceful purposes with prompt counter strikes by the most powerful military means," it said.

"Shooting our satellite for peaceful purposes will precisely mean a war."

The army earlier issued a separate statement saying all military personnel had been ordered "to be fully combat ready" in order to defend the nation. [...]

The army added that it would cut off North-South military communications during the exercise period.

The 12-day military exercise involves about 50,000 US and South Korean troops, in what the two allies say is a rehearsal for the defence of the peninsula, the BBC's John Sudworth in Seoul says.

But North Korea is always rankled by the annual drill, our correspondent says, claiming that it is a dry run for an invasion and dangerously provocative.

Some observers in South Korea, though, believe the North may be using the exercise as a pretext to clear the skies, our correspondent adds.

Turkish shoemaker of "Bye-Bye Bush Shoe" gets 300,000 orders

By GottaLaff

Bush. Shoe. Mike Meyers. 16 seconds.

Flying sole-lo:

The shoe hurled at President George W. Bush has sent sales soaring at the Turkish maker as orders pour in from Iraq, the U.S. and Iran.

The brown, thick-soled “Model 271” may soon be renamed “The Bush Shoe” or “Bye-Bye Bush,” Ramazan Baydan, who owns the Istanbul-based producer Baydan Ayakkabicilik San. & Tic., said in a telephone interview today.

“We’ve been selling these shoes for years but, thanks to Bush, orders are flying in like crazy,” he said. “We’ve even hired an agency to look at television advertising.”[...]

Baydan has received orders for 300,000 pairs of the shoes since the attack, more than four times the number his company sold each year since the model was introduced in 1999. The company plans to employ 100 more staff to meet demand, he said.

There's the answer to our tanking economy, right there. "Bye-Bye Bush" shoe factories. President Obama can call the upswing the "Bush Shoe Economy". The "Shoo, Bush!" economy?

“Model 271” is exported to markets including Iraq, Iran, Syria and Egypt. Customers in Iraq ordered 120,000 pairs this week and some Iraqis offered to set up distribution companies for the shoe, Baydan said.

A company in Maryland ordered 4,000 pairs. See? Instant upswing.

H/t: TPM