GlobalIntelHub2

Mapping Europe’s Mutually Assured Economic Destruction As EU Plans More Sanctions

With senior German officials expecting discussions among leaders at the EU Summit to solely focused on a second round of sanctions against Russia (and warnings that they “must avoid a spiral of sanctions”), we thought it worth drilling down on just how mutually-dependent the two regions are. As Acting-Man’s Pater Tenebrarum notes [10], the following infographics suggest tit-for-tat sanctions […]

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Chinese Stocks Enter Bear Market Following 2 More Defaults Overnight

Following the default of 2 more corporations last night, Hang Seng’s index of China Enterprises plunged to 8-month lows and officially entered bear market territory. Overnight angst in the Chinese currency markets (which saw the Yuan trade back to 1-year lows) has sparked broad commodity weakness (as CCFD unwinds en masse) with copper giving back most of yesterday’s […]

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US tech giants knew of NSA data collection, agency’s top lawyer insists

The senior lawyer for the National Security Agency stated unequivocally on Wednesday that US technology companies were fully aware of the surveillance agency’s widespread collection of data, contradicting months of angry denials from the firms. Rajesh De, the NSA general counsel, said all communications content and associated metadata harvested by the NSA under a 2008 […]

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Busted! – U.S. Tech Giants Knew Of NSA Spying Says Agency’s Senior Lawyer

GIH: As it turns out, tech giants were in fact working with the NSA to collect user data electronically.  They have vehemently denied this.  It seemed to make more sense, that NSA had worked with them, compared to NSA being able to hack on multiple levels their systems.  Although the NSA has developed many technologies […]

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