Global Intelligence
As the crisis forces local governments to seek new sources of revenue, due to a deteriorating financial situation for many of them, facing bankruptcy or worse; local governments are getting creative. Some have imposed strange new taxes, but many have fallen back on the age old industry; gambling. Gambling has had an interesting history in […]
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A panel of IT experts recommended that Americans do not use the healthcare.gov website due to security flaws that could lead to identity theft or worse. The experts said they’ve ‘never seen anything like it’ and that it would be easy for a hacker with basic knowledge to break into the site, stealing private […]
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With the recent attention to Bitcoin, GIH has been researching how the process of Bitcoin works. The team has read many articles about it and even suggested to investors to invest in it more than 6 months ago. The Bitcoin community has grown with the price. In the beginning, it was a small group of […]
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As the Senate is convening it’s first hearing on ‘digital currencies’ (but specifically Bitcoin) it has surged above $600/USD which is a record high. One reason for the surge ahead of the Senate hearing could be partially fuelled by the fact that you can now buy Real Estate in China with Bitcoin: Bitcoin acceptance in […]
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Arguably, what makes any economy strong is labor, and manufacturing. The US has shifted from a manufacturing base economy to a financial / service based economy. Corporations are making profits, but not creating anything. By giving China and other countries jobs, it’s given them economic power. An anti-labor trend that began in the 1980’s has […]
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While the NSA, CIA, and other agencies are spying on the populous, it appears that at least in some instances, the populous is spying on them as well. But of course the populous will be held legally liable. Activist hackers have been accessing US government computers in multiple agencies (we can assume CIA, NSA, at […]
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It appears the NSA is not the only agency with data collection programs that are not widely known. Several officials (both current and former) confirmed the programs’ existence anonymously as the program is classified. From the New York Times: The Central Intelligence Agency is secretly collecting bulk records of international money transfers handled by companies […]
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The Forex market is the largest in the world and the least understood. Since the late 90’s, traders and asset managers have flocked to it as an alternative to trade, compared to other common markets (Stocks, Bonds, Futures). But due to the fact that the market is decentralized, and unregulated, it also attracted a large […]
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Wikileaks released today a previously secret document outlining what would be the largest economic treaty ever. From their press release: Today, 13 November 2013, WikiLeaks released the secret negotiated draft text for the entire TPP (Trans-Pacific Partnership) Intellectual Property Rights Chapter. The TPP is the largest-ever economic treaty, encompassing nations representing more than 40 per cent […]
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In a shot across the bow, a Russian lawmaker has proposed a bill making it illegal to posses US Dollars in Russia, including US Dollar denominated bank accounts. Russian citizens would be able to utilize US Dollars while abroad, and operations could still be engaged by the central bank. From the Washington Times: MOSCOW — […]
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