August 3, 2013
Our man in Moscow
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Hard hitting global and local news
Hard hitting global and local news
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Initial Reaction The establishment survey showed a gain of 162,000 jobs. The previous two months were revised lower
• XKeyscore gives ‘widest-reaching’ collection of online data• NSA analysts require no prior authorization for searches• Sweeps up emails, social media activity and browsing history A top secret National Security Agency program allows analysts to search with no prior authorization through vast databases containing emails, online chats and the browsing histories of millions of individuals, according to documents provided by whistleblower Edward Snowden. The NSA boasts in training materials that the program, called XKeyscore, is its "widest-reaching" system for developing intelligence from the internet. XKeyscore, the documents boast, is the NSA’s "widest reaching" system developing intelligence from computer networks – what the agency calls Digital Network Intelligence (DNI).
Will Rouhani bring a tectonic shift to Iran’s political landscape? Nile Bowie discusses the challenges and controversies of recent Iranian political developments with award-winning journalist Kourosh Ziabari: NB: Hassan Rouhani, a reform-minded moderate cleric and former nuclear negotiator under President Khatami, will be Iran’s new president.
Visit link: Treasury Yields Surge Following Allegedly Good Data; Is Bernanke Getting the Message?
India Housing Bubble Still Expanding This is a guest post from by Deepak Shenoy, an economic blogger at Capital Mind in India.
The Beckman Institute at the Uinversity of Illinois was named after Arnold Beckman, so that was a false alarm.Petr Beckmann was quite a character though: http://en.wikipedia.org/wiki/Petr_Beckmann"He defected to the United States in 1963 and became a Professor (later, Emeritus) of electrical engineering at the University of Colorado. In the United States, he became acquainted with novelist Ayn Rand, a contributing editor to a publication devoted to her ideas, The Intellectual Activist, and a speaker at The Thomas Jefferson School, an intellectual conference of similar purpose."" He wrote more than 60 scientific papers and eight technical books. Dr
My friend "BC" says How convenient, otherwise real GDP would have printed at 0.8%, prices constant. Yet, the yoy rate of real final sales per capita is below 1% for the second quarter in a row, whereas the second quarter annualized rate is near contracting. Had the deflator been reported at the rate in Q1, the yoy and 2-qtr. annualized real final sales per capita rates would have been reported as contracting
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