Tag: jobs

IMF "Baseline Scenario" Projects Spain Unemployment Will Remain Above 25% for 5 Years with Little Growth
August 3, 2013 0

IMF "Baseline Scenario" Projects Spain Unemployment Will Remain Above 25% for 5 Years with Little Growth

By News Desk

I am normally critical of IMF forecasts, but their baseline unemployment projection for Spain of 25% or more with no more than .6% annual growth through 2017 seems reasonable. The pessimistic scenario is a toxic deleveraging downward spiral that continues right now. The optimistic scenario assumes 2% growth, but that scenario does not start until 2018, and only if labor reforms in Spain and Europe take place

NSA tool collects "Nearly Everything You Do On the Internet"; Targeting Journalists; What Google Knows About You; Warrantless Cellphone…
August 2, 2013 0

NSA tool collects "Nearly Everything You Do On the Internet"; Targeting Journalists; What Google Knows About You; Warrantless Cellphone…

By News Desk

• 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).