House Energy and Commerce subcommittee try to find common ground between U.S. tech companies and U.S. law enforcement agencies, thus re-igniting a decade old debate on the extent tech companies cooperate with law enforcement agencies during an investigation. With the… Read More ›
Geopolitics
U.S. Foreign Intelligence Surveillance Court issues first order
The order has been posted on the website of the Office of the Director of National Intelligence. It remains to be seen whether this is related to the Electronic Frontier Foundation suing the government for forcing U.S. companies to decrypt… Read More ›
Iran wants increased access to global financial system
Despite the lifting of certain economic sanctions, the U.S. still has rules which forbid U.S. banks to work with Iran, which essentially acts as a barrier for Iran to benefit from the U.S. financial system. In the wake of Iran… Read More ›
Spain’s Industry Minister resigns after his name figures in the Panama Papers
Two Spanish news outlets have claimed they have documents which link Jose Manuel Soria and his brother to an offshore account. Spain’s Minister of Industries Jose Manuel Soria has sent in his papers after his name was mentioned in the… Read More ›
Panama’s Attorney General raids Mossack Fonseca’s office in Panama
The raid by the Panamanian police is supposedly looking for evidence of illegal activities by the law firm. Late on Tuesday, Panama’s Attorney General has raided the offices of Mossack Fonseca, a law firm, in search for evidence of illegal… Read More ›
Veil on Arms Program of Secretive North Korea Lifted as it Declassifies Information
Showcasing its push to develop long-range nuclear missiles despite international sanctions, secretive North Korea is revealing details of its weapons development program for the first time ahead of a rare ruling party Congress next month. With foreign governments and experts… Read More ›
David Cameron, Britain’s Prime Minister admits to having had stake in offshore trust
Iceland’s President has already resigned following the leak now dubbed as the ‘Panama Papers’. There is increasing pressure on Britain’s Prime Minister to come clean. During a TV interview, yesterday, British Prime Minister David Cameron acknowledged that he once had… Read More ›
Saudi Arabia and Egypt sign a $21.5 billion development deal
Egypt has struggled with discontent and poverty following the crackdown on the Muslim Brotherhood. Reuters has reported citing two Egyptian government sources that Saudi Arabia is all set to sign a $20 billion deal with Egypt so as to develop… Read More ›
Panama Papers Leak has Left Europe Reeling
While may be just a handful was aware of the Panamanian law firm Mossack Fonseca before the weekend fewer perhaps considered Panama a key global financial center. However the world’s financial and political leaders have been rocked by disclosures of… Read More ›
Heads begins to roll as a result of the Panama Papers
The President of Iceland, Sigmundur David Gunnlaugsson, has resigned following the startling disclosures in the Panama Papers. In what has been ascribed as the first casualty of the ‘Panama Papers’, Sigmundur David Gunnlaugsson, Iceland’s Prime Minister, has resigned on Tuesday…. Read More ›