WASHINGTON - The head of the National Security Agency on Tuesday said U.S. surveillance programs had helped disrupt more than 50 possible attacks since September 11, 2001, as sympathetic members of Congress also defended the use of the top-secret spying operations.
- Facebook Inc said on Tuesday it now has 1 million active advertisers globally who used the platform in the last 28 days, a milestone for the company that is seeking to revive its revenue growth.
Record prices at art auctions and oversubscribed private jets are among signals that a stock market slump is approaching. Behavioural finance followers insist social mood governs human action and their theories are gaining ground as tools for financial analysis. Full Article
STOCKHOLM - Sweden's big banks could find their reputation for capital strength increasingly under threat due to pressure from regulators who fear they are more vulnerable to risky loans than appears on paper. Full Article
HAGATNA, Guam - Steven Levin lives on a boat off the Pacific island of Guam, as far away from the mainland as an American resident can get. But last year, he had something of value to elite lawyers half a world away: a case that reached the U.S. Supreme Court. Full Article
June 18 - A lone, silent vigil by a man in Istanbul inspires copycat protests, as police detain dozens across Turkey in an operation linked to protests. Rough Cut (no reporter narration).
Here’s one sign the global elite is starting to get worried that capitalism isn’t working for the Western middle class. At the TED Global gathering in Edinburgh this week, much of the spotlight was on what’s going wrong with the 21st-century economy. Commentary
PM Tayyip Erdogan’s harsh actions against protestors could backfire economically. Turkey depends on foreign investors to fund its big current account deficit. If they turn tail, interest rates will rise, hurting the economy and undermining one of Erdogan’s sources of popularity. Commentary
Why are we willing to give private corporations data, but refuse to offer government agencies the same courtesy? That contradiction highlights a muddled, overwrought and inconsistent attitude towards privacy and freedom. Commentary
Royal Bank of Scotland's Stephen Hester has been a largely undeserving target of banker bashing. He leaves having done well in shrinking the bank. But re-privatisation depends on having a CEO investors know is in it for the next phase. Commentary