How Edward Snowden Could Derail The Global Economy -- David Francis, The Fiscal Times
NSA leaker Edward Snowden is at it again. This time, he’s leaking to the Germans.
Over the weekend Der Spiegel magazine published a report indicating that the United States has been spying on its European allies, including Germany, France and Italy. Documents provided by Snowden indicate that NSA is collecting data on European communications and that it planted bugs in EU offices in New York and Washington to detect rifts in the troubled monetary alliance.
Reactions from European leaders were swift and harsh. This is especially true in Germany, where the protection of private correspondence is written into its constitution.
President Obama shrugged off the report, saying all nations collect intelligence. But this argument isn’t likely to fly with German Chancellor Angela Merkel, a former East German who grew up living under the intrusive eye of the Stasi and Soviet surveillance. She immediately condemned the United States, while a parliament member said Snowden should be rewarded for this information with asylum in Germany.
Read more ....
My Comment: I very much doubt that the global economy is going to be derailed because of one man .... but it would not surprise me if the Europeans try to use the NSA scandal to extract a small concession or two.
No comments:
Post a Comment