WikiLeaks founder Julian Assange called Facebook “the most appalling spying machine ever invented” ..
We need a real recovery. That’s what Mitt Romney said during the campaign, and he was right. Five years since the start of the Great Recession, unemployment is still far too high. It’s not for a lack of optimism among policymakers. As Evan Soltas pointed out, the Federal Reserve keeps predicting that prosperity is just around the corner, only to find it’s not. Catchup growth is the new Godot.
*Compared to almost every other rich country and almost every other financial crisis.
By Fareed Zakaria
Every year at Davos, people like me try to get a sense of the mood of the place, take the temperature of people in this frosty mountain resort.
Obviously, I will give you a highly impressionistic and personal picture, but it’s one I find useful since Davos does bring together leaders in government, business, media – even the NGO community – from all corners of the world. It is genuinely global in a way that few conferences are…
Fiscal cliff would drive the U.S. economy back into recession before end of 2013, a new report from the Congressional Budget Office said. Congressional Budget Office released a report showing that the most harmful consequences of the fiscal cliff, a fully armed and operational fiscal cliff would cost us 3.4 million jobs.
Bank of America announced it would “not process transactions of any type that we have reason to believe are intended for Wikileaks,” citing “Wikileaks might be engaged in activities … inconsistent with our internal policies for processing payments”. WikiLeaks responded in a tweet by encouraging their supporters who were BoA customer to close their accounts..