Tighter Global Banking Rules Tilt Against Europe’s Lenders:

The Wall Street Journal | By: Paul J. Davies |May 25, 2017 9:14 a.m. ET: Long battle over update to Basel capital rules is finishing closer to U.S. demands If walking away from the table was a U.S. tactic in negotiations over global bank capital rules, it appears to have worked. The result: European banks are going to face limits…

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Saudi Aramco To Spend $18 Billion On Growth In The Americas: Motiva:

Reuters | Business News | Thu May 25, 2017 | 7:23pm EDT: Saudi Aramco plans to spend $18 billion in the next five years to expand its operations in the Americas, focusing on its U.S. oil refining subsidiary Motiva Enterprises, Motiva said on Thursday. Motiva (MOTIV.UL) called the $18 billion estimate “a general framework of opportunities” to increase refining capacity,…

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Newly Discovered Vulnerability Raises Fears Of Another WannaCry:

Reuters | Cyber Risk | Thu May 25, 2017 | 12:51pm EDT: A newly found flaw in widely used networking software leaves tens of thousands of computers potentially vulnerable to an attack similar to that caused by WannaCry, which infected more than 300,000 computers worldwide, cybersecurity researchers said on Thursday. The U.S. Department of Homeland Security on Wednesday announced the…

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Four Accused By SEC Of Trading On Secret Government Health Data:

The Financial Times | May 25 2017: Latest step in watchdog’s assault on Washington’s ‘political intelligence’ industry. The Securities and Exchange Commission on Wednesday charged that an alleged four-man insider trading ring had turned confidential government information about Medicare reimbursement rates into lucrative healthcare stock tips. Christopher Worrall, 39, a health insurance specialist at the Centers for Medicare & Medicaid…

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UK Hits Out At US Over Leaks In Manchester Attack Probe:

Financial Times | 25 May 2017: British security officials consider holding back sensitive information from America. British security officials investigating the Manchester terror attack are considering withholding sensitive information from Washington after a series of damaging leaks they fear are endangering British lives. Such a move would break with years of ever-closer counter terrorism work between the US and the…

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Google Now Knows When Its Users Go To The Store And Buy stuff:

The Washington Post | By: By Elizabeth Dwoskin and Craig Timberg | May 23 2017: Google has begun using billions of credit-card transaction records to prove that its online ads are prompting people to make purchases – even when they happen offline in brick-and-mortar stores, the company said Tuesday. The advance allows Google to determine how many sales have been…

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The President Just Made A Titanic Foreign Policy Shift. The Media Missed It:

The Washington Post | Opinion | May 24th 2017: This newspaper’s legendary former publisher, Philip Graham, famously described journalism as the business of writing the “first rough draft of history.” This week, as President Trump gave a historic speech in Saudi Arabia before the leaders of more than 50 Muslim-majority nations, journalism’s first draft missed the history almost entirely. While…

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Sessions Didn’t Disclose Meetings With Russian Officials On Security Clearance Form:

The Washington Post | May 25 2017: Attorney General Jeff Sessions did not reveal meetings with Russian officials when he applied for his security clearance to serve as the nation’s highest-ranking law enforcement official. Sessions came under fire earlier this year for not disclosing to the Senate Judiciary Committee during his confirmation hearing that, as the senator from Alabama, he…

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U.S. House Democrats Seek Info From Deutsche Bank On Trump Accounts:

Reuters | Politics | Wed May 24, 2017 | 12:25pm EDT: Democrats on a U.S. of House of Representatives panel have asked Deutsche Bank (DBKGn.DE) to provide information on whether any accounts connected to President Donald Trump have ties to Russia, adding another dimension to probes into connections between Moscow and Trump. Democrats on the U.S. House Financial Services Committee…

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There Is No Free Market For Electricity: Can There Ever Be?

American Affairs Journal | By: Travis Kavulla: Electricity is an input in virtually everything we do as a modern society. Few Americans remember what it was like to live without it and its attendant benefits on quality of life, labor productivity, and human health. Electricity is today largely taken for granted, yet for middle-class and older Americans utility bills often…

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Rotorcraft Community Warns Against Court’s Drone Registry Rejection:

Rotor And Wing International | By: S.L. Fuller | May 23, 2017: A U.S. Court of Appeals in Washington, D.C., recently ruled that the FAA cannot require unmanned aircraft system (UAS) hobbyists to register their drones under a December 2015 rule. No registration means no information and no efficient way to track hobby drones that pose a danger to other…

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Countries Curbing Corruption

Norton Rose Fulbright Report | Executive Summary: We have analysed the substance of a broad range of national anti-corruption strategies. Our purpose in doing so has been to extract lessons and insights, as best we can, that can guide leaders responsible for developing their own national strategies into making better plans. The report illustrates its findings with multiple examples from…

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Pemex Chases Fuel Thieves With Big Data:

Financial Times | 24 May 2017: Criminal gangs cost Mexican state oil company $1bn a year through stolen petrol. José Antonio González Anaya, the turnround economist at the helm of Pemex, flips open his iPad and pores over footage shot by a drone. Taken at midnight in central Mexico some months back, the grainy images reveal a line of 148…

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Media Manipulation And Disinformation Online:

Data & Society Research Institute | By: Alice Marwick and Rebecca Lewis: EXECUTIVE SUMMARY Internet subcultures take advantage of the current media ecosystem to manipulate news frames, set agendas, and propagate ideas: Far-right groups have developed techniques of “attention hacking” to increase the visibility of their ideas through the strategic use of social media, memes, and bots—as well as by…

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Court Revives Wikimedia Lawsuit Against NSA:

The Washington Post | By: Rachel Weiner | May 23 at 3:38 PM: A lawsuit challenging electronic surveillance by the National Security Agency will go forward, a federal appeals court ruled Tuesday. Wikimedia can now make the case that the NSA is unconstitutionally spying on Americans though a program called “Upstream” — collecting communications as they travel in or out…

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Pentagon Mapmakers Want To Tap Mobile Ad Technology. Here’s Why:

Defense One | By: Mohana Ravindranath | May 22, 2017: While the National Geospatial-Intelligence Agency keeps its operations secret, it’s looking into the some of the country’s flashiest technology hotbeds for new ideas. The spy agency, whose mapping projects are used in combat support and general intelligence operations, has been sending staff to Boston, Austin and New York to absorb…

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Swift Unveils “First Ever” Cross-Border Payments Tracker:

Bankingtech.com | By: Antony Peyton | 23 May, 2017: Corporate treasurers have a moment to treasure as Swift has unveiled its new cross-border payments “Tracker” for real-time tracing. Swift says Tracker is the “cornerstone” of its global payments innovation (gpi) initiative – which went live in February – with the aim to deliver greater speed, transparency and end to end…

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Interconnectors — Moving Clean Power Around a Continent:

Renewable Energy World | By: Tom Ewing | May 22, 2017: In the U.K., National Grid (NG) is the utility that owns the high voltage electricity network in England and Wales. It is also one of four British gas distribution companies. It’s a big player — “joining everything up” (NG writes) — within the U.K.’s overall energy system. Now, NG…

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