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Sunday, 10 December 20:01 (GMT -05:00)



Business And Politics News

Russia's Dangerous for USA, FBI Director Comey Says


Director of the Federal Bureau of Investigation James Comey assumes that Russia is one the biggest threats for the United States. Russia is put in the same line together with China, Iran, and North Korea.

 

 

 

 
At the same time, he underlines that today’s threats are slightly different from those seen 30 years ago. First of all, he says that such powers as China and Russia create a lot of dangers in the field of cyber security. Moreover, he believes that their governments not only avoid prosecute local hackers, but they also spur hacker activities and even hire them to do some dirty jobs. On top of that, he believes that those counties are involved in stealing money and technologies, intervening into the internal affairs of other countries, both small and vulnerable and even powerful ones.
 
However, for some reason, James Comey failed to comment on Russia’s involvement in the recent presidential election in the United States. And he is not going to resign because of the scandals around the presidential elections. He is really determined to serve all the way up until 2023.
 

 

Also, he reminds everyone that new threats need to be addressed in new ways, which means that new defensive methods need to be invented. These days, nobody can feel secure at work, at home or on the streets. Cutting-edge technologies follow us everywhere we go and male us vulnerable to cyber criminals, he believes. But at the same time, people want privacy and do not want the government to curb or violate it. Even though the FBI has always respected the law, they are not as powerless as one might think. Whenever and wherever it’s necessary they are determined to act tough and fast. James Comey reassures that over the last couple of years, the American secret services have made a great job in terms of improving their methods of defending from cyber-attacks. If a couple of years ago, the FBI used to be mostly defending the government, now they are ready to focus on defending American businesses and individuals as well.

 

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Will Bitcoin Mining Leave the World without Electricity?

It seems like people have been obsessed with cryptocurrencies. While loading up on them like crazy, they seem to have forgotten that everything has a price. When it comes to mining cryptocurrencies, this is all about the growing deficit of electricity. The thing is that all those mining farms consume tons of energy. Maintaining that cryptocurrency infrastructure is rather energy-consuming as well since all of that requires really powerful and capacious hardware, which consumes big amounts of electricity.

Publication date: 04 December 01:04 AM

Brexit and Bank Capital Outflow

Since the Brexit referendum that took place in the United Kingdom last year, European banks have already withdrawn from the UK as much as 350 billion euros. That’s reported to be the official stats provided by the European Union, The Financial Times reports.

Publication date: 30 November 01:52 PM

Fed Will Raise Interest Rate 4 Times in 2018, Goldman Sachs Experts Predict

According to the experts working for Goldman Sachs, one of the largest investment banks in the world, the U.S. Federal Reserve is probably going to raise the key interest rate 4 times next year.

Publication date: 25 November 04:05 AM

Referendum In Catalonia May Hit Europe Harder Than Brexit

The possibility of Catalonia exiting from Spain is dangerous to the integrity of the European Union, even more dangerous than the Brexit. This is what The Daily Telegraph thinks on the matter.

 

Publication date: 01 October 04:58 AM

Trump Announced Revolutionary Tax Cuts for Americans

On Wednesday, September 27th, President Trump announced a tax reform. The thing is that Donald trump promised this tax reform when making his election pledges in 2016.

Publication date: 29 September 07:51 AM

What is so precious about Ukraine for international investors? An American businessman shares his opinion

More and more international investors have been paying attention to Ukraine as a promising area for profitable investing. Cody Shirk, an American entrepreneur, traveler and investor, is now urging international investors to look at Ukraine as a country with really great investment potential, Market Leader reports.

Publication date: 27 September 03:16 AM

China’s Debt Bubble May Trigger Another Global Financial Crisis

The Chinese economy keeps on slowing down as China’s debt bubble is growing. International experts are concerned about that. They are afraid of a new global financial crisis, Market Leader reports. The thing is, the Chinese economy is not growing fast enough anymore. Beijing has to admit the economic slowdown. The entire international expert community is now closely watching this slowdown and expressing their concerns about China’s economic prospects amid the mentioned economic slowdown and inflating debt bubble.

Publication date: 25 September 12:44 PM

Why Is German Parliamentary Election Important to Europe?

Judging by the results of several sociological surveys, the chances of electing Angela Markel for the next 4 years is fairly high at the moment. Even though there is almost no intrigue in the election, the international community has still been closely watching it, Market Leader reports

Publication date: 24 September 12:55 AM

Bitcoin Market Cap Exceeds $150 Billion

Bitcoin’s market capitalization exceeded $150 billion the other day. At the same time, the international expert community keeps on pondering upon the near-term prospects of Bitcoin and other digital currencies.

Publication date: 03 September 11:22 PM

American Sanctions Will Cut Investments In Russia

Some experts say that the next round of anti-Russian sanctions imposed a couple of weeks ago is going to undermine the Russian economy. In particular, they are threatening the investment capital inflow.

 

 
A few weeks after Donald Trump reluctantly signed the new sanctions approved by the U.S. Congress, Russian and foreign investors are still trying to figure out what the actual consequences of this decision are going to be. For now, they seem to have understood enough to be afraid of long-term negative consequences for their existing or potential investments in the Russian economy, which has just started recovering after a 2-year recession.
 
Publication date: 31 August 01:44 AM