Daily Digest 3/18 - Turkey Sees Limits Of Its Power, Risk Insurance Coverage In Car Sharing, A World Without People
- Despite Bold Talk on Syria, Turkey Sees Limits of Its Power
- Obama Executive Order: Peacetime Martial Law!
- The NSA Is Building the Country’s Biggest Spy Center (Watch What You Say)
- Share A Car, Risk Your Insurance
- With Visit To Goldman, Bloomberg Says, Chin Up
- Fed Acknowledges Error in Citi’s Stress Test
- Price of Gas Matters to Voters, but Doesn’t Seem to Sway Votes
- A World Without People
But for all of its bluster and stated resolve, Turkey has been stymied in its ability to follow through with anything concrete. Officials and analysts say Turkey is extremely wary of engaging in any unilateral military action, mindful of the perils of igniting a sectarian conflict on its own border, alienating public opinion in the Arab world or, worse, inadvertently instigating regional war.
The conflict in Syria has presented Turkey with an opportunity, both perilous and promising.
Under this order the heads of these cabinet level positions; Agriculture, Energy, Health and Human Services, Transportation, Defense and Commerce can take food, livestock, fertilizer, farm equipment, all forms of energy, water resources, all forms of civil transporation (meaning any vehicles, boats, planes), and any other materials, including construction materials from wherever they are available. This is probably why the government has been visiting farms with GPS devices, so they know exactly where to go when they turn this one on.
The NSA Is Building the Country’s Biggest Spy Center (Watch What You Say)But “this is more than just a data center,” says one senior intelligence official who until recently was involved with the program. The mammoth Bluffdale center will have another important and far more secret role that until now has gone unrevealed. It is also critical, he says, for breaking codes. And code-breaking is crucial, because much of the data that the center will handle—financial information, stock transactions, business deals, foreign military and diplomatic secrets, legal documents, confidential personal communications—will be heavily encrypted. According to another top official also involved with the program, the NSA made an enormous breakthrough several years ago in its ability to cryptanalyze, or break, unfathomably complex encryption systems employed by not only governments around the world but also many average computer users in the US. The upshot, according to this official: “Everybody’s a target; everybody with communication is a target.”
Share A Car, Risk Your Insurance (jdargis)
So anyone considering this sort of thing has to ask: Is the insurance industry overstating the risk of playing along with this cutting-edge idea, is RelayRides underestimating your exposure, or both?
Mr. Bloomberg’s ties to the securities industry are both sentimental and self-interested. He began his career at Salomon Brothers, the defunct investment firm, and his fortune flows from the Bloomberg financial data terminals used on Wall Street.
Goldman, in fact, has been a key contributor to Mr. Bloomberg’s wealth: the firm leases thousands of Bloomberg terminals, sending tens of millions of dollars a year to the mayor’s private company.
In the original test results, the Fed projected losses on Citigroup’s first-lien home loans that would be equivalent to 9.7 percent of its total mortgages. But the Fed now says that the loss rate is 9.3 percent. The change occurred after the Fed moved projected losses on Citigroup’s foreign mortgages to another category. As a result, the 9.3 percent loss rate is just for mortgages in the United States.
Gas prices influence voters indirectly, because rising prices can slow the pace of growth. But the influence is modest, because spending on oil and its derivatives makes up only a small part of the nation’s economic activity. Gas purchases account for less than 4 percent of household spending. Prices would need to increase by at least 28 percent to lift that share by a single percentage point. So far this year, they have jumped by 15 percent.
A World Without People (jdargis)
For a number of reasons, natural and human, people have recently evacuated or otherwise abandoned a number of places around the world -- large and small, old and new. Gathering images of deserted areas into a single photo essay, one can get a sense of what the world might look like if humans were to vanish from the planet altogether. Collected here are recent scenes from nuclear-exclusion zones, blighted urban neighborhoods, towns where residents left to escape violence, unsold developments built during the real estate boom, ghost towns, and more.
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