British newspaper and David Cameron government try to smear Edward Snowden

The Guardian reports on the story, here:

'Downing Street and the Home Office are being challenged to answer in public claims that Russia and China have broken into the secret cache of Edward Snowden files and that British agents have had to be withdrawn from live operations as a consequence.

'The reports first appeared in the Sunday Times, which quoted anonymous senior officials in No 10, the Home Office and security services. The BBC also quoted an anonymous senior government source, who said agents had to be moved because Moscow gained access to classified information that reveals how they operate. ...

'[Eric King of Privacy International] added that if Downing Street and the Home Office believed that Russia and China had gained access to the Snowden documents, then why was the government not putting this out through official channels.

'He added: “Given Snowden is facing espionage charges in the US, you would have thought the British government would have provided them with this information.”'

The Guardian destroyed the Snowden hard drives in front of British security in July 2013 after the British government threatened to shut down the newspaper, as reported here:

'New video footage has been released for the first time of the moment Guardian editors destroyed computers used to store top-secret documents leaked by the NSA whistleblower Edward Snowden.

'Under the watchful gaze of two technicians from the British government spy agency GCHQ, the journalists took angle-grinders and drills to the internal components, rendering them useless and the information on them obliterated.'

The Guardian acknowledged at the time that the Snowden files exist in other jurisdictions:

'[The Guardian's] Rusbridger told government officials that destruction of the Snowden files would not stop the flow of intelligence-related stories since the documents existed in several jurisdictions. He explained that Glenn Greenwald, the Guardian US columnist who met Snowden in Hong Kong, had leaked material in Rio de Janeiro. There were further copies in America, he said.'

So . . . who in the United States would want the twofer of smearing Snowden by outing British operatives?

German Bunds make history, yields fall below 1%, poor GDP blamed on MILD winter!

Germany now joins Japan and Switzerland in the below 1% yield club. The rush into the safety of government bonds driving down yields is a sign everywhere of lousy productivity.

Meanwhile yields below 2% exist in Taiwan, Hong Kong, Sweden, The Netherlands, Ireland, France, Finland, Denmark, The Czech Republic, Belgium, and Austria. Finland is the lowest of these presently at 1.14%.

CNBC reports here:

"Following disappointing growth data for the euro zone, 10-year yields finally broke through the 1 percent handle on Thursday—a first—dipping to an intraday low of 0.998 percent.  Yields then fell below 1 percent again on Friday, on reports that Ukrainian troops had attacked armed Russian military, which had crossed into the country near the border of Izvaryne. U.S. yields also declined, hitting a low of 2.333 percent, while the euro and European stocks turned negative."

German GDP fell in the second quarter from the first, at -0.6% annualized, which was, believe it or not, blamed on a mild winter there after poor GDP Stateside was blamed on an unusually harsh one.

The Wall Street Journal reported with a straight face here:

"Germany's economy, long Europe's growth engine, shrank for the first time in more than a year, a development economists largely attributed to a mild winter that boosted activity in the first quarter at the expense of the second. The bigger concerns, they say, are France and Italy, where respectable rates of growth aren't even in sight."

Oh well, at least they wrote "shrank".

Why Edward Snowden Is In Hong Kong Instead Of Hawaii

Steve Clemons, Editor At Large, The Atlantic

John Smith Looks for a Job

John Smith started the day early, having set his alarm clock (made in Japan) for 6:00 AM. While his coffeepot (made in China) was perking, he shaved with his electric razor (made in Hong Kong). He put on a dress shirt (made in Sri Lanka), designer jeans (made in Singapore), and tennis shoes (made in Korea). After cooking his breakfast in his new electric skillet (made in India), he sat down with his calculator (made in Mexico) to see how much he could spend today.

After setting his watch (made in Taiwan) to the radio (made in India), he got in his car (made in Germany), filled it with gas (from Saudi Arabia), and continued his search for a good paying American job.

At the end of yet another discouraging and fruitless day checking his computer (made in Malaysia), John decided to relax for a while. He put on his sandals (made in Brazil), poured himself a glass of wine (made in France), and turned on his TV (made in Indonesia), and then wondered why he can't find a good paying job in America.

And now he's hoping he can get help from a president (made in Kenya).

(author unknown)