Monthly Archives: November 2013

Seeing red: China’s credit addiction

In June, the Chinese government made a fruitless attempt to curb the nation’s increasing dependency on credit. By August, loans from shadow banks reached an all time high. If lending continues at this rate, the Chinese economy is heading for a dip. China responded to the economic events of 2008 with an investment-heavy stimulus programme…

Angry Over U.S. Surveillance, Tech Giants Bolster Defenses

SAN FRANCISCO — Google has spent months and millions of dollars encrypting email, search queries and other information flowing among its data centers worldwide. Facebook’s chief executive said at a conference this fall that the government “blew it.” And though it has not been announced publicly, Twitter plans to set up new types of encryption to protect messages from snoops….