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Tag: China

REUTERS/PETAR KUJUNDZIC

China Debt-Bomb Fuse is Burning

Buried under “crippling local government and corporate debt”, the Red Dragon’s current debt restructuring plan amounts to “little more than creative financial-engineering.” Lombard believes that China still has the ability address the nation’s debt-bomb, but the fuse is now burning.

Reuters

New Revelations Suggest Chinese Hackers Had Inside Help

Not only has the American human intelligence system been disastrously compromised around the world, but back here at home, the intel community is going to be playing defense for years to come, worried sick about how many government employees with security clearances might have been approached for recruitment or blackmail by China and its allies.

REUTERS/Kacper Pempel/Files

Chinese Hackers Had a Year to Access OPM Security Clearance System

The bombshells just keep coming in the Office of Personnel Management’s hack, which is bidding to eclipse Obamacare’s launch as the most stunning example of Big Government incompetence in the Information Age. The latest bad news is that Chinese hackers had a full year to rummage around inside the OPM’s security clearance system–plenty of time to take just about anything they wanted.

Trump

EXCLUSIVE: Trump Slams Obamatrade, Stands up for American Jobs

In an exclusive interview with Breitbart News, GOP presidential candidate and billionaire businessman Donald Trump slammed President Obama’s trade agreements – especially the Trans Pacific Partnership (TPP) – which Obama argued the United States needs in order to better compete with China.

AFP Photo/Stephen Shaver

China: Military May Now Hijack and Use Civilian Ships at Any Time

Following a bizarre statement that the “reclamation” of South China Sea areas historically not belonging to China is near completion, the Chinese government announced the passing of a new law which would require all private, civilian maritime vessels to be ready for military use “in cases of emergency.” Such a move converts civilian ships into military ships at any time.

REUTERS/Kacper Pempel/Files

Office of Personnel Management IT Was Running Out of… China

The government knew security was wide open for years, and did nothing. It’s a wonder they weren’t hacked before now. There will be no “accountability” for any of this. The Obama Administration doesn’t like to concede any sort of error by collecting scalps from inept high-level employees, and it worries a great deal about what some of them might say in whistleblower interviews or tell-all books.

department of work and pensions

OPM Breach Gets Even Bigger: Congressional Staff Hacked, Too

House and Senate staffers were previously told by OPM that only those with executive branch experience were at risk from the hack. Not until today’s House Oversight Committee hearings did the OPM director officially acknowledge that workers from all three branches of government were affected by the data breach.

JU PENG / XINHUA/AFP

Bloomberg: Five Million Reasons Why China Could Go to War

This article originally appeared at Bloomberg: With five million citizens to protect and billions of investment dollars at stake, China is rethinking its policy of keeping out of other countries’ affairs. China has long made loans conditional on contracts for its

Obama Outlines Policy For Open And Free Internet

‘Collective Panic’ Spreads Among Federal Employees Over OPM Hack

The first reports of the massive penetration of Office of Personnel Management files and security clearance applications — apparently by Chinese hackers most likely working for, or with, that country’s military intelligence apparatus — included grumbles from the affected employees that the administration didn’t handle the situation very well.