"Edward J. Snowden, the former National Security Agency contractor who leaked a trove of documents revealing the agency’s surveillance operations, said he raised his concerns to more than 10 officials, “none of whom took any action to address them,” before he decided to give the documents to journalists."
"Paul Kocher, president and chief scientist of Cryptography Research, says that regardless of the lack of evidence in the Times story, he discounts the "bad cryptography" explanation for the weakness, in favor of the backdoor one.
"Bad cryptography happens through laziness and ignorance," he says. "But in this case, a great deal of effort went into creating this and choosing a structure that happens to be amenable to attack.
"What's mathematically creative [with this algorithm] is that when you look at it, you can't even prove whether there is a backdoor or not, which is very bizarre in cryptography," he says. "Usually the presence of a backdoor is something you can prove is there, because you can see it and exploit it…. In my entire career in cryptography, I've never seen a vulnerability like this.""
"The government of Indonesia had retained the law firm for help in trade talks, according to the February 2013 document. It reports that the N.S.A.’s Australian counterpart, the Australian Signals Directorate, notified the agency that it was conducting surveillance of the talks, including communications between Indonesian officials and the American law firm, and offered to share the information. "
"China is a big factor in this new dynamic. Today, the world is focusing on the implications of slower growth in China. But it also needs to start focusing on the role of Chinese banks as a source of liquidity for neighbours and emerging markets generally."
Australia joins the group of countries saying monetary policy should be an offset to tighter fiscal. This is unbalanced and will end in tears.