Germany continued its campaign to stir up outrage over recent revelations that the NSA spies on Internet communications.?German Interior Minister Hans-Peter Friedrich said that any Internet users afraid that their private information might be exposed to NSA snooping have a simple way to protect their data: Stop using U.S. services like Google and Facebook. "
The NSA Prism spying scandal risks undermining trust in U.S. cloud computing businesses, the EC's vice-president, Neelie Kroes, has warned in a speech today. Kroes also reiterated calls for "clarity and transparency" from the U.S. regarding the scope and nature of its surveillance and access to data on individuals and businesses living and conducting business in Europe.
The central bank left its benchmark rate at 0.5 percent and maintained its bond-buying stimulus program amid recent signs that Britain's economic recovery is strengthening.