Brazilian Government To Monitor Social Media To Counter Recent Riots
First time accepted submitter prxp writes "Recent riots in Brazil have taken the Brazilian Government completely by surprise, since most of its intelligence personnel have been assigned to work on the security of Fifa's Confederations Cup, according to 'O Estado de São Paulo' (Google translation), one of Brazil's major newspapers. This is particularly ironic, since protesting against the way Fifa has managed Confederations Cup in Brazil accompanied with overspending by the Brazilian Government is in the heart of these riots. Because of that, ABIN (the Brazilian equivalent to CIA) "has assembled a last minute operation to monitor the Internet" where intelligence officials have been tasked to monitor protesters' every move 'though Facebook, Twitter, Instagram, and WhatsApp' in order to "anticipate itineraries and size of riots" among other intel. The legality of such action is unknown, since Brazilian laws prohibit this kind of wiretapping."
If you do not get what the problem is, see: Stop bankers betting on food - What is the problem?.
Also on Brazil: Currency War Rattles Brazil, Wakes Up the People:
The spark that lit it – after price and asset inflation had made life too expensive for the middle class – was an increase in bus fares.
[Brazilian Finance Minister Guido Mantega] taken aim at the Fed’s “bold” efforts to hand trillions to the big players – the hot money – who didn’t invest it in production and jobs in the US but plowed it into every conceivable “asset class,” such as commodity and currency speculation and similar productive uses. It hit prices in Brazil and drove up the Real.
Brazil counterattacked last year. The Real plunged 24% against the buck. Prices of imported goods soared – adding to the inflation that had already been zigzagging up from 3.7% in 2007. In May, it hit a red-hot 6.45%.
It was just too much for the 40 million people who’d made the transition from poverty into (barely) the middle class since the turn of the millennium. Products they buy on a daily basis have jumped: tomatoes are up 96% over last year, onions 70%, rice 20%, chicken 23%. Since 2008, rents are up 118%.
Of course, bankers do what they like, own the politicians and sit on the board directly or indirectly of nearly ever major news source out there - so move along, no currency war to see here...