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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: William H Huebl who wrote (46081)	2/24/2000 3:08:00 PM
From: long-gone	Read Replies (1) \| Respond to of 94695

Can "the bull" survive a trade war?: Wednesday February 23, 6:01 pm Eastern Time FOCUS-US eavesdrops for trade gains -EU report (Adds US, British comments) BRUSSELS, Feb 23 (Reuters) - European parliamentarians called on Wednesday for a major probe of allegations that the United States uses electronic surveillance for industrial espionage. The charges, in a report to European lawmakers, include using a Cold War eavesdropping system to beat the European consortium Airbus to a major airplane deal with Saudi Arabia in 1994. The United States, which runs the Echelon surveillance network capable of intercepting phone conversations, faxes and e-mail messages around the world, denied that its spy systems help American companies to steal a march on foreign competitors. ``The National Security Agency is not authorised to provide intelligence information to private firms,' said U.S. State Department spokesman James Rubin. Pressed by reporters at a Washington briefing, Rubin would not comment on specific allegations made in Europe. He said American intelligence agencies obey U.S. law and ``are not tasked to engage in industrial espionage, or obtain trade secrets for the benefit of any U.S. company or companies.' British, which helps run Echelon, also denied abusing it. ``There is absolutely no bulk espionage as the French and others are claiming,' a senior Foreign Office official said. ``Any surveillance that there is in Britain has to be authorised in accordance with the law as does any American activity here,' the official told Reuters. Green party deputies at the European parliament had called for a committee of inquiry after seeing the report written by British journalist Duncan Campbell. SYSTEM ``COMPLETELY UNCONTROLLED' ``Echelon, a completely uncontrolled and illegal spying system run by the U.S, the UK and several other countries poses a clear threat to civil liberties and the EU economy,' Green Group president Paul Lannoye said in a statement. Campbell's study claims to ``set out the organisational and reporting frameworks within which economically sensitive information is collected and disseminated, (cont) biz.yahoo.com