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World equity risk 7:22
Toronto’s benchmark stock index hit its highest level in more than 2.5 years on Friday as the rebounding gold price and new confidence about the global economy pushed equities up.
Around midday the S&P/TSX Composite Index was up 60 points to 13,891.64. It closed the day at 13,888, up 56.81. Higher commodity prices buoyed the resource-heavy TSX, even in other sectors.
“There’s definitely a will to buy equities. There are very little immediate headwinds,” Manulife director Kevin Headland told Reuters. “Canada seems to be moving higher based on better global economic data and expectation of the demand for resources.”
Seven of the 10 sectors on the TSX were higher. Gold was a particular source of strength, with February bullion up $11.70 to $1,251.90 US an ounce. Barrick Gold advanced 69 cents to $20.61 while Goldcorp gained $1.05 to $25.43
The sector fell almost 50 per cent last year and “I think a lot of people dumped it at the end of last year to get it off the books and now you’re seeing the relief rally,” said Cieszynski.
The tech sector climbed 1.37 per cent as BlackBerry rose 61 cents to $9.98
Closing in on 13,900 points puts the TSX at the highest level it’s been since the middle of 2011, more than two and a half years ago.
The loonie fell 0.42 of a cent to 91.11 cents US.
Following up on the latest stunning revelations released yesterday by German Spiegel which exposed the spy agency’s 50 page catalog of “backdoor penetration techniques“, today during a speech given by Jacob Applebaum (@ioerror) at the 30th Chaos Communication Congress, a new bombshell emerged: specifically the complete and detailed description of how the NSA bugs, remotely, your iPhone. The way the NSA accomplishes this is using software known as Dropout Jeep, which it describes as follows: “DROPOUT JEEP is a software implant for the Apple iPhone that utilizes modular mission applications to provide specific SIGINT functionality. This functionality includes the ability to remotely push/pull files from the device. SMS retrieval, contact list retrieval, voicemail, geolocation, hot mic, camera capture, cell tower location, etc. Command, control and data exfiltration can occur over SMS messaging or a GPRS data connection. All communications with the implant will be covert and encrypted.”
The flowchart of how the NSA makes your iPhone its iPhone is presented below:
- NSA ROC operator
- Load specified module
- Send data request
- iPhone accepts request
- Retrieves required SIGINT data
- Encrypt and send exfil data
- Rinse repeat
What is perhaps just as disturbing is the following rhetorical sequence from Applebaum:
“Do you think Apple helped them build that? I don’t know. I hope Apple will clarify that. Here’s the problem: I don’t really believe that Apple didn’t help them, I can’t really prove it but [the NSA] literally claim that anytime they target an iOS device that it will succeed for implantation. Either they have a huge collection of exploits that work against Apple products, meaning that they are hoarding information about critical systems that American companies produce and sabotaging them, or Apple sabotaged it themselves. Not sure which one it is. I’d like to believe that since Apple didn’t join the PRISM program until after Steve Jobs died, that maybe it’s just that they write shitty software. We know that’s true.”
Or, Apple’s software is hardly “shitty” even if it seems like that to the vast majority of experts (kinda like the Fed’s various programs), and in fact it achieves precisely what it is meant to achieve.
Either way, now everyone knows that their iPhone is nothing but a gateway for the NSA to peruse everyone’s “private” data at will. Which, incidentally, is not news, and was revealed when we showed how the “NSA Mocks Apple’s “Zombie” Customers; Asks “Your Target Is Using A BlackBerry? Now What?”
How ironic would it be if Blackberry, left for dead by virtually everyone, began marketing its products as the only smartphone that does not allow the NSA access to one’s data (and did so accordingly). Since pretty much everything else it has tried has failed, we don’t see the downside to this hail mary attempt to strike back at Big Brother and maybe make some money, by doing the right thing for once.
We urge readers to watch the full one hour speech by Jacob Applebaum to realize just how massive Big Brother truly is, but those who want to just listen to the section on Apple can do so beginning 44 minutes 30 seconds in the presentation below.
- Report Claims NSA Can Access Smartphone User Data (newsy.com)
- SPiEGEL: Privacy Scandal: NSA Can Spy on Smart Phone Data (akula51.net)
- iSpy: How the NSA Accesses Smartphone Data (spiegel.de)
- Your smartphone can recognize you from a tap on its touchscreen (hispanicbusiness.com)
- The NSA Can Access Basically Everything On iOS, Android and Blackberry – Gizmodo (newestgadgetsinfo.com)
NSA, UK Spied On Politicians, Intercepted Emails, Eavesdropped On Russian President’s Phone Calls | Zero Hedge
- BREAKING: Snowden Reveals British Government Spied On Officials’ Phone Calls, Emails During G20 Summit (mediaite.com)
- US spied on Russian President Medvedev at 2009 G20 summit – NSA leaks (rt.com)
- NSA reveals US spied on Russian president Dmitry Medvedev at G20 summit in 2009 (thenewstribe.com)
- BREAKING: British Intelligence Spied on G20 Members (economicpolicyjournal.com)
- Revealed: how the UK spied on its G20 allies at London summits (oddonion.com)