US Spying Debate Heats Up in Europe

The United States National Security Agency’s (NSA) wayward behavior is the first step to the country losing its credibility on the global stage, Martin Schulz a prominent German lawmaker and the president of the European Parliament told CNBC.
“The government and officials have no control over the secret services,” he told CNBC. “We should discuss with our American friends that this is not necessary, that we should have trust for each other.”
Schulz said that the secret agency had no right to spy on the German Chancellor Angela Merkel, adding that the U.S. needed to answer why it undertook the operation.

via CNBC

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Alfonso Esparza

Alfonso Esparza

Senior Currency Analyst at Market Pulse
Alfonso Esparza specializes in macro forex strategies for North American and major currency pairs. Upon joining OANDA in 2007, Alfonso Esparza established the MarketPulseFX blog and he has since written extensively about central banks and global economic and political trends. Alfonso has also worked as a professional currency trader focused on North America and emerging markets. He has been published by The MarketWatch, Reuters, the Wall Street Journal and The Globe and Mail, and he also appears regularly as a guest commentator on networks including Bloomberg and BNN. He holds a finance degree from the Monterrey Institute of Technology and Higher Education (ITESM) and an MBA with a specialization on financial engineering and marketing from the University of Toronto.
Alfonso Esparza