Tag: President

Extraditing Hackers

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A Czech court ruling on a case involving the hacking of computers belonging to US companies states the alleged hacker can be extradited to Russia or USA.

The hacker, Yevgeniy Nikulin, was arrested by Czech police with the help of the FBI after Interpol issued the international warrant. Yevgeniy is sought after by the US because of his involvement in hacking Linkedin and Dropbox, among other companies. Russian had also been after him for a separate charge of Internet theft in 2009. Because of this, the Russians have been trying to prevent his extradition to the US and have him sent to Russia.

With the new ruling, both extradition request have been validated and currently Nikulin has only appealed his extradition to the United States. He has three days to decide if he will agree to being extradited to Russia.

This story could take a step deeper, if a statement of the accused is true.

The defense lawyers have rejected the US charges, stating the US has been looking to turn him into a political pawn; urging him to falsely testify that he cooperated in the hacking attack on the Democratic National Committee ordered by Russian authorities and in exchange, he would receive money and a life in the United States.

This is part of the US ongoing investigation and accusation of alleged Russian involvement in their presidential elections. An accusation Russia has vigorously denied that.

Macron takes 66% to Le Pen’s 34%

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For anyone not to date on the French Election, briefly sent the euro to a six-month high against the dollar, as markets reacted to the victory by the pro-EU candidate.

Mr. Macron promises is to overhaul the labor market, simplify the tax and pension system. It is an important time for the French Economy as they try to recover from rising unemployment and diminishing competitiveness.
Macron new plan is stated to correct the causes of France economic troubles and many independent economist agree it can accomplish this goal.
Without going into much detail:

  • 35-hour workweeks will remain with firms negotiating deals with their employees on working hours and pay.
  • Slowly unify pension plans and have payouts tied to contributions people pay in during their working lives.
  • Cut corporate tax rates.

Even with necessary backing, it is important to note that this new strategy will not have immediate results. This slow buildup could be linked to Macron wishing to reduce the risk of street protest but has many feeling the result will come to late to help the economy.

Emmanuel Macron also plans for France to remain in the eurozone. He has plans in place requiring German support and backing to help reform the eurozone. This plan is pending German elections, so at the moment he is focusing on domestic policies.