NEW YORK/WASHINGTON (Reuters) – The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.

The proposed plan represents a major step by U.S. intelligence agencies to spot and track down terrorist networks and crime syndicates by bringing together financial databanks, criminal records and military intelligence. The plan, which legal experts say is permissible under U.S. law, is nonetheless likely to trigger intense criticism from privacy advocates.

NEW YORK/WASHINGTON, March 13 (Reuters) – The Obama
administration is drawing up plans to give all U.S. spy agencies
full access to a massive database that contains financial data
on American citizens and others who bank in the country,
according to a Treasury Department document seen by Reuters.

The proposed plan represents a major step by U.S.
intelligence agencies to spot and track down terrorist networks
and crime syndicates by bringing together financial databanks,
criminal records and military intelligence. The plan, which
legal experts say is permissible under U.S. law, is nonetheless
likely to trigger intense criticism from privacy advocates.

NEW YORK/WASHINGTON (Reuters) – The Obama administration is drawing up plans to give all U.S. spy agencies full access to a massive database that contains financial data on American citizens and others who bank in the country, according to a Treasury Department document seen by Reuters.

The proposed plan represents a major step by U.S. intelligence agencies to spot and track down terrorist networks and crime syndicates by bringing together financial databanks, criminal records and military intelligence. The plan, which legal experts say is permissible under U.S. law, is nonetheless likely to trigger intense criticism from privacy advocates.

NEW YORK/WASHINGTON, March 13 (Reuters) – The Obama
administration is drawing up plans to give all U.S. spy agencies
full access to a massive database that contains financial data
on American citizens and others who bank in the country,
according to a Treasury Department document seen by Reuters.

The proposed plan represents a major step by U.S.
intelligence agencies to spot and track down terrorist networks
and crime syndicates by bringing together financial databanks,
criminal records and military intelligence. The plan, which
legal experts say is permissible under U.S. law, is nonetheless
likely to trigger intense criticism from privacy advocates.

WASHINGTON (Reuters) – Three years into recovery, Americans have dug themselves out from under mountains of debt and the steep decline in house prices is over. These were supposed to be two secret ingredients needed to spice up a lackluster pace of economic growth.

It’s not quite working out that way.

American consumers, who account for the bulk of U.S. economic activity, might be in stronger shape today and are getting an extra boost from gasoline prices, which have tumbled 13 percent over the past three months. That’s enough to pump about $120 billion of extra spending power into their pockets over a year.

WASHINGTON, June 24 (Reuters) – Commodity prices can be a
good barometer for emerging market growth, and their relentless
sell-off over the past two months has tracked the fading of the
one bright light in the global economic recovery.

Brazil and India are slowing sharply, China has ratcheted
down a notch as global trade slows, and the almost 30 percent
decline in the price of oil has hit Russia’s economy. These all
make for troublesome developments when Europe is teetering on
the edge of recession and U.S. business is retrenching.

LOS CABOS, Mexico (Reuters) – World leaders, relieved that pro-bailout parties won a narrow election victory in Greece, will pile pressure on Europe at the G20 summit on Monday to outline a lasting strategy to save the euro currency and end financial turmoil.

Group of 20 leaders from major industrialized and developing economies, representing more than 80 percent of world output, start a two-day meeting in this Pacific resort to prioritize growth and job creation as the path to bolstering a world economy that is running out of steam.

WASHINGTON (Reuters) – A global economy edging toward recession and confronting huge political challenges adds urgency to the G20 summit in Mexico this week for strong world leadership of the kind last seen at the height of the 2007-09 financial crisis.

“The world is facing some very difficult times, economically and financially, socially and politically,” said Charles Dallara, managing director of the Institute of International Finance.

WASHINGTON/BRUSSELS (Reuters) – Central banks from major economies stand ready to take steps, including coordinated action, to stabilize markets as world economies prepare for a possible financial storm or public panic after cliffhanger elections in Greece this weekend.

Britain announced it would flood its banking system with cash as the euro zone’s crisis casts a “black cloud” over the nation’s economy.

WASHINGTON/BRUSSELS, June 14 (Reuters) – Authorities in the
world’s major economies are preparing for a possible market
storm or public panic after cliffhanger Greek elections this
weekend, officials said on Thursday, should radical leftists win
and cast doubt on the nation’s future in the euro zone .

Britain announced on Thursday it would flood its banking
system with cash as the euro zone’s crisis casts a “black cloud”
over the nation’s economy.