Word: exportable
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Dates: during 1990-1999
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...vocal group of cryptoextremists who call themselves cypherpunks, say they need: encryption powerful enough to give back to the citizenry the right to absolute privacy, which we have lost in the information age. According to the cypherpunks, the so-called 56-bit code the Administration has okayed for export can be cracked by the National Security Agency's supercomputers in a matter of hours...
...rich source of campaign contributions, due to his hard-line views on encryption," says TIME's Joshua Quittner. "Clearly a compromise was hammered out. The software industry is too big a part of the international economy for Clinton to ignore its concerns." The White House's plan allows the export of software which encrypts data using codes up to 56 bits long, which are much harder to break than the 40 bit codes which are currently exported. The move cools but does not end a longstanding battle pitting computer industry and privacy advocates pushing for a law allowing the international...
...attraction for corporations is lower cost. The attraction for employees is one-stop shopping for everything from address changes to changing their pension contributions. The attraction for Fidelity is a very profitable business and the opportunity to develop a vast base of customers. Lastly, the company wants to export the whole works to countries such as Japan, where mutual funds and pension plans are decades behind those...
...other countries, promises benefits or denies privileges to get its way. But the Helms-Burton law, which permits Cuban Americans to go to court in the U.S. to sue foreign companies "trafficking" in their property seized by the Castro regime, and Iran-Libya sanctions, which bar U.S. financing and export rights to foreign firms making new investments in Libyan or Iranian oil and gas, are something different. They threaten to punish private individuals outside the U.S. who do not obey laws passed by Congress...
What arrogance! as if we Americans had anything good to export. In our own presidential election campaigns, we typically deal in character assassination and trivia instead of the real issues. Your story on how American consultants helped Boris Yeltsin design his re-election strategy will leave the Russian people feeling duped and betrayed, further alienating them from Yeltsin without gaining any Brownie points for the U.S. Imagine that the tables are turned: Bill Clinton wins the election in November, and Pravda prints a major story on how a bunch of Russians sitting in a hotel room in Washington drank vodka...