World Bank Chief Calls on G-20 to Reconsider Gold Standard

In a commentary published in Monday’s Financial Times, World Bank President Robert Zoellick wrote that an updated gold standard could help retool the world economy amid tensions over currencies and the United States’ monetary policy. Looking ahead to this week’s meeting of the Group of 20 (G-20) nations in Seoul, the former US trade... Read more...

Russian Intelligence Found Gold Market Info Valuable

Russian spies in the United States whose arrest was announced Monday last year conveyed information about the gold market that the Russian security service considered “very valuable” and forwarded to the Russian finance ministry and ministry of economic development, according to the criminal complaint filed by the FBI with U.S. District... Read more...

Cold War Espionage is Back

The KGB is back, and it’s leaner and meaner than ever. In a dramatic bust, the FBI has arrested 10 Russian individuals for allegedly carrying out long-term, deep cover assignments in the United States on behalf of Russia. The 37 page indictment from the Southern District of New York reads like a John LeCarre-cum-Ian Flemming espionage thriller... Read more...