EM investing: BRICs cable

[DJofSD]

Fall out from the Snowden/NSA revelations: http://www.bbc.co.uk/news/technology-24145662

Brazil is also backing a separate plan to create the Brics Cable.

This would see a fibre-optic link run from the Brazilian city of Fortaleza to Vladivostok, Russia. The link would pass through Africa and Asia and connect with cables running to mainland Europe and the Middle East.

There would also be a link between Fortaleza and Miami, but it would mean data would not need to go through Florida before travelling elsewhere.

At present the vast majority of Central and South America's internet data is routed through a single building in Miami known as the Network Access Point.

Outsourcing by any other name ...

[Robert Goren]

From the article
"Brazil is considering ways to make local use of the internet less dependent on US-based services, following leaks about Washington's cyberspy operations."

Do you blame them and wouldn't you do the same thing if you were in their shoes? Everybody spies on everybody else, but that doesn't mean you to make it easy for them.

[DJofSD]

"All secrecy, no privacy."

[HUSKER55]

WHY ARE WE MONITORING THE INTERNET? If you after terrorists then go after terrorists but why throw in everyone else?

[DJofSD]

It's like the ACA -- ya gotta collect and store all the data before you can figure out who needs to be looked at more closely.

[Tom]

WHY ARE WE MONITORING THE INTERNET? If you after terrorists then go after terrorists but why throw in everyone else?

"Going after terrorists" is not an activity, it is an excuse, a code, for tightening the reins of the people.

[Valuist]

And then the Brazilian market can re-visit the tech bubble/disaster we had in 2000. Remember "valuations don't matter, eyeballs (views) do." :rolleyes: