cryptogon.com

Using off-the-shelf chemicals, Tarnovsky soaked chips in acid to dissolve their hard outer shells. Then he applied rust remover to help take off layers of mesh wiring, to expose the chips’ cores. From there, he had to find the right communication channels to tap into using a very small needle.

Even once he had done all that, he said he still had to crack the “huge problem” of figuring out how to avoid traps programmed into the chip’s software as an extra layer of defense.

“This chip is mean, man — it’s like a ticking time bomb if you don’t do something right,” Tarnovsky said.

Joe Grand, a hardware hacker and president of product- and security-research firm Grand Idea Studio Inc., saw Tarnovsky’s presentation and said it represented a huge advancement that chip companies should take seriously, because it shows that presumptions about security ought to be reconsidered.

China’s currency reserves grew by more than the gross domestic product of Norway in 2009. Its $2.4 trillion of reserves is a bubble all its own, one growing before our eyes with nary a peep out of those searching for the next big one.

The reserve bubble is actually an Asia-wide phenomenon. And we should stop viewing this monetary arms race as a source of strength. Here are three reasons why it’s fast becoming a bigger liability than policy makers say publicly.

One, it’s a massive and growing pyramid scheme. The issue has reached new levels of absurdity with traders buzzing about crisis-plagued Greece seeking a Chinese bailout. After all, if economies were for sale, China could use the $453 billion of reserves it amassed last year to buy Greece and Vietnam and have enough left over for Mongolia.

Mr Palmer says the $69 billion, 20-year offtake deal was signed last Friday with China Power International.

“Absolutely not,” Geithner said, when asked in an ABC News interview broadcast yesterday whether a downgrade is a concern. “That will never happen to this country.”

Geithner said investors around the world turn to U.S. Treasury securities and dollar-denominated assets whenever they are worried about global stability. That reflects “basic confidence” in the U.S. and its ability to bounce back from the global recession, he said.

Moody’s Investors Service Inc. last week said the U.S. government’s bond rating will come under pressure in the future unless additional measures are taken to reduce budget deficits projected for the next decade.

The U.S. plans to rein in the deficit once the labor market recovers, Geithner said. In the short run, that means focusing on ways to “make sure that this economy is growing again,” he said. The administration says the deficit will shrink over the next four years as more Americans find jobs and the economy accelerates.

An immigration judge in Nashville, Tennessee ruled that parents Uwe and Hannelore Romeike, and their five children, are free to stay in the US, where they have been since 2008, news agency AP reported late on Tuesday.

The parents, who came from the state of Baden-Württemberg, allege they were persecuted for their faith and defiance of Germany’s compulsory school attendance since those who do not comply face fines and jail time.

According to Uwe Romeike, his family was fined the equivalent of some $10,000 over two years, but could not afford to make payments after their court appeals failed.

“I think it’s important for parents to have the freedom to choose the way their children can be taught,” Romeike told AP, later adding that German curriculum was increasingly “against Christian values.”

In October 2006, police forcefully took the family’s children to school in their home town of Bietigheim-Bissingen when they refused to do so themselves. One year later, the country’s high court ruled that in some similar cases the state could take children from their parents.

“We knew we had to leave the country,” Romeike, whose case was represented by the Home School Legal Defense Association, told the news agency.

Lachlan Cranswick, 41, who worked at the National Research Council’s Canadian Neutron Beam Centre, based at the Atomic Energy of Canada Limited Chalk River Laboratories, has been missing since Jan. 18 from the small community 200 kilometres northwest of Ottawa.

He was last seen leaving work that day.

Colleague Daniel Banks, who is the strategic planning and communications officer at the centre, said he was surprised to hear about Cranswick’s disappearance.

“There was no indication that anything was unusual,” he said.

None of the two dozen people who work at the centre reported noticing anything different about Cranswick’s mood in the days before his disappearance.

“He seemed quite normal as far as that goes,” Banks said.

He described Cranswick as quiet, but active in the community. He was on the executive of the local curling club, and was reported missing by club members when he failed to show up for a tournament.

Originally from Australia, Cranswick worked in England before starting as a research scientist at the neutron beam centre in 2003, Banks said. His job was to collaborate with scientists all over the world who wanted to make use of the facility. When they came to collect data, he would help them with measurements and analysis.

Cranswick has no relatives in Canada, but family members in Australia have been notified of his disappearance, Banks said. His colleagues believed he lived alone and was not in a relationship.

His co-workers at the neutron beam centre are currently contacting his collaborators around the world to see if they have any additional information about his plans.

Patrick F. Kennedy, an undersecretary for management at the State Department, said Abdulmutallab’s visa wasn’t taken away because intelligence officials asked his agency not to deny a visa to the suspected terrorist over concerns that a denial would’ve foiled a larger investigation into al-Qaida threats against the United States.

“Revocation action would’ve disclosed what they were doing,” Kennedy said in testimony before the House Committee on Homeland Security. Allowing Adbulmutallab to keep the visa increased chances federal investigators would be able to get closer to apprehending the terror network he is accused of working with, “rather than simply knocking out one solider in that effort.”

The committee’s hearing continues a series across Capitol Hill that started last week, all looking into the events leading up to and after the attempted bombing of Flight 253 over Detroit. Law enforcement officials say Abdulmutallab tried to detonate an explosive hidden in his underwear on board the flight from Amsterdam shortly before its landing at Detroit Metropolitan Airport in Romulus on Christmas Day.

Since the failed attack, criticism has swirled around leaders of the U.S. intelligence community who have indicated they were warned by the suspect’s father about a month before the flight of a potential terror threat, but failed to stop Abdmutallab, despite other warning signs like the fact that he purchased a one-way ticket to Detroit with cash.

Politicians have also criticized the decision to treat Abdulmutallab as a civilian after the arrest in Michigan, with Miranda rights being read to him after less than an hour of interrogation and without input from the intelligence community.