zaphod2 alerts us to a storm brewing in Europe over access by US intelligence agencies to EU banking data
. There is considerable opposition in Europe to extending this access. The submitter adds, "I wonder how long it takes until gambling, online games, or non-RIAA-approved music shops are considered supporters of terrorism." "US anti-terror officials want to be able to continue examining Europeans' financial transactions, and it appears likely that the European Union is going to comply. ... The US has been examining transactions handled by the Society for Worldwide Interbank Financial Transactions (SWIFT) since the 9/11 attacks... However, SWIFT, which is located in Belgium, is planning to move its servers and database — which is currently located in the US — to Europe. With data privacy laws far stricter in Europe, the US would then need permission from the EU before it could gain access to this sensitive information."