Analysis: An Economic Security Role for European Spy Agencies?
May 10, 2010 2 Comments

Economic spying
By JOSEPH FITSANAKIS | intelNews.org |
Last February, Spain’s intelligence service began investigating alleged suspicious efforts by foreign financial speculators to destabilize the Spanish economy. According to newspaper El País, the Spanish government asked the country’s Centro Nacional de Inteligencia (CNI) to probe links between speculative moves in world financial markets and a series of damaging editorials “in the Anglo-Saxon media”. There are indications that the National Intelligence Service of Greece (EYP) is following in the CNI’s footsteps. In February, when Athens and Brussels began to realize the magnitude of the financial crisis threatening the European common currency, several news outlets suggested that the EYP was cooperating with Spanish, Irish and Portuguese intelligence services in investigating a series of coordinated speculative attacks on money markets, most of which allegedly originated from London and Washington. Read more of this post








CIA declassifies internal review on Iraq ‘intelligence failure’
September 10, 2012 by Joseph Fitsanakis 8 Comments
An internal report on the alleged failure of the Central Intelligence Agency to accurately read the intentions of the Iraqi regime in the run-up to the 2003 invasion by the United States, has been declassified. The report, entitled Misreading Intentions: Iraq’s Reaction to Inspections Created Picture of Deception, was authored in 2006, classified ‘secret’. It was prepared by the CIA’s Directorate of Intelligence (DI), the part of the Agency that is responsible for collating and assessing gathered intelligence in order to assist the decisions of US policy-makers on key foreign issues. The report describes what it sees as the DI’s intelligence failure to assess the true state of Iraq’s purported weapons of mass destruction program in the run-up to the US invasion. It says that invalid predispositions and “analytic liabilities” among CIA analysts prevented the Agency from seeing the issue of weapons of mass destruction from the viewpoint of the Iraqi government. Although heavily redacted, the report seems to state that CIA analysts spent little time examining the view, held by many at the time, that the Iraqi regime had in fact terminated its WMD program by 1995. Furthermore, Agency analysts failed to realize in time that, although it had terminated its WMD program, the Iraqi regime maintained a deliberate policy of ambivalence about the purported existence of the program, in order to save face, deter potential adversaries and appear more dangerous than it actually was. Such a policy of deception was well within the character of the Iraqi regime and should have been detected by American intelligence experts, says the report. Read more of this post
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