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US, EU banking data sharing deal to make people safer: Obama

Last Updated: Thursday, July 08, 2010, 23:17

US President Barack Obama on Thursday said the deal between the Washington and the EU to tap into banking data for terrorism related investigations would make people safer, as he vowed to protect privacy and civil liberties.

Europe to share banking data for US terror probes

Last Updated: Thursday, July 08, 2010, 22:44

Europe agreed on Thursday to allow the United States to tap into banking data for terrorism investigations after securing safeguards to protect the privacy of European citizens.