CIA Chief Panetta Provides Economic Intel Brief

Highlighting the potential impact the worldwide economic downturn may have on global security and foreign policy, new CIA Director Leon Panetta said today that the agency is now producing a new daily intelligence document for President Obama and other top officials that focuses on economic issues.

Panetta says the new intelligence product, known as the Economic Intelligence Brief, is intended to make sure that policymakers “aren’t surprised by the implications of the worldwide economic crisis.”

The first brief was presented to the White House this morning, after a request from the Obama administration, Panetta said.

He said the briefs would “cover overseas developments –- economic, political, leadership developments,” as well as “the implications of those developments in terms of the U.S. economy.”

The new intelligence brief is another sign of the Obama administration’s focus on economic issues.

Since his first day in office, Obama has received daily briefings from his economic advisers that take place before the long-standard security briefing focused on the intelligence community’s daily assessment, known as the Presidential Daily Brief.

via Source