Getting to them through their money
Article Abstract:
US Pres George Bush aims to clamp down on the financing of terrorism, but banking secrecy in many countries will hamper this battle. Even tackling money laundering will not necessarily hit terrorist funds, since terrorist money is often 'clean', coming from individual donations.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
The financial front line
Article Abstract:
The UK, the European Union and the US have all unveiled measures to try to cut the flow of funding to terrorists. The US and the UK are also trying to get the rest of the world to agree binding terrorist-related rules, but enforcing any rules will be tough.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
Cheap and trusted
Article Abstract:
Moves by the US and the UK to crack down on terrorists' funding threatens the hawala system of informal money transfers. It is known that criminals do use such informal networks, but so do many expatriate workers sending money home to their families.
Publication Name: The Economist (UK)
Subject: Business, international
ISSN: 0013-0613
Year: 2001
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: Put them in irons. The scandal continues. Thriving, for now
- Abstracts: A turn to the right? Substance or just style. A magician in Japan
- Abstracts: A dangerous bear dance. Terminal condition: Japan's oil industry. Dumas goes down
- Abstracts: Choosing the messenger. The spin doctors get serious. PR man in father-in-law slur shock
- Abstracts: Finance: trick or treat? The future of finance