“U.S. TARGETS TERRORIST FINANCING WITH NEW ROUND OF SANCTIONS”
-Alan Rappeport, New York Times
Alan Rappeport of the New York Times reports on the newly imposed sanctions by theU.S. on 8 individuals and a business affiliated with the Islamic State in Yemen and with Al-Qaeda in the Arabian Peninsula. Rappeport writes the sanctions come with Treasury Secretary Mnuchin’s unveiling of the new Terrorist Financing Target Center in Saudi Arabia focused on finding individuals and entities that are using the international financial system to fund terrorism and other destabilizing activities. The center was first established as the Global Center for Combating Extremist Ideology earlier this year by President Trump during his trip to the Middle East. “President Trump has made attacking terrorist financing a priority in his first year in office,” Rappeport remarks, “and the Treasury has been increasingly working with Persian Gulf countries to freeze the assets of people who are plotting attacks.”
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