Al-Qaeda terrorist funds may be drying up

By Christine Duhaime | April 7th, 2010

According to a report by Foreign Policy, Al-Qaeda has been financially weakened by international efforts to combat terrorist financing but the Taliban still has plenty of money. The news stems from a talk given by David Cohen, the assistant treasury secretary for terrorist financing, at the Washington Institute for Near East Policy. Al-Qaeda groups have started engaging in extortion, drug trafficking and kidnapping to secure funding for their activities. You can read Mr. Cohen’s remarks at the Institute’s site here.

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