Juan Zarate, Assistant Secretary for Terrorist Financing and William Fox, Director of the Financial Crimes Enforcement Network (FinCEN), U.S. Department of Treasury at Washington Foreign Press Center Briefing on "U.S. Efforts in the Financial War on Terrorism." (Photo from the State Department)Terrorism Financing Blacklists At Risk -- Washington Post
Global System Faces Multiple Challenges
BRUSSELS -- The global blacklisting system for financiers of al-Qaeda and other terrorist groups is at risk of collapse, undermined by legal challenges and waning political support in many countries, according to counterterrorism officials in Europe and the United States.
In September, the European Court of Justice threw the future of the United Nations' sanctions program against al-Qaeda and the Taliban into doubt when it declared the blacklist violated the "fundamental rights" of those targeted. The Luxembourg-based court said the list lacked accountability and made it almost impossible for people to challenge their inclusion.
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My Comment: The elimination of the U.S. Patriot Act, cutbacks in military spending (in the next U.S. Administration), the unwillingness of allies to fight in the war against terrorism, supplying and trading with rogue nations like Iran .... I am not feeling safer now.