Capturing the MidEast in short soundbites: poignant reflections by people who understand the complexities of the Middle East. My philosophy is: "less is more." You won't agree with everything that's here, but I'm confident you will find it interesting! Excepting the titles, my own comments are minimal. Instead I rely on news sources to string together what I hope is an interesting, politically challenging, non-partisan, non-ideological narrative.
Wednesday, July 30, 2014
Europe Funds al-Qaeda...Really
Paying Ransoms, Europe Bankrolls Qaeda Terror - Rukmini Callimachi
Kidnapping Europeans for ransom has become a global business for al-Qaeda, bankrolling its operations across the globe. While European governments deny paying ransoms, an investigation by the New York Times found that al-Qaeda and its direct affiliates have taken in at least $125 million in revenue from kidnappings since 2008, of which $66 million was paid just last year.
The U.S. Treasury Department has cited ransom amounts that total $165 million over the same period.
Counterterrorism officials now believe al-Qaeda finances the bulk of its recruitment, training and arms purchases from ransoms paid to free Europeans, making Europe the inadvertent underwriter of al-Qaeda.
(New York Times)
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