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U.N. Seeks Tighter Sanctions as Qaeda Skirts Money Controls

Al Qaeda no longer needs large sums of money to mount terror attacks and is consequently able to finance its actions in less detectable ways, the chairman of a United Nations sanctions-monitoring committee said Monday. “We either strengthen the sanctions regime that the Security Council has implemented or we risk those sanctions falling into irrelevancy,” said Ambassador Heraldo Muñoz of Chile, the chairman of a panel examining the effectiveness of arms and travel embargoes against people and organizations tied to the terror group.Full Story

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