The Many Failures of the International Body That Monitors Terror Financing

Originally founded to combat money laundering, the Financial Action Task Force (FATF) had its remit expanded in 2001 to monitor the funding of terrorism. At its most recent meeting in February, it took the commendable step of moving Iran from its “grey list” of states that deserve scrutiny to its “black list” of states that should be sanctioned for supporting terrorist groups. Noah Phillips writes that the facts that the Islamic Republic, which has systematically sponsored and participated in terrorism since its creation, had not already been on the black list, and that Pakistan—which has singlehandedly sustained the Taliban—remains on the grey demonstrates FATF’s ineffectiveness. And there are other offenders the body ignores entirely:

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Read more at BESA Center

More about: Hamas, Iran, Pakistan, Palestinian terror, Qatar, Terrorism

 

Hizballah Bears Responsibility for the Beirut Blast

According to the Lebanese government, the explosion in its capital city on Tuesday that left over 100 dead and many more injured or homeless was caused by the accidental detonation of some 2,750 of ammonium nitrate, a fertilizer often used for making bombs. (Less than one-thousandth of that amount was used by Timothy McVeigh to destroy the Oklahoma City federal building in 1995.) Previously, police have discovered Hizballah warehouses in London and Germany storing many tons of the same explosive. Hussein Ibish comments:

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Read more at Bloomberg

More about: Hizballah, Lebanon