International efforts to combat terrorist financing have lost momentum since successes that followed the September 11, 2001, terrorist attacks in the United States. Meanwhile, Al-Qaeda has changed the way it raises and delivers money for terrorist activities -- relying more on private donations or criminal activities like the drug trade and using informal transfer methods outside of the global financial system. Those are the findings of a new study -- "The Money Trail: Finding, Following, and Freezing Terrorist Finances" -- by experts at the Washington Institute for Near East Policy, in Washington, D.C. RFE/RL correspondent Ron Synovitz spoke about the report with one of its co-authors, Michael Jacobson, who has served as a senior adviser to the U.S. Treasury Department's Office of Terrorism and Financial Intelligence and as counsel on the 9/11 Commission. Please Read more

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