Al Qaeda, ISIS, and the Taliban are household names these days. Yet, in the climate of the ‘War on Terror’, how do organisations like these survive and even thrive? It takes more than just strong leadership and organizational skills to uphold the proper functioning of terrorist groups – it takes money. Terrorism is the culmination of costly planning. It includes the dissemination of ideology, maintenance of logistics, recruitment and training of operatives, and perpetration of the terrorist act itself. Financial activity related to terrorism accounts for an estimated 5% of the annual global output, or about $1.5 trillion US$.
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