By Jenny Park
On the same day that the UN Security Council adopted an
international counterterrorism resolution, the U.S. Treasury imposed sanctions on 11 people and one entity that funded terrorist groups,
including the Islamic State. The sanctions freeze the individuals’ assets and
bars U.S. citizens from doing business with them. Since the targeted
terrorist groups raise much of its funds locally - thus, beyond the scope of
government reach - the impact of these sanctions is unclear. Nonetheless, the
purpose is to publicly expose those involved and to restrict the flow of
money.
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