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G-20 Aims to Crack Down on Terror Financing

World leaders gathered this week at the Group of 20 summit in Hangzhou, China, have set a six-month deadline on formulating a strategy to stop the flow of money that finances terrorist activities. Prompted by recent attacks in Europe, the delegates representing the world's biggest economies agreed to develop a new Consolidated Strategy of Combating Terrorist Financing by March 2017. A joint statement released by the group called for methods to crack down on the financial gains that...

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