International efforts to cut off funding to Al-Qaida and Palestinian terrorists are paying off, a U.S. official said. “Anecdotally, what we’re seeing is that we are having a real impact on Al-Qaida and Hamas, both in terms of putting pressure on them financially but also in terms of creating deterrents both for donors to give money to them and how they’re able to move money,” Stuart Levey, Treasury undersecretary for terrorism and financial intelligence, said in a speech Wednesday in Washington. Since the Sept. 11, 2001, attacks in New York and Washington, the United States has cracked down on terror funding through its banks, a move mirrored in Europe and the Middle East.
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