Nations that allow the financing of terrorism may face sanctions in a Kerry administration. Sen. John Kerry (D-Mass.) singled out what he said was President Bush’s “kid-glove approach to the supply and laundering of
orist money” in Saudi Arabia. “If I am president, we will impose tough financial sanctions against nations or banks that engage in money laundering or fail to act against it,” Kerry said in a major policy speech on terrorism, delivered last Friday at the University of California at Los Angeles.
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