Hindu Vivek Kendra
A RESOURCE CENTER FOR THE PROMOTION OF HINDUTVA
   
 
 
«« Back
Jihadists turning to economic terrorism

Jihadists turning to economic terrorism

Author:
Publication: Upi.com
Date: March. 2, 2010
URL: www.upi.com/Top_News/US/2010/03/02/Jihadists-turning-to-economic-terrorism/UPI-97581267548984/

Terrorists are increasingly looking to inflict economic damage on Western economies, a study says.

"Islamic terrorism's future devices will focus on targets that will yield the most economic damage," said the study's author, Gabriel Weimann, a professor at the University of Haifa in Israel.

"For the jihadists, the present economic crisis signifies an ideal opportunity and platform to leverage an economic terrorist campaign," said Weimann, who scrutinized 7,000 radical Islamic Web sites and forums over 11 years.

The research reveals Islamist terrorist organizations have grown more interested in operations that will cause the most economic damage such as attacks on Western multinational corporations, Muslim boycotts of their projects and assassinations of Western economic leaders, Weimann said.

He traced the focus on economic terrorism to the Sept. 11, 2001, attack on the World Trade Center in New York. Al-Qaida leader Osama bin Laden, the professor noted, has said on videotapes the attack cost $500,000 and inflicted $500 billion in U.S economic damage.

Terrorist leaders realize Western power lies in economic strength and have concluded jihad should focus on eroding it, the study said.

That helps explain why jihadist Web forums reveal growing interest in following Western finance-related media publications, expert economic analysis, unemployment and stock market fluctuations, Weimann said.



Back                          Top

«« Back
 
 
 
  Search Articles
 
  Special Annoucements