Problems with tracking Terrorist financing Research Paper

Problems with tracking Terrorist financing - Research Paper Example Therefore, when terrorists chose to go back to traditional methods of carrying out their financial transactions, like using cash instead of electronic cards or so, it becomes difficult for the authorities to track such activities. Moreover, terrorists have adopted new techniques of helping them carry out their activities without getting suspected. This paper will broadly look into the findings brought forward in a research done by Torrey Carpenter about the difficulties that national government authorities encounter while trying to identify the financiers of terrorists. He will also suggest a possible solution to the identified problem, present various critics that relate to the problem as well as provide a discussion on the implications that the problem pose. There exist many definitions of terrorism depending on an individual’s point of view. According to one theory, it can be considered to be the illegal use of power or aggression against people or properties with intentions of threatening or pressurizing a government or its society to extend particular political or social goals. According to various law enforcements, Torrey discovers they acknowledge that acts of terrorism can either be domestic or international. Under domestic terrorism, the action is based and carried out within a country and is executed by the country’s own citizens without any outer or foreign enforcers. On the other hand, international terrorism, which is usually linked to foreign groups or governments, involve invasion by the foreign terrorists into a target country. Terrorism has no boundaries and, therefore, any nation around the world is vulnerable to it. He acknowledges that the act, whether carried out internationally or locally, requires a lo t of funding, and up to now, the mystery about who funds the terrorists have not been solved. Since it is an act that involves a lot of damages, be it direct or collateral,