G-20 leaders vow to crack down on terrorist financing

London

GLOBAL leaders and markets are responding to the Paris atrocities and confirmation that a bomb caused the Russian airline crash with defiance. After sliding on Monday, tourism and other shares rallied, partly on the belief that the European Central Bank will boost monetary quantitative easing (QE).

At the G-20 meeting world leaders vowed tighter border controls, more intelligence sharing and a crackdown on terrorist financing. Analysts agree that governments, regulators, banks and businesses should do their utmost to counter the funding and business activities of ISIS and other terrorist organisations. They said that if the terrorists had less money, they would not be able to attract as many soldiers and followers.