Word: traded
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Dates: during 2000-2009
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...book, Seeds of Terror, journalist Gretchen Peters makes the compelling argument that the Taliban and al-Qaeda in Afghanistan have evolved (or devolved) from purely religious terrorist groups into narcoterrorism syndicates with religious overtones. The drug trade nets them $500 million a year in profits, resources the militants use in their fight against Western forces. Until that supply of cash is cut off, Peters argues, Western forces cannot defeat the militants...
...report that the Taliban and al-Qaeda are now raising $500 million a year from the opium trade. What does that mean in terms of their capabilities and what they are able to do with that sort of money? It's clear that drug money is paying for the Taliban's operational costs within Afghanistan. That means that every time a U.S. soldier is killed in an IED attack or a shootout with militants, drug money helped pay for that bomb or paid the militants who placed it. Opium funding helps pay for salaries, weapons, explosives and food. The Taliban...
Australian Prime Minister Kevin Rudd has warned that the detention of an Australian mining executive in Shanghai on espionage charges has the potential to upset China's trade relations with his nation and the rest of the world...
...China's Foreign Ministry rejected the criticism. "We attach great importance to the stable development of economic and trade relations, but we are firmly opposed to anyone stirring up the case and interfering with China's independent judicial authorities," said spokesman Qin Gang, according to the Associated Press. "This is not in the interest of Australia...
...result is a program that acts as a kind of matchmaking service between members and banks. The service began last year in Zhejiang, a coastal, trade-focused province south of Shanghai, where 600 businesses used Alibaba to acquire loans worth more than $146 million through China Construction Bank and the Industrial and Commercial Bank of China. This year the program has expanded to Guangdong, Shandong and Jiangsu provinces and several coastal cities including Shanghai and Shenzhen. Seven other banks, including Bank of China, China Merchants Bank and Shanghai-Pudong Development Bank, have signed on. Alibaba expects to facilitate more than...