What are the economic consequences of terrorism?
Terrorist acts can cause ripple effects through the economy that have negative impacts. The most obvious is the direct economic destruction of property and lives. Terrorism indirectly affects the economy by creating market uncertainty, xenophobia, loss of tourism, and increased insurance claims.
What do you understand by transnational terrorism?
Transnational terrorist groups focus on the location of attacks as much as, if not more than, who is attacked in order to generate a wide message. The importance of location is demonstrated by the attacks in Paris in 2015 by the Islamic State group.
What were the economic impacts of 9 11?
The September 11 attacks in 2001 were followed by initial shocks causing global stock markets to drop sharply. The attacks themselves resulted in approximately $40 billion in insurance losses, making it one of the largest insured events ever.
What are the major challenges in combating transnational terrorism?
The top five challenges were (1) cultural differences and lack of trust, (2) differences in political views/foreign policy objectives, (3) differences in relationships with states from which extremists emerge, (4) lack of funding, and (5) lack of consensus about the underlying causes of terrorism (see figure).
How many people lost their lives on 911?
2,977 people
During the September 11 attacks in 2001, 2,977 people were killed, 19 hijackers committed murder–suicide, and more than 6,000 others were injured. The immediate deaths included 265 on the four planes (including the terrorists), 2,606 in the World Trade Center and the surrounding area, and 125 at the Pentagon.
What is the concept of transnational crime?
Transnational crimes are violations of law that involve more than one country in their planning, execution, or impact. Transnational crimes are distinct from international crime, which involves crimes against humanity that may or may not involve multiple countries.
What is transnational organized crime example?
Examples of transnational crimes include: human trafficking, people smuggling, smuggling/trafficking of goods (such as arms trafficking and drug trafficking and illegal animal and plant products and other goods prohibited on environmental grounds (e.g. banned ozone depleting substances), sex slavery, terrorism offences …