al Qaeda News

Islamic State’s Business Model Must Be Disrupted: Bloomberg Editorial

What it means for a European nation and member of NATO to declare war against a stateless band of terrorists is an interesting and important question, made urgent by Islamic State’s brutal attack on Paris last Friday. As Europe and …

Global Acts of Terrorism Cost $52.9 Billion in 2014 – Highest Price Since 9/11

In the wake of Friday’s massacre in Paris, a new report says the world is paying the highest price for terrorism since the 2001 attack on New York’s Twin Towers. In 2014, acts of terror cost the world $52.9 billion …

Characteristics of ‘Charlie Hebdo’ Attack Thwarted Counter-Terrorism Efforts: RMS

A number of unique characteristics of the January 7 terrorist attack against satirical French magazine “Charlie Hebdo” allowed terrorists to succeed despite counter-terrorism efforts, according to a new report by Dr. Gordon Woo, catastrophist and terrorism risk expert at RMS, …

New York Judge: Al-Qaida Owes $9.3 Billion for 9/11 Harm

A magistrate judge in New York has recommended that al-Qaida be assessed $9.3 billion for the damage done to properties and businesses in the Sept. 11 attacks. Federal Magistrate Judge Frank Maas in a ruling Friday, Oct. 14, sent the …

Lloyd’s Syndicate Withdraws 9/11 Lawsuit Against Saudi Arabia

Lloyd’s London’s Syndicate 3500 filed a notice on Monday, Sept. 19, to voluntarily dismiss its federal lawsuit against Saudi Arabia over 9/11 claims. The lawsuit, first filed on Sept. 8, had asserted that Saudi Arabia as well as several Saudi …

Lloyd’s Syndicate Sues Saudi Arabia for $215M Over 9/11 Claims

Lloyd’s of London’s Syndicate 3500 filed a federal lawsuit against Saudi Arabia, several Saudi charity and financial organizations and prominent Saudi individuals over 9/11 terror attacks. The insurer said Saudi defendants bear primary responsibility for the attacks and should be …

World on Alert after U.S. Kills bin Laden

Osama bin Laden was killed in a U.S. assault on his Pakistani compound Monday. He was then quickly buried at sea, in a dramatic end to the long manhunt for the al Qaeda leader who had become the most powerful …