Terrorism’s new target: Econo-Jihad

Jihadist terror organizations have set economic terrorism as their new target, intending to harm and paralyze Western economies, the United Sates in particular, claims Prof. Gabriel Weimann, expert researcher of terrorism over the Internet at the University of Haifa. Prof. Weimann monitored websites hosted by terrorist and terrorism-supporting organizations and concludes: “For the Jihadists, the present economic crisis signifies an ideal opportunity and platform to leverage a economic terrorist campaign.”

In the course of a study that was carried out over a number of years, Prof. Weimann surveyed public and encoded websites run by Islamic terrorist organizations, forums, video clips, and practically all the information related to Islamic Jihad terrorism that is flowing through the network. According to Prof. Weimann, the focus on economic terrorism was set in motion with the September 11 attack on the Twin Towers, when Osama bin Laden stated on the video tapes that he sent out that these attacks mostly damaged the United States’ economic base and that these attacks, which cost $500,000 to carry out, cost the U.S. $500 billion. Other publications by bin Laden himself and by other terrorist leaders show that they understand that Western and U.S. power lies in their economic strength.