The second major point on which the principals had agreed on March 10 was the need to crack down on terrorist organizations and curtail their fund-raising. The embassy bombings of 1998 had focused attention on al Qaeda's finances. One result had been the creation of an NSC-led interagency committee on terrorist financing. On its recommendation, the President had designated Bin Laden and al Qaeda as subject to sanctions under the International Emergency Economic Powers Act. This gave theTreasury Department's Office of Foreign Assets Control (OFAC) the ability to search for and freeze any Bin Laden or al Qaeda assets that reached the U.S. financial system. But since OFAC had little information to go on, few funds were frozen. In July 1999, the President applied the same designation to the Taliban for harboring Bin Laden. Here, OFAC had more success. It blocked more than $34 million in Taliban assets held in U.S. banks. Another $215 million in gold and $2 million in demand deposits, all belonging to the Afghan central bank and held by the Federal Reserve Bank of New York, were also frozen. After October 1999, when the State Department formally designated al Qaeda a "foreign terrorist organization," it became the duty of U.S. banks to block its transactions and seize its funds. Neither this designation nor UN sanctions had much additional practical effect; the sanctions were easily circumvented, and there were no multilateral mechanisms to ensure that other countries' financial systems were not used as conduits for terrorist funding. Attacking the funds of an institution, even the Taliban, was easier than finding and seizing the funds of a clandestine worldwide organization like al Qaeda. Although the CIA's Bin Laden unit had originally been inspired by the idea of studying terrorist financial links, few personnel assigned to it had any experience in financial investigations. Any terrorist-financing intelligence appeared to have been collected collaterally, as a consequence of gathering other intelligence. This attitude may have stemmed in large part from the chief of this unit, who did not believe that simply following the money from point A to point B revealed much about the terrorists' plans and intentions. As a result, the CIA placed little emphasis on terrorist financing. Nevertheless, the CIA obtained a general understanding of how al Qaeda raised money.

What was a result of the Embassy bombings of 1998?

The center of an atom is held together by powerful forces. This gives them a huge amount of stored energy. This type of energy is called nuclear energy. This energy can be released and used to do work. This happens in nuclear power plants where they split apart the nucleus of an atom. This splitting apart is called nuclear fission. Another type of nuclear energy happens in the Sun. Here the atoms nuclei are not split apart. Instead, the nuclei of the atoms are fused, or joined together. This process is called nuclear fusion. Some of the suns energy travels to Earth. This energy from nuclear fusion warms the planet and provides the energy for photosynthesis.

What can be done with the stored energy that holds the center of atoms together?

She led the way into the cheerful schoolroom, where big girls and little girls were sitting about, amusing themselves in the quiet of a long Sunday afternoon. Several of the younger children ran to her as she came in, and stood holding fast to the folds of her black habit, staring up at the strangers, while she explained the kind of instruction given, the system, and the order reigning in each department. Finally, she persuaded a little girl, only six years old, to take her dusky face out of the long flowing veil of the nun, and show how quickly she could read a sentence that Sister Winifred wrote on the blackboard. Then others were called on, and gave examples of their accomplishments in easy arithmetic and spelling. The children must have been very much bored with themselves that stormy Sunday, for they entered into the examination with a quite unnatural zest. Two of the elder girls recited, and some specimens of penmanship and composition were shown. The delicate complexion of the little nun flushed to a pretty wild-rose pink as these pupils of hers won the Colonel's old fashioned compliments.
What were the specimens of penmanship shown for?