Sign in to comment!

Menu
Home

ECONOMY

Officials crack down on wildlife-product trafficking; say some imports may finance terrorism

Federal officials say the U.S. government is cracking down on the illegal trafficking of wild animal products across borders — especially through New York's Kennedy Airport, where some of the imports may be linked to terrorists.

U.S. Trade Representative Michael Froman and others spoke Monday at an airport news conference.

Froman says such trade is a threat to global security because it's driven by criminal elements. He says some terrorist groups have used profits from items such as rhinoceros horns and elephant tusks to finance their activities.

On display was a collection of wildlife products seized at Kennedy. They ranged from ivory disguised in a wooden statue to the stuffed head of a lion.

The single priciest item was a rhino horn. They can fetch $30,000 per pound.

Bank Rates

Loan Type Graph Rate +/- Last Week
30 Y Fixed Graph 3.97% dw 3.98%  
15 Y Fixed Graph 3.11% up 3.05%  
30 Y Fixed Jumbo Graph 4.24% up 4.23%  
5/1 ARM Graph 3.40% up 3.32%  
5/1 Jumbo ARM Graph 3.18% up 3.14%  
Loan Type Graph Rate +/- Last Week
$30K HELOC Graph 4.32% -- 4.32%  
$50K HELOC Graph 4.06% -- 4.06%  
$30K Loan Graph 5.05% -- 5.05%  
$50K Loan Graph 4.48% -- 4.48%  
$75K Loan Graph 4.50% -- 4.50%  
Loan Type Graph Rate +/- Last Week
36 M New Graph 2.96% up 2.94%  
36 M Used Graph 3.51% up 3.49%  
48 M New Graph 3.24% up 3.22%  
48 M Used Graph 3.03% dw 3.04%  
60 M New Graph 3.26% up 3.24%  
Loan Type Graph Yield +/- Last Week
6 month Graph 0.39% -- 0.39%  
1 yr Graph 0.72% -- 0.71%  
5 yr Graph 1.52% up 1.50%