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    G8 CALLS WORLD TO TOUGHEN COMBAT AGAINST TERROR FINANCING

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    BOCA RATON, FLA, USA, FEBRUARY 8, RIA NOVOSTI - The G8 countries' Finance Ministers and Central Bank presidents held a two-day conference in Boca Raton, Florida. Their summing-up statement calls the world to step up efforts against terrorism financing, and do more to freeze shadow finances and suspicious nonprofit organisations' assets, and fight their underhand transactions.

    The G8 appeals to the International Monetary Fund and the World Bank to make permanent all-round evaluations of the various countries' efforts against terror financing. It calls for greater transparency of financial market monitoring standards for offshore centres which ignore established patterns.

    Efforts against terrorism financing were among top priorities on the conference agenda.

    An appalling blast in the Moscow metro came on the conference eve to take close on forty lives and injure more than a hundred. Alexei Kudrin, Russia's Finance Minister and Deputy Prime Minister, who represented his country in Boca Raton, started his address to the gathering with an account of the cruel terror act.

    All his colleagues condoled with Russia, and expressed solidarity with it in the Moscow plight. In particular, John Snow, US Secretary of the Treasury, made a special written statement, Mr. Kudrin said to Novosti.

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