Hawala Banking and Objective Reporting

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Hawala Banking and Objective Reporting

Chapter 3:

The Hawala is an informal method of banking which is hidden in the public view, and transactions take place in a self-regulated, underground market. The Hawala system of banking is hard to follow transactions as it involves transferring money without actually transferring it from the point of remittance. For example, if person X wants to send money to person Y, it would not be a direct transaction in that person X will contact a middle man who will as well contact another middle man who will make arrangements with person Y to get the money. Based on this, it becomes extremely difficult to follow the transactions as money has been transferred to another person without action having to be transferred. Based on this, the hawala system of banking becomes suited for money laundering, and this is why it is preferred by terrorists to make money transfers since it cannot be traced. Therefore, the biggest challenge I would face with the hawala system would be tracking the transactions. To make sure that I am able to follow the transactions, I would begin with the person sending the money to the person whom they connected to make transactions, then follow that lead until the last person who was contacted to make the final arrangements. Based on this, it would be easy to follow the money.

Chapter 4:

Objective reporting is meant to portray issues and events in a neutral and unbiased manner, regardless of the writer’s opinion or personal beliefs. Based on experience, I can say that print media is more objective compared to televised reporting, especially during times of crisis. The reason why print media is more objective is that, unlike televised media, the correspondents and writers do not appear physically, and this means that it is impossible to read the facial expressions as well as the tone of the voice in which the reporter is displaying. All that we get from the print media is worlds, but it may have indirect impressions compared to televised media. Besides, televised media may be aired with the reporters without having to say a word, and this means that the interpretation can be ambiguous or wrongly interpreted by the viewers. The media has the right to publicity, and Homeland Security is a public organ, and therefore, it should not be censored.

Works Cited

White, Jonathan R. Terrorism and homeland security. Cengage Learning, 2016.