Monday, February 22, 2016

DESTROYING THE ISLAMIC STATE ECONOMY

Islamic State, which is frozen out of traditional financial institutions by international sanctions, operates a cash economy and controls most means of production, including factories producing cement, flour and textiles.
U.S. officials have described it as the world's wealthiest terrorist group. The group looted nearly half a billion dollars from banks in areas it seized in 2014, and besides smuggling oil has derived millions of dollars from taxes and ransoms.
 
 

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