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ISIS, facing cash shortage, cuts back on perks and salaries
I thought we had this story a month or two ago? Was it bylined D.J. Wu?
[FOXNEWS] Faced with a cash shortage in its so-called caliphate, the Islamic State
...formerly ISIS or ISIL, depending on your preference. Before that al-Qaeda in Iraq, as shaped by Abu Musab Zarqawi. They're very devout, committing every atrocity they can find in the Koran and inventing a few more. They fling Allah around with every other sentence, but to hear the pols talk they're not really Moslems....
group has slashed salaries across the region, asked Raqqa residents to pay utility bills in black market American dollars, and is now releasing detainees for a price of $500 a person.

The forces of Evil who once bragged about minting their own currency are having a hard time meeting expenses, thanks to coalition Arclight airstrikes and other measures that have eroded millions from their finances since last fall. Having built up loyalty among bandidos bully boyz with good salaries and honeymoon and baby bonuses, the group has stopped providing even the smaller perks: free energy drinks and Snickers bars.

Necessities are dwindling in its urban centers, leading to shortages and widespread inflation, according to exiles and those still suffering under its rule. Interviews gathered over several weeks included three exiles with networks of family and acquaintances still in the group's stronghold in Raqqa, residents in djinn-infested Mosul
... the home of a particularly ferocious and hairy djinn...
, and analysts who say ISIS is turning to alternative funding streams, including in Libya.

In Raqqa, the group's stronghold in Syria, salaries have been halved since December, electricity is rationed, and prices for basics are spiraling out of reach, according people exiled from the city.

"Not just the hard boys. Any civil servant, from the courts to the schools, they cut their salary by 50 percent," said a Raqqa activist now living in the Turkish city of Gaziantep, who remains in close contact with his native city. But that apparently wasn't enough close the gap for a group that needs money to replace weapons lost in Arclight airstrikes and battles, and pays its fighters first and foremost. Those two expenses account for two-thirds of its budget, according to an estimate by Aymenn Jawad al-Tamimi, a researcher with the Middle East Forum who sources Islamic State documents.

Posted by: Fred 2016-02-17
http://www.rantburg.com/poparticle.php?ID=445626