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Terror Networks
Caliphate in Decline - ISIS running short of other people's money
2017-02-23
[Breitbart] The Islamic State (ISIS/ISIL) is plagued by financial troubles, with annual revenue falling by over 50 percent over the last two years, a study finds.
The challenge of modern governance everywhere.
However, "the decline in revenues may not have an immediate effect on the group’s ability to carry out terrorist attacks outside its territory. While hurting Islamic State finances puts pressure on the organization and its state-building project, wider efforts will continue to be necessary to ultimately defeat it," points out the London-based International Center for the Study of Radicalization (ICSR) and accounting group Ernst & Young in its study.

Moreover, ISIS and its affiliates have expanded to multiple countries where they may find sources of income other than what is available to them in their so-called caliphate in Iraq and Syria.

Page 7 of the study outlines the specific sources of ISIS revenue.
Posted by:Besoeker

#4  I always thought a little wet work in Qatar and Soddy Arabia would put a stop to ISIS right quick.
Posted by: Abu Uluque   2017-02-23 13:04  

#3  ISIS running short of other people's money

Ah. I think I see the problem. They don't have paper money and a Fed.
Posted by: gorb   2017-02-23 10:53  

#2  McShhhhame to the ressssshhhhcue! "Friendssssshhhh, we schhhhhhimply mushhhhht not allow thesechhhhh moderate killershhhhhh to perischhhhhh from the Earth!"
Posted by: M. Murcek   2017-02-23 10:01  

#1  The article suggests that ISIS (terrorism) could be turning to the opium fields of Afghanistan as a potential funding source. Could there possibly be a proof of concept? And what of Chicago, Houston and LA? But I digress.

As the fledgling caliphate matures, it will likely move on to more advanced schemes of revenue creation such as; foreign aide programmes, weapons sales, and nuclear counter-proliferation, an ISIS NPR, Ernst & Young or RAND type studies. Did I mention weapons sales ?

[sarc off]
Posted by: Besoeker   2017-02-23 07:40  

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