Wednesday 4 January 2017

Coin trade may help finance ISIL


After Airstrikes On Its Oil, ISIS Reportedly Can't Pay Its Fighters,
ISIS may have lost a lot of its income in 2016 thanks to coalition efforts to cripple its revenue streams. U.S. counterterrorism officials say ISIS is struggling to pay its fighters after airstrikes destroyed more than 1,200 ISIS oil tanker trucks over the past 15 months. [...] experts say ISIS can change how it makes money.[...] ISIS already sells artifacts looted from areas it controls. It's released videos of buildings and statues being smashed, but other antiquities like coins or artwork can be sold on the black market for thousands of dollars. ISIS also makes hundreds of millions of dollars in tax revenue. Once it takes over a territory, it taxes residents on everything from crops to medicine to bank transactions.

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