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Neno's Place Established in 2006 as a Community of Reality


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Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality


Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.

Established in 2006 as a Community of Reality

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


    ISIL in “Deep Financial Trouble”

    jedi17
    jedi17
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    Posts : 10738
    Join date : 2013-02-20

    ISIL in “Deep Financial Trouble” Empty ISIL in “Deep Financial Trouble”

    Post by jedi17 Sat 18 Feb 2017, 9:20 pm

    ISIL in “Deep Financial Trouble”

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    February 18, 2017 in [You must be registered and logged in to see this link.][You must be registered and logged in to see this link.]

    According to a report released by London-based International Centre for the Study of Radicalization (ICSR) and accounting group Ernst & Young, the Islamic State organisation (IS, ISIS, ISIL, Daesh) is in deep financial trouble.
    In an interview, ICSR director Peter Neumann stated out that the report clearly shows that while IS used to be the world’s richest terror group, IS’s business model is now failing due to its loss of territory and resources.
    Neumann pointed out that IS biggest financial strength at its height of power was the ability to loot and extract money through taxes in newly conquered territories, that strength has now become its most significant weakness.
    The data quoted in the report is based on captured internal IS documents, as well as a review of previous analyses. The report challenge previous estimates of the IS’s finances by the US-led coalition, which it claims may have been exaggerated.
    Researchers also believe that the imminent loss of Mosul would result in a major drop in revenue for IS and a significant setback for the financing of its battlefield apparatus.
    The study will be presented at the Munich Security Conference on February 18.

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