Where Islamic State gets its money
It will not be easy to defeat the brutal jihadists of Islamic State (IS), as the American-led coalition against the group aims to do. IS is one of the best-financed terrorist organisations in the world, except for state-backed ones. There is no credible estimate of the secretive group’s net worth, but in October 2014 an American official described it as amassing wealth at “a pretty massive clip”. It pays fighters around $400 a month...
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