"It is a failed state. Unlike other countries in the region, it does not have a semblance of government. This makes it the most vulnerable,"
ISIS is broke, and only accepting payments in US dollars | New York Post - 1 views
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Faced with a cash shortage in its so-called caliphate, the Islamic State 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. After America blew up Isis's money hideout, they have hit a skid with the money not coming in and the war still raging on.
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The US was able to commit such detrimental airstrikes to ISIS currency storage facilities that the "caliphate" is now cutting salaries. Millions of their finances have been drained since this attack.
Islamic State gains Libya foothold - BBC News - 0 views
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Moreover, Libya is rich in oil and, earlier this month, gunmen claiming to represent IS raided a French-run oil facility in al-Mabruk, south of Sirte city,
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many IS-aligned fighters collect salaries from the Libyan state," Jason Pack, a researcher in Libyan history at the UK's Cambridge University, told the BBC.
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The Isis economy: Meet the new boss - FT.com - 0 views
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Iraq’s second city of Mosul looks like a model of success for its new rulers from the Islamic State of Iraq and the Levant
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But in the back alleys, litter fills the streets. The lights stay on, but only because locals rigged up generators themselves. And under the blare of café televisions, old men grumble about life under Isis’s self-proclaimed caliphate.
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“We’ve endured international sanctions, poverty, injustice. But it was never worse than it is now.”
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This Is How ISIS Smuggles Oil - 0 views
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Turkish-Syrian border
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The militants can make more than $1 million a day selling oil from fields captured in eastern Syria.
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In recent months, the government has vowed to crack down on illicit oil, and police have targeted smuggling routes, seizing oil drums and digging up pipelines.
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How ISIS makes its millions - CNN.com - 2 views
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Oil-smuggling operations involving millions of barrels have recently been uncovered.
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oil comes from wells and refineries that ISIS has taken over inside northern Iraq and northern Syria
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until very recently it was easy to smuggle it into this quiet part of southern Turkey.
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Is Libya on the brink of a new civil war? - Al Jazeera English - 0 views
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former rebel fighters who helped to oust Gaddafi are now jostling among themselves for power
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The country is flooded with weapons
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In the past year alone, more than 80 people, many of them high-ranking military and police figures, have been killed in eastern Libya.
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ISIS' finances are taking a serious hit, and it's hurting morale inside the terror group - 0 views
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As a US-led coalition hammers ISIS' oil infrastructure and other financial institutions in the Middle East, the terror group has cut salaries and infighting has broken out within the rank and file and senior leadership. Some units pay has been cut in half, and others are not even being paid. This is causing more in house fighting between the higher ups, which is crippling the ISIL units in general
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