ISIS has Financial Troubles Along with Increasing Pressure from the West

World | September 15, 2017, Friday // 14:08
Bulgaria: ISIS has Financial Troubles Along with Increasing Pressure from the West Source: Twitter

The revenues of the Islamic State terrorist group have fallen five times in two years, according to the Italian newspaper La Stampa, quoted by BGNES.

The Italian media refers to documents found after the liberation of Mosul and other cities that were subordinated to ISIS. According to the Italian edition, which is based on data from the IHS Markit analytical center, from USD 80 million in 2015, ISIS's revenues fell to USD 16 million in 2017.

The main reason is the rapid loss of territory - from 250,000 km2 with a population of 10 million in 2015, to less than a quarter. Moreover, the war against jihadists has led to the destruction of oilfields, from which they have also received funds.

We need your support so can keep delivering news and information about Bulgaria! Thank you!

World » Be a reporter: Write and send your article
Tags: ISIS, financial crisis
Bulgaria news (Sofia News Agency - is unique with being a real time news provider in English that informs its readers about the latest Bulgarian news. The editorial staff also publishes a daily online newspaper "Sofia Morning News." (Sofia News Agency - and Sofia Morning News publish the latest economic, political and cultural news that take place in Bulgaria. Foreign media analysis on Bulgaria and World News in Brief are also part of the web site and the online newspaper. News Bulgaria