(New York Times) Sarah Almukhtar - The Islamic State has revenue and assets that are more than enough to cover its current expenses despite expectations that airstrikes and falling oil prices would hurt the group's finances, according to analysts at RAND Corporation. The Islamic State takes in more than $1 million per day in extortion and taxation. Salaries of Iraqi government employees are taxed up to 50%, adding up to at least $300 million last year.
2015-05-20 00:00:00Full ArticleBACK Visit the Daily Alert Archive