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Saturday, December 19, 2015

Follow the money

Islamic State: UN resolution aims to curb funding


Boys play in the remains of an oil refinery reportedly targeted by the US-led coalition aircraft near northern Syrian town of Tal Abyad (2 October 2014)
Finance ministers from the 15 nations on the UN Security Council have adopted a resolution aimed at starving the so-called Islamic State of funds.
The resolution is based on one that was first passed in 1999 to target the rival jihadist group, al-Qaeda.
It urges countries to "move vigorously and decisively to cut the flow of funds" to IS, such as by preventing its smuggling of oil and antiquities.
The militant group is widely believed to be the world's wealthiest.
A recent study estimated that its monthly revenue was $80m (£53m).

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