ISIS may lack funds to keep control of Iraqi, Syrian territory

Reuters reports: Islamic State (IS) militants may ultimately lose the war in Iraq and Syria because they do not have enough money to run the territory under their control, despite holding assets worth more than $2 trillion, international terrorism experts said.

The cost of running an entire administration – paying civil servants and the military, maintaining roads, schools, hospitals, electricity and water networks – is far beyond the reach of Islamic State, said Charles Brisard, an expert on terrorist financing and a consultant on business intelligence.

“That means there will probably come a time when the population could turn against the Islamic State, which is not the case at the present moment, especially … in Iraq,” Brisard said in an interview on Thursday. [Continue reading…]

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