Good news.....Daesh is now starting to feel the pinch. The loss of territory takes a lot of money away from them. This will slow down some of their recruiting to. What say ye? The so-called Islamic State is feeling the economic toll of waging wars on a number of fronts as more countries join the fight against it. ISIL, the worlds wealthiest terrorist group, is halving the wages for its fighters, according to a leaked document by ISILs treasury obtained by Aymenn Jawad al-Tamimi, a research fellow at the Middle East Forum. The document states: "Because of the exceptional circumstances that the Islamic State is passing through, a decision was taken to cut the salaries of the mujahedeen in half. No one will be exempt from this decision, no matter his position, but the distribution of food assistance will continue twice a month as usual." The memo also liberally quotes verses from the Koran and hadiths that downplay the importance of wealth, but emphasize the need for jihad. ISIL fighters reportedly earn between $400 and $600 a month (pdf), according the Congressional Research Service. Married fighters are also given an extra stipend per wife and child. ISIL had previously announced plans to produce their own currency, so they can remove themselves from the tyrannical monetary system that was imposed on the Muslims. The Islamic dinar was first introduced during the caliphate in the Seventh Century. Its unclear if the currency is yet fully operational. ISIL, which was once bringing in $80 million every month, may now have to continue cutting back on its infrastructure as airstrikes devastates its oil refineries and its ability to extract money from the citizens in its territory.....snip~ http://www.defenseone.com/threats/2...s-fighters-salaries-half/125258/?oref=d-river
Yep.. this was predictable.. The US bombed the Omar oil fields last month.. Omar produced 1.7 to 5 million $$ a month. http://www.nytimes.com/2015/11/13/u...isis-controlled-oil-fields-in-syria.html?_r=0
Moreover they lost over 240 villages in Syria and more in Iraq. Complete loss of revenue from those areas.
Don't forget the falling prices for crude oil. I really believe the low prices of crude oil is being manipulated by the Saudis and other OPEC nations to kill fracking in America and to bring down the American petroleum industries. The agenda, that America will again become dependent on imported oil.
Nah.. The US doesn't buy much oil from OPEC and almost none from KSA. Most of our oil imports come from Mexico and Canada. US oil production expanded rapidly since 2008.. it actually doubled to about 9 million bpd. The target is to deprive Iran of oil revenue.. and in turn to deprive ISIS.
Now see? This is what Sharia economics brings you. An initial surplus of money and then a death spiral. Once you make everyone your enemy there's no more free lunch.
Today we don't but we use to, remember those long gas lines during the oil embargo during the 1970's ? The Middle East want to see those days again when America is dependent on imported oil. The biggest threat to OPEC is fracking in America. The question is, where's all of that money that Americans are saving at the pumps going ? Nobody is buying stuff in America.
The oil embargo came about because of Israel.. They threatened to bomb the Saudi oilfields if they weren't resupplied.. King Faisel warned Nixon what the results would be.... However, KSA continued to provide fuel for US military in Vietnam. Fracking in America is no threat to OPEC.. OPEC has been fracking since 1990.
