WORLD
Isis earns US$80 million monthly but starting to struggle
Baku, December 7 AZERTAC
The Isis group is pulling in some US$80 million a month, mainly from levies and confiscations, but is struggling financially as strikes hit its oil infrastructure, analysis firm IHS said Monday.
In a new report, IHS Conflict Monitor said that Isis, unlike other jihadist groups such as al-Qaeda, does not need to rely on foreign funding as it can count on revenues from the large parts of Syria and Iraq under its control.
Using open source intelligence including social media and sources inside the countries, IHS said it estimates the group's overall monthly income to be around US$80 million as of late 2015.
About half the revenues come from levies and confiscations, with Isis slapping a 20% charge on all services, IHS said. Some 43% comes from oil sales and the rest from drug smuggling, electricity sales and donations.
FEEDBACK
Other news in this section
- 24.04.2024 [16:57]
Court investigates business corruption accusation against wife of Spanish PM
- 24.04.2024 [16:42]
Hungarian foreign minister to visit Azerbaijan
- 24.04.2024 [16:22]
Türkiye rejects ‘one-sided’ statements on 1915 events
- 24.04.2024 [10:54]
China to launch Shenzhou-18 crewed spaceship on April 25
- 23.04.2024 [13:59]
Tunisia, Algeria, Libya agree to advance cooperation
- 23.04.2024 [13:33]
Copernicus report shows year of weather extremes in Europe
- 23.04.2024 [10:19]
4 missing after vessel hit bridge in China's Guangdong
Azerbaijan, Bahamas Gymnastics Federation embark on cooperation
- 23.04.2024 [15:57]
Slovenia hosts high-level conference of Nizami Ganjavi International Center
- 23.04.2024 [15:18]
Azerbaijan Army’s tanks units hold competition, Defense Ministry VIDEO
- 23.04.2024 [15:02]
Azerbaijan produces over 7 billion kWh of electricity in Q1 2024
- 23.04.2024 [14:43]
Another 39 families relocated to Fuzuli city get house keys VIDEO
- 23.04.2024 [14:01]
Tunisia, Algeria, Libya agree to advance cooperation
- 23.04.2024 [13:59]
Copernicus report shows year of weather extremes in Europe
- 23.04.2024 [13:33]
Heydar Aliyev International Airport: the path to development
- 23.04.2024 [13:03]
Azerbaijan, Albania abolish visa regime
- 23.04.2024 [12:44]
Oil prices in global markets
- 23.04.2024 [11:24]
Türkiye hosts inaugural event on ocean action, climate crisis
- 23.04.2024 [11:02]
Azerbaijani oil price declines in global markets
- 23.04.2024 [11:00]
4 missing after vessel hit bridge in China's Guangdong
- 23.04.2024 [10:19]
10 killed after 2 Malaysian military helicopters crash
- 23.04.2024 [10:12]
Inter Milan win Italian Serie A title with 5 games left
- 23.04.2024 [09:57]
Pakistan-Azerbaijan Economic Integration Model: An Expert Opinion
- 22.04.2024 [23:55]
Azerbaijani FM embarks on official visit to Czech Republic
- 22.04.2024 [23:47]
President Ilham Aliyev concluded his working visit to Russia
- 22.04.2024 [23:32]
President of Russia: BAM shapes global logistics for the entire 21st century
- 22.04.2024 [21:34]
Chair of Georgian Parliament’s committee visits Milli Majlis
- 22.04.2024 [21:08]