“The jihadists banked a staggering ten-figure sum last year even as they suffered a string of defeats in its final months. New estimates show that ISIS generated more than $2 billion in 2015, with the terror group turning increasingly to extortion and taxation to make up for plummeting sales in oil and other natural resources. The findings, published by the European Center for the Analysis of Terrorism (CAT), suggest that while ISIS’ longterm prospects are grim, an imminent financial collapse is unlikely. The terror group also stands to generate oodles of cash for years to come, staving off extinction.”
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