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Thursday, January 21, 2016

New phase in anti-ISIS battle: 'Bomb the Daesh cash'

The US-led effort to fight Islamic State jihadists in Iraq and Syria has a new focus: bomb the "Daesh cash."  

Daesh - a widely used Arabic abbreviation for ISIS - have been hoarding millions of dollars in local currency and greenbacks across Iraq and Syria, much of it derived from illicit oil sales.

Colonel Steve Warren, a Baghdad-based spokesman for the US-led coalition that has been fighting the ISIS since August 2014, said nine strikes in Iraq and Syria in recent months have led to the destruction of "tens of millions" of dollars of this money. (READ MORE)