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Showing posts with label Wealth. Show all posts
Showing posts with label Wealth. Show all posts

Friday, October 24, 2014

The World's Wealthiest Terrorists

The Islamic State makes about $1 million a day from sales of oil it has seized at war. It has generated $20 million this year alone in ransom. And it has taken untold sums of additional cash at gunpoint in the Syrian and Iraqi towns it controls, and through donations it solicits from sympathizers through social media.

Those are all assessments of the Treasury Department, which is highlighting its expanded efforts to cut offISIS’s funding as part of the broader war against the terrorist group. As explained by David Cohen, the department’s undersecretary for terrorism and financial intelligence, the targeting ofISIS’s money stream is both harder and easier than similar efforts against al-Qaeda.
Cohen’s detailed account of the department’s findings come as the U.S.-led military campaign against ISIScontinues, and he said there were indications that ongoing airstrikes in Iraq and Syria have begun to “hamper its ability” to generate revenue from oil smuggling.


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Tuesday, July 15, 2014

VIDEO: Hamas, the millionaires' club


Hamas got rich as Gaza was plunged into poverty


With multi-million-dollar land deals, luxury villas and black market fuel from Egypt, Gaza's rulers made billions while the rest of the population struggled with 38-percent poverty and 40-percent unemployment.
Doron Peskin
Published: 07.15.14, 16:12 / Israel News

While the fighting is only expected to worsen the distress of the residents of Gaza, the Strip's economic outlook for the Strip was never good. The unemployment rate in Gaza stood at approximately 40% before the latest conflict, with a similar proportion being classed as living under the poverty line.


But while most of the Gaza population tries to deal with the difficulties of daily life, it seems that one sector at least has had few worries about their livelihoods - Hamas leaders and their associates.

http://www.ynetnews.com/articles/0,7340,L-4543634,00.html