die hard of terrorism : the final fate of ISIS (2)
👀 intellnews: The Islamic State is facing imminent financial collapse, according to a new study conducted by a London-based research group in association with one of the world’s leading international accounting firms. The recently launched report is entitled Caliphate in Decline: An Estimate of Islamic State’s Financial Fortunes . The analysis that forms the basis of the report was conducted by scholars at the International Center for the Study of Radicalization, a research center that operates out of the Department of War Studies at King’s College in London. The report’s authors were joined by financial analysts at Ernst & Young, a British-based company that is often referred to as one of the world’s ‘big four’ accounting firms. The report challenges the widely accepted claim that the Islamic State is the wealthiest terrorist organization in history. Its authors argue that the organization’s wealth is connected to its function as “a quasi-state”, with a geographi