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Intel: US squeezes Islamic State’s cash flow with new sanctions

The United States and six other countries imposed fresh sanctions today on half a dozen targets accused of helping fund the operations of the Islamic State (IS or ISIS), including by funneling hundreds of thousands of dollars to the group’s leaders in Iraq and Syria.
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The United States and six other countries imposed fresh sanctions today on half a dozen targets accused of helping fund the operations of the Islamic State (IS or ISIS), including by funneling hundreds of thousands of dollars to the group’s leaders in Iraq and Syria. 

The economic pressure helps “bring the US and our partners one step closer to disrupting terrorist financing networks around the world,” US Secretary of State Mike Pompeo said. “The actions taken today serve as a further warning to individuals and businesses who provide financial support or material assistance to terrorist organizations."

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