Topic: U.S. Presses for U.N. Resolution to Fight ISIS’ Financing - page 2. (Read 977 times)
The de-stablization of the middle eastern region is nothing but an excuse to revisit to steal commodities and all the while take away civil liberties back at home in the name of fighting the invisible enemy (terrorism).
Is this some sort of a joke?
Everyone knows that a large part of the ISIS revenues are coming from Turkey (which happens to be one of the foremost allies of the United States in the region, and an important member of the NATO), in exchange for crude oil. If the Americans really want to stop the ISIS funding, then they should ask Turkey to stop buying oil from the ISIS.
Everyone knows that a large part of the ISIS revenues are coming from Turkey (which happens to be one of the foremost allies of the United States in the region, and an important member of the NATO), in exchange for crude oil. If the Americans really want to stop the ISIS funding, then they should ask Turkey to stop buying oil from the ISIS.
WASHINGTON — The United States and Russia are negotiating a new resolution at the United Nations Security Council intended to strengthen international efforts to cut off revenues that the Islamic State raises to govern territory and spread its ideology.
The United States, as the rotating president of the Security Council, is pressing for the adoption of the resolution at an unusual gathering on Dec. 17, at which some of the finance ministers from the 15 members of the council are expected to attend.
The new resolution against the Islamic State would be based on one first passed in 1999 to target the financing of Al Qaeda and Osama bin Laden, its leader at the time. A similar measure was passed in February, directed at the Islamic State, but Russia, which holds veto power as a permanent member of the Council, has complained that it is routinely flouted.
Russia’s ambassador, Vitaly I. Churkin, said Friday that Moscow wanted the new measure to include a provision that required the secretary general’s office to report who is violating the prohibitions. He declined to elaborate.
“We decided to do a joint draft to tighten the screws on those who trade with ISIL,” Mr. Churkin said, referring to the Islamic State, also known as ISIS or ISIL He added that such a measure would “toughen the stance of the international community on our fight against terrorists.”
The sources of the Islamic State’s revenues are broadly known, but officials have acknowledged that many of the details have proved elusive and difficult to combat.
In addition to a steady trade in oil, the group extracts even greater amounts of money from people in the territory it controls, by imposing taxes, fees and penalties on activities from business to looting antiquities. To a lesser extent it also relies on money transfers in and out of Syria and Iraq — flows of money that the new resolution would seek to halt.
By most estimates, the group raises more than a billion dollars a year, which it uses to fund its fighters and provide basic services in its territories in Syria and Iraq. That has made it arguably the wealthiest terrorist organization in the world.
The new effort by the United States comes as controversy over the Islamic State’s finances divides countries deeply involved in the conflict in Syria and Iraq, but American officials and diplomats said there was a growing consensus that more needed to be done.
Treasury Secretary Jacob J. Lew will preside over the meeting in New York. Administration officials said it would be the first meeting of the Security Council to involve finance ministers from some of the council’s current 15 members, and they expressed hope that the resolution, still being drafted, would be adopted by then.
“Cutting ISIL off from the international financial system and disrupting its financing are critical to effectively combating this violent terrorist group,” Mr. Lew said in a statement.
http://www.nytimes.com/2015/12/05/world/middleeast/islamic-state-revenue-united-nations.html?ref=world
The United States, as the rotating president of the Security Council, is pressing for the adoption of the resolution at an unusual gathering on Dec. 17, at which some of the finance ministers from the 15 members of the council are expected to attend.
The new resolution against the Islamic State would be based on one first passed in 1999 to target the financing of Al Qaeda and Osama bin Laden, its leader at the time. A similar measure was passed in February, directed at the Islamic State, but Russia, which holds veto power as a permanent member of the Council, has complained that it is routinely flouted.
Russia’s ambassador, Vitaly I. Churkin, said Friday that Moscow wanted the new measure to include a provision that required the secretary general’s office to report who is violating the prohibitions. He declined to elaborate.
“We decided to do a joint draft to tighten the screws on those who trade with ISIL,” Mr. Churkin said, referring to the Islamic State, also known as ISIS or ISIL He added that such a measure would “toughen the stance of the international community on our fight against terrorists.”
The sources of the Islamic State’s revenues are broadly known, but officials have acknowledged that many of the details have proved elusive and difficult to combat.
In addition to a steady trade in oil, the group extracts even greater amounts of money from people in the territory it controls, by imposing taxes, fees and penalties on activities from business to looting antiquities. To a lesser extent it also relies on money transfers in and out of Syria and Iraq — flows of money that the new resolution would seek to halt.
By most estimates, the group raises more than a billion dollars a year, which it uses to fund its fighters and provide basic services in its territories in Syria and Iraq. That has made it arguably the wealthiest terrorist organization in the world.
The new effort by the United States comes as controversy over the Islamic State’s finances divides countries deeply involved in the conflict in Syria and Iraq, but American officials and diplomats said there was a growing consensus that more needed to be done.
Treasury Secretary Jacob J. Lew will preside over the meeting in New York. Administration officials said it would be the first meeting of the Security Council to involve finance ministers from some of the council’s current 15 members, and they expressed hope that the resolution, still being drafted, would be adopted by then.
“Cutting ISIL off from the international financial system and disrupting its financing are critical to effectively combating this violent terrorist group,” Mr. Lew said in a statement.
http://www.nytimes.com/2015/12/05/world/middleeast/islamic-state-revenue-united-nations.html?ref=world
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