Islamic State Income from Looted Antiquities Grossly Overestimated

09 Dec 2014 12:20 PM | Anonymous

Islamic State Income from Looted Antiquities Grossly Overestimated 

Western media keep portraying IS as an organization that exploits Syrian cultural heritage in order to finance its campaign of terror, but new research published in Die Zeit suggests that this image is largely inaccurate.

Last June, the Guardian estimated that IS had generated $36 million from the sale of antiquities "up to 8,000 years old" stolen from archaeological digs from Syria's al-Nubuk region. The German weekly newspaper Die Zeit reported that an analyst from the American think tank Brookings estimated IS's total income from the sale of antiquities as nearer to the $100 million mark.

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