Islamic State must keep expanding to survive: financial report

February 27, 2015 10:09 AM

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Islamic State must keep expanding to survive: financial report

WASHINGTON (Reuters) - International investigators said on Friday that in order for the Islamic State to remain financially viable it would have to further expand territory it controls in Iraq and Syria and take over more resources.

The Paris-based Financial Action Task Force (FATF) said in a report that the Islamist group's need for large amounts of money to govern areas it has conquered meant it was uncertain how long it could finance its current level of activity.

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