Study: This is Airadt Daesh after falling sharply

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Twilight News / spotted a recent study by a big drop in organizing "Daesh" revenues by over 50 percent compared to 2014.

And Izzat joint study between King's College London and Ernst & Young specializing in financial auditing and economic consulting this decline, in particular, to the loss of regulatory control over large areas of Iraq and Syria.

He said the study authors, that if the trend continues this way, it is likely to collapse "business model" shortly organization, is scheduled to launch the study on Saturday during the Munich International Security Conference.

According to the study, Daesh revenues of about $ 1.9 billion in 2014 fell to 870 million dollars on the far end 2016.

Regulation and lost a large part of the territory seized by since the invasion of Iraq in the summer of 2014 by up to more than 60% in Iraq and about 30% in Syria, according to the study.

The study showed that this also led to a decline in the number of people who get them Daesh tax, as currently controlled Daesh the sources of oil and gas is less, he said, "Ernst & Young" partner Stefan Haysnr: "Whenever shrunk areas shrinking financial balance of the terrorists."

According to the study, most of Daesh of tax revenues come (up to $ 400 million) and the sale of oil (up to $ 250 million), fell sharply revenue derived from looting and confiscations operations, which were at the beginning of the most important financial sources for the organization.

The estimated revenue "Daesh" from looting and confiscations operations estimated billion dollars before these sources dry up clearly in the absence of takeover "Daesh" on new areas, according to the study, the ransom money play a limited role in the size of the revenue "Daesh." The organization can not estimate the revenue from the sale of effects.

It is expected the study authors continued decline in revenues "Daesh" in light of the multiple attacks that are currently faced by the organization in Iraq and Syria, noting that the decline will be strong if it has regulatory control over the Iraqi city of Mosul, in particular.

The study authors said that "Daesh" in the future can once again rely on extortion and illegal trade, as was done in the past.

The study is based on data on the estimates of the maximum revenue that could be obtained by the organization. The study is based on the sources available to the public, including the leaked documents to the organization.

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