Airstrikes take out ISIS storage areas for cash

The US Military said Wednesday that it has conducted airstrikes on ISIS storage areas for cash, denying the militants use of tens of millions of dollars.

Pentagon Spokesman Colonel Steve Warren, in a briefing from Baghdad, said that nine strikes have been carried out in the group’s Northern Iraqi stronghold of Mosul.

Warren also said there could be civilian casualties in these attacks, but he insisted that number is in the single digits so far.

U.S. Defense Secretary Ash Carter won agreement Wednesday from defense ministers from France and five other nations to intensify the campaign against Islamic State militants in Iraq and Syria.

Targeting ISIS finances is a key part of the coalition’s strategy to defeat the radical Islamist group.

Iraqi officials said the militants had looted nearly half a billion dollars from banks in Mosul and other Northern cities in 2014.

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Warren said that along with strikes on ISIS oil facilities, strikes on the collection points were also having an impact.

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