International Business Essay

768 words - 4 pages

ISIS

Introduction:

ISIS is a terrorist group led by Abu Bakr al-Baghdadi. It began as the Iraqi chapter of Al Qaeda. But the two groups always had disagreements, and ISIS broke away in 2014. Now ISIS and Al Qaeda compete for influence and recruits.

In 2011, a civil war broke out in Syria in response to efforts to overthrow dictator Bashar al-Assad. ISIS quickly took advantage of the chaos. The group now controls a vast territory in Syria and Iraq. They’ve become one of the largest, most successful, and most violent groups operating in Syria and Iraq. They execute prisoners of war, enslave minorities.

ISIS funds itself by selling oil, extracting taxes, and extortion. Until ...view middle of the document...

The volume of daily oil sales between ISIS and Turkey is reported to be in millions of dollars.

ISIS maintains itself through trade with Globally

All ISIS gang members receive salaries. These salaries total around $100 million a year. When logistic costs are factored in, it is evident the organisation possesses a huge economy. Turkey, Saudi Arabia and Qatar are the most significant economic props of ISIS. Money sent from Saudi Arabia and Qatar to ISIS goes to the organisation via Turkey into Syria.The organisation’s largest source of revenue is the profit it gains as a result of its commercial relations with Turkey.

Overview of UNITED STATES:

U.S. Strategy in the Region impact of ISIS (2)

President Obama has famously said “It is time we take some of the money that we spent on wars, use half of it to pay down our debt and then use the rest of it to do some nation-building right here at home.” Strategically speaking, the administration has made it clear that its priorities lay elsewhere. The much discussed, though little executed, “pivot to Asia” was one of the more compelling elements in recent American foreign policy. The pivot idea is based on the insight that East Asia is emerging as the demographic and economic center of the world and...

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