Islamic State Funds Caliphate With Mosul Dam as Terror Spreads

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Islamic State militants who last week captured the Mosul DamBloomberg Terminal, Iraq’s largest, had one demand for workers: Keep it going.

Arriving in their Toyota pickup trucks, armed with Kalashnikov assault rifles and wearing a patchwork of military uniforms, robes and turbans, jubilant militants from the al-Qaeda breakaway group told workers hiding in management offices they would get their salaries as long as the dam continued to produce electricity for the region under their control, according to a technician who was at the dam when nearly 500 militants drove off Kurdish troops.