Bloomberg Businessweek

After the Bombs Have Fallen

With Islamic State on the brink of battlefield defeat, the U.S. and Europe confront the threat at home

After Iraqi forces reclaimed control of Mosul, the country’s second-largest city, on July 10, Iraq Prime Minister Haider al-Abadi declared “total victory” over Islamic State. The American commander of the global coalition to defeat the group, U.S. Army Lieutenant General Stephen Townsend, said the loss of Mosul had dealt a “decisive blow” to the terrorist organization. With U.S.-backed Kurdish and Arab fighters preparing to capture Raqqa, the terrorists’ stronghold in Syria, President Donald Trump predicted “the total destruction of ISIS.”

Three years since the insurgent group declared the establishment of an “Islamic caliphate” straddling Iraq and Syria, it faces military defeat. Islamic State no longer possesses a base of operations from which

You're reading a preview, sign up to read more.

More from Bloomberg Businessweek

Bloomberg Businessweek5 min readPolitics
Putin’s Post-Crimea High Is Wearing Off
With oil prices falling—and taking living standards with them—the people are finding ways to express their discontent
Bloomberg Businessweek3 min read
Any Way You Slice It
Unless you’re developing a fertilizer, you probably don’t expect to disrupt the golf industry from the spare room of a sewage company. But that’s where Dean Snell found himself four years ago, holed up in an office with a single computer. “In the mor
Bloomberg Businessweek10 min readPolitics
Gaza Needs Cement to Rebuild Israel Dominates The Market
Mohamad al-Assar was asleep when his factory was bombed. On a steamy night in August 2014, he was awakened not by the explosion but by a phone call from the security guard at the plant. The concrete-mixing factory, 2 miles north of his home and adjac