Patrick Adams(Strategic Analyst & RIEAS Research Associate)
Copyright: Research Institute for European and American Studies (www.rieas.gr) Publication Date: 26 October 2014
A victory for the Islamic State (IS) in Iraq and Syria would have a wide range of economic, social and political consequences. Economically, there would be a significant and damaging effect on the world's oil supply. Socially, not only would Iraq and Syria be affected but any country with a sizable Muslim population. Politically, there would be consequences due to the forming of new alliances between former foes and the type of the state the IS intends to Create. It is certain that if they win, the effects will be worse than the troubles in Somalia.... Read more