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Reuters
Reuters
Politics

U.S., Turkey target financial network linked to Islamic State

The U.S. Treasury Department said on Thursday it was taking joint action with Turkey against a network it said played a key role in money management, transfer and distribution for the Islamic State militant group operating in Iraq and Syria.

Turkey's foreign affairs ministry said on Twitter the assets of seven individuals or legal persons involved in financing for the group were frozen.

The U.S. Treasury Department said four individuals and two entities in Turkey were designated under U.S. sanctions.

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