The self-proclaimed Islamic State announced Thursday that it planned to start minting its own currency. The Islamist extremist group, which is using terrorism and ground warfare in a bid to establish a caliphate in Iraq and Syria, said the move would help it operate outside the "tyrant's financial system." ISIS said it would explain exchange rates and other details regarding the currency — two gold coins, three silver, and two copper — in a later statement. Read more at CNN.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
Can Nigel Farage and Reform balance the books?Today's Big Question Nigel Farage has, for the first time, ‘articulated something resembling a fiscal rule’ that he hopes will win over voters and the markets
-
The best quality chocolateThe Week Recommends The milk and dark chocolate bars that win on depth and flavour
-
Crossword: November 3, 2025The Week's daily crossword
-
British warship repels 'largest Houthi attack to date' in the Red SeaSpeed read Western allies warn of military response to Iranian-backed Yemeni rebels if attacks on ships continue
-
Houthi rebels claim Red Sea ship attacksspeed read Iran-backed Yemeni group vows to escalate aggression towards Israel-linked vessels in revenge for Gaza war
-
Israel plans next phase of Gaza war as first hostages releasedSpeed read After four-day ceasefire 'we will not stop' until destruction of Hamas, says Israel
-
Mob storms Russian airport 'looking for Jews'Speed Read Plane from Israel surrounded by rioters chanting antisemitic slogans after landing in Russia's Dagestan region
-
Tuberville's military promotions block is upending lives, combat readiness, 3 military branch chiefs saySpeed Read
-
Ukraine's counteroffensive is making incremental gains. Does it matter in the broader war?Speed Read
-
US commissions first-ever Navy ship in a foreign portSpeed Read
-
British spy chief, Wagner video suggest Prigozhin is alive and freely 'floating around'Speed Read
