Talks necessary with IS: Dalai Lama

The Islamic State (IS) group harms Islam through its intolerance, but "dialogue" with the jihadists is vital, the Dalai Lama said in an interview reported yesterday by the Italian daily La Stampa.

"Islam is a religion of peace. Those who are intolerant harm their own faith and their own brothers," the Tibetan spiritual leader was quoted as saying in Bangalore, southern India, where he took part in a seminar on peace and the economy.

Even so, "there has to be dialogue, with IS as well," the Dalai Lama said, in remarks reported in Italian.

Asked how this should be achieved, he replied, "Through dialogue. One has to listen, to understand, to have respect for the other person, regardless. There is no other way."

A US-led coalition and Russia have vowed to crush the IS, also called ISIS, ISIL or Daesh, which monitors say has carried out executions, abductions and rapes in areas under its control in Iraq and Syria, and conducted a wave of terror operations abroad.

The Islamic State group is pulling in some $80 million a month, mainly from levies and confiscations, but is struggling financially as strikes hit its oil infrastructure, analysis firm IHS said yesterday.

In a new report, IHS Conflict Monitor said that IS, unlike other jihadist groups such as Al-Qaeda, does not need to rely on foreign funding as it can count on revenues from the large parts of Syria and Iraq under its control.

Using open source intelligence including social media and sources inside the countries, IHS said it estimates the group's overall monthly income to be around $80 million (75 million euros) as of late 2015.

About half the revenues come from levies and confiscations, with IS slapping a 20 percent charge on all services, IHS said. Some 43 percent comes from oil sales and the rest from drug smuggling, electricity sales and donations.