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Tue 7 Jul 2015 12:34 PM

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Obama says recent ISIL losses show group will be defeated

Speaking at the Pentagon, president says US will continue to crack down on the group's illicit finance operations around the world

Obama says recent ISIL losses show group will be defeated
(Getty Images)

US President Barack Obama said on Monday recent territory losses by ISIL militants in Iraq and Syria show the extremist group will be defeated.

Obama, speaking at the Pentagon, said the United States would continue to crack down on the group's illicit finance operations around the world and do more to train and equip moderate opposition groups in Syria.