Obama says recent Islamic State losses show group will be defeated

US President Barack Obama speaks following a meeting with top military officials about the military campaign against the Islamic State at the Pentagon in Washington, DC on July 6, 2015.
US President Barack Obama speaks following a meeting with top military officials about the military campaign against the Islamic State at the Pentagon in Washington, DC on July 6, 2015.PHOTO: AFP

WASHINGTON (Reuters) - U.S. President Barack Obama said on Monday recent territory losses by Islamic State 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.