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STORY: U.S. Deputy National Security Advisor Ben Rhodes on Friday (August 22) discussed the rise of Islamic State (IS) and the ways the United States would seek to fight it following the execution of American journalist James Foley.
"We've used all of our military, intelligence, diplomatic resources that we can bring to bear to try to pull a thread to find out where our hostages are, to try to rescue them when we saw an opportunity, to try to work with any country that might have any means of locating them, and tragically we weren't able to rescue Mr. Foley, but we're going to keep trying for all of our hostages, not just in Syria, but around the world," Rhodes said.
Rhodes admitted that IS has grown as a threat in recent months as it has gained territory and found new revenue streams, including ransoms and oil and gas sales.
"That has developed their capacity in a way that has increased the threat, and they pose a greater threa