Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Flashback: Top five wildest moments from Elon Musk’s...
Less than half of DOGE-terminated contracts can be...
Jill Biden should have to answer for ‘cover...
DOGE staffing shakeup as Elon Musk hangs up...
State Dept says DOGE’s changes will be permanent...
President Trump teases ‘last day, but not really’...
Trump denounces court’s ‘political’ tariff decision, calls on...
I’m a physician and I’m worried that our...
Inside the late-night drama that led to Trump’s...
Alleged attempt to impersonate White House chief of...
  • Business
  • Investing
  • Politics
  • Stock

Sightful Invest

Politics

Israel begins strikes against Lebanon targeting Hezbollah financial assets

by admin October 21, 2024
October 21, 2024
Israel begins strikes against Lebanon targeting Hezbollah financial assets

The Israeli Defense Forces began conducting airstrikes against Lebanon late Sunday, targeting financial institutions linked to the Iran-backed militant group Hezbollah.

Fox News’ Trey Yingst in Israel reports the strikes were intended to al-Qard al-Hassan ‘all over Lebanon.’ Al-Qard al-Hassan is a unit in Hezbollah to fund terrorist activities like paying operatives and buying arms. 

The registered nonprofit is sanctioned by both the U.S. and Saudi Arabia, provides financial services and is also used by Lebanese civilians. 

The IDF issued evacuation orders for civilians close to these financial institutions. IDF spokesman Rear Admiral Daniel Hagari said the strikes will be widespread, targeting not just financial centers in Beirut, but also other Hezbollah strongholds in Lebanon. 

‘I emphasize here—anyone located near sites used to fund Hezbollah’s terror activities must move away from these locations immediately,’ Hagari said. ‘We will strike several targets in the coming hours and additional targets throughout the night. In the coming days, we will reveal how Iran funds Hezbollah’s terror activities by using civilian institutions, associations, and NGOs that act as fronts for terrorism. We will carry out these strikes tonight and provide updates on the results in the next days.’

Fox News is told the goal is to strike at the heart of Hezbollah’s financial support for the conflict with Israel, which has been ongoing since October 2023, the month Hamas militants stormed into Israel, killing nearly 1,200 and taking hundreds more as hostages. 

A senior intelligence official indicated earlier Sunday that not all of Hezbollah’s money is being held in these financial institutions, but it’s expected to inflict significant damage on the group’s economic abilities. 

The official noted that there are hundreds of thousands of Lebanese civilians – mostly Shias – who use this banking system, and there are a number of branches in Beirut expected to be targeted. 

A year of escalating tensions between Israel and Hezbollah over the war in Gaza turned into all-out war last month, and Israel sent ground troops into Lebanon early this month.

Israel’s announcement came a day after U.S. Defense Secretary Lloyd Austin called civilian casualties in Lebanon ‘far too high’ in the Israel-Hezbollah war, and urged Israel to scale back some strikes, especially in and around Beirut.

Iran supports the Lebanon-based Hezbollah, and the United States is investigating an unauthorized release of classified documents indicating that Israel was moving military assets into place for a military strike in response to Iran’s ballistic missile attack on Oct. 1, according to three U.S. officials. They spoke on condition of anonymity because they weren’t authorized to discuss the matter publicly.

This post appeared first on FOX NEWS

previous post
Elon Musk to upgrade security after left-wing magazine labels him ‘Public Enemy No. 2’
next post
New ‘insulting’ Harris ad targets Black men’s love lives

You may also like

Trump report card: Conservative and liberal analysts reveal...

March 4, 2025

Kamala Harris should prosecute Big Pharma, not bail...

October 7, 2024

Obama reacts to Biden diagnosis: ‘Nobody has done...

May 19, 2025

USSS assistant director asked to retire over Butler...

September 10, 2024

Legal experts warn that latest Supreme Court leaks...

September 17, 2024

The future of nature is nonpartisan. Let’s combat...

March 20, 2025

Early voting means ‘election season’ may begin very...

September 7, 2024

RFK Jr. asked Harris for Cabinet post in...

August 16, 2024

Wasserman Schultz sparks backlash for claiming Tulsi Gabbard...

November 17, 2024

Top 5 Inauguration Day moments

January 21, 2025

Recent Posts

  • Flashback: Top five wildest moments from Elon Musk’s DOGE tenure as it comes to an end
  • Less than half of DOGE-terminated contracts can be publicly tracked, only about a quarter of grants: watchdog
  • Jill Biden should have to answer for ‘cover up’ of former president’s decline, White House says
  • DOGE staffing shakeup as Elon Musk hangs up his hat, White House confirms
  • State Dept says DOGE’s changes will be permanent amid Musk’s departure

    Become a VIP member by signing up for our newsletter. Enjoy exclusive content, early access to sales, and special offers just for you! As a VIP, you'll receive personalized updates, loyalty rewards, and invitations to private events. Elevate your experience and join our exclusive community today!


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Categories

    • Business (751)
    • Investing (2,211)
    • Politics (2,729)
    • Stock (4)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: sightfulinvest.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 Sightful Invest. All Rights Reserved.