Sightful Invest
  • Business
  • Investing
  • Politics
  • Stock
Top Posts
Top 5 moments from Charlie Kirk’s memorial service...
Trump set to approve TikTok deal ensuring majority-American...
Harris is speaking. This time, she isn’t bending...
Hamas letter to Trump asks for 60-day ceasefire...
Trump must make UN funding conditional on real...
Democrats skip Charlie Kirk Arizona memorial after 58...
‘Due to overhelming support:’ Turning Point USA says...
Thune slams Democrats’ ‘cold-blooded partisan’ tactics as funding...
Macron stakes anti-Trump global role with Gaza initiative...
Trump assassination attempt suspect Ryan Routh questions first...
  • 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

Conservatives flip script on Senate Dems pushing identical...

March 5, 2025

Trump visits Qatar as country’s jet offer puts...

May 14, 2025

House Democrat announces articles of impeachment against Trump:...

April 29, 2025

Trump-backed bills on activist judges, non-citizen voting heading...

April 8, 2025

Exclusive: Hamas document reveals devious paraglider terrorism attack...

August 12, 2024

Ukraine’s Zelenskyy replaces top military official ahead of...

March 18, 2025

‘Separated from reality’: Senate Republicans fume as Dems...

August 25, 2025

After high-profile divorce, Ashley Biden reflects on ‘one...

September 4, 2025

RFK Jr’s abortion ‘issue’: Senate GOP plans to...

November 21, 2024

New poll shows Harris taking a slim lead...

October 10, 2024

Recent Posts

  • Top 5 moments from Charlie Kirk’s memorial service in Arizona
  • Trump set to approve TikTok deal ensuring majority-American investor control: White House
  • Harris is speaking. This time, she isn’t bending to Biden’s bullies
  • Hamas letter to Trump asks for 60-day ceasefire deal to release half of hostages, sources say
  • Trump must make UN funding conditional on real reforms, ex-diplomat urges

    Sign up for our newsletter to receive the latest insights, updates, and exclusive content straight to your inbox! Whether it's industry news, expert advice, or inspiring stories, we bring you valuable information that you won't find anywhere else. Stay connected with us!


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

    Categories

    • Business (927)
    • Investing (3,032)
    • Politics (3,709)
    • Stock (4)
    • About us
    • Contact 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 © 2025 Sightful Invest. All Rights Reserved.