(Foundation for Defense of Democracies) Yaya J. Fanusie and Alex Entz - Hizbullah is a key part of Iran's expansionist objectives, and it has established an Iranian footprint on multiple continents. Hizbullah makes roughly a billion dollars annually through support from Iran (which provides the bulk of its funding), donations from elements within the Lebanese diaspora, and smuggling and drug trafficking networks worldwide. Yet U.S. sanctions, the costs of providing social services in southern Lebanon, and the ongoing Syrian civil war have strained its funding. In 2016, U.S. officials believed the group was "in its worst financial shape in decades."
2017-09-26 00:00:00Full ArticleBACK Visit the Daily Alert Archive