(Jerusalem Post) Yonah Jeremy Bob - The new Lebanese government is racing around the world to foreign governments and banks to obtain enough aid to avoid a broad financial default, former Israeli National Security Council chief Brig.-Gen. (res.) Giora Eiland told the Institute for National Security Studies on Thursday. "This is exactly the time that the answer from all American and EU institutions should be to tell the Lebanese government: we will give you loans based on certain economic conditions....1) sign and commit that there will be no production of precision missiles on Lebanese land; and 2) whatever arms Hizbullah already has, is yours, but a commitment not to import more weapons from Syria and Iran." U.S. State Department sanctions official David Peyman discussed the success of the "maximum pressure" campaign. "Iran is now telling Iraqi Shi'ite militias 'we won't fund you anymore.' Iran has cut its defense budget by 29%. The IRGC has been cut by 17%. Hizbullah is looking for donations. 17 out of 18 Iranian pension funds are failing."
2020-01-31 00:00:00Full ArticleBACK Visit the Daily Alert Archive