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(Wall Street Journal) Anat Peled - The Israeli military launched airstrikes on branches of the U.S.-sanctioned Al-Qard Al-Hassan bank in Lebanon linked to Hizbullah. Israel says the bank is central to Hizbullah's economic functioning and is used to pay the salaries of Hizbullah operatives. The strikes took place on Sunday evening, when the bank branches were likely empty. "The purpose of the strike is to target the ability of Hizbullah to function both during the war but also afterwards to rebuild and to rearm the organization on the day after," a senior Israeli military official said. "The main objective is to affect the trust between Hizbullah and a lot of the Shiite community that uses this association as a banking system." 2024-10-22 00:00:00Full Article
Israel Strikes Banks in Lebanon Linked to Hizbullah
(Wall Street Journal) Anat Peled - The Israeli military launched airstrikes on branches of the U.S.-sanctioned Al-Qard Al-Hassan bank in Lebanon linked to Hizbullah. Israel says the bank is central to Hizbullah's economic functioning and is used to pay the salaries of Hizbullah operatives. The strikes took place on Sunday evening, when the bank branches were likely empty. "The purpose of the strike is to target the ability of Hizbullah to function both during the war but also afterwards to rebuild and to rearm the organization on the day after," a senior Israeli military official said. "The main objective is to affect the trust between Hizbullah and a lot of the Shiite community that uses this association as a banking system." 2024-10-22 00:00:00Full Article
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