In Depth
Analysis: Israel targets Hezbollah's financial arm as part of strategy to hit its popular base
Israel took its war against Hezbollah to another level by targeting its financial institution, Al Qard Al Hassan, for allegedly funding the group's military activities. But experts view the move as part of Israel's determination to destroy the Iran-backed militant group and create a rift with its popular base.
Israel Targets Hezbollah's Finances as Strikes Hit Beirut Suburbs
Al-Qard al-Hassan is a Hezbollah unit that's used to pay operatives and help buy arms, a senior Israeli intelligence official said.
Israel Strikes Hezbollah-Affiliated Financial Branches Across Lebanon
The escalation of Israel’s war against the militant group came as rescuers searched for dead and wounded after a devastating Israeli strike in northern Gaza. The aftermath of an overnight Israeli strike. Matthew Mpoke Bigg Mike Ives and Raja Abdulrahim The Israeli military conducted a wave of airstrikes across Lebanon on Sunday, targeting branches of Al-Qard al-Hasan, a financial association associated with Hezbollah. The association operates as a lender and financial services provider for civilians in many areas of Lebanon, where the traditional banking sector is in shambles. Many of its branches are situated on the ground floors of residential buildings. Israel warned people living near Al-Qard al-Hasan branches to evacuate, prompting many to flee. In a statement ahead of the strikes, Rear Adm. Daniel Hagari, an Israeli military spokesman, said the alternative banking system is “being used to finance Hezbollah’s terror activities.” Al-Qard al-Hasan was placed under U.S. sanctions in 2007 for operating as Hezbollah’s de facto banking arm. Earlier on Saturday, Israeli jets bombed a Hezbollah stronghold near the Lebanese capital, a day after a drone struck a building near the residence of Prime Minister Benjamin Netanyahu of Israel, in what Mr. Netanyahu said was an assassination attempt by Hezbollah. The attacks came as Israel continued its renewed assault in northern Gaza against Hamas. Rescue workers in northern Gaza were searching for survivors on Sunday after a major overnight Israeli airstrike that Palestinian officials said killed or wounded dozens of people in the town of Beit Lahia.
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Greek Reporter1d
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Israeli Prime Minister Benjamin Netanyahu's Caesarea residence was hit by a massive drone attack on October 19.
Deadly Israeli strikes in Beirut and Gaza as Blinken returns to push for peace amid spiraling warfare
Israel steps up offensives against Iran-backed groups in Lebanon and the Gaza Strip as Antony Blinken returns to the region to push for a cease-fire.