World Daily News
Politics
Israel / Lebanon / Argentina

Israel Strikes Hezbollah Finances Amid Ongoing Conflict

Images from the reference sources
Israel has launched airstrikes on financial institutions linked to Hezbollah, targeting al-Qard al-Hasan, while residents in Tel Aviv remain resilient amidst ongoing threats.


Israel Targets Hezbollah's Financial Infrastructure

Israel has intensified its military operations against Hezbollah, launching airstrikes on financial institutions linked to the militant group in Lebanon. This week, Israeli forces targeted at least 10 branches of al-Qard al-Hasan, a microfinance institution closely associated with Hezbollah, aiming to disrupt its economic support system. Israeli military spokesman Daniel Hagari described these strikes as a significant blow to Hezbollah's financial capabilities, which have reportedly generated hundreds of millions of dollars for the group.

Al-Qard al-Hasan, established in 1987, primarily serves the Lebanese Shiite community, providing interest-free loans and financial services in a country where traditional banking has faltered. The institution has extended over $4.3 billion in loans to approximately 400,000 clients, many of whom belong to disadvantaged backgrounds. Analysts suggest that the airstrikes could hinder Hezbollah's ability to finance its operations and support its members, especially in light of the ongoing conflict in Lebanon that has escalated since early October.

Despite the attacks, Hezbollah maintains that it will continue to meet its obligations to depositors, as indicated by spokesperson Mohammed Afif. However, international observers, including UN experts, have raised concerns over the legality of targeting financial institutions under humanitarian law, emphasizing the need to distinguish between civilian and military targets in conflict zones.

Everyday Life Amidst Conflict in Tel Aviv

In a contrasting scene, a group of Argentines in Tel Aviv reacted with humor and calmness during a recent Hezbollah missile attack on Israel. Captured on video, the group continued their barbecue on a terrace while missiles were intercepted by Israel's Iron Dome defense system. The incident, which occurred during the Jewish holiday of Simchat Torah, showcased the resilience of residents in the face of ongoing hostilities.

As sirens wailed in the background urging citizens to seek shelter, the Argentines remained unfazed, joking about their barbecue and the effectiveness of the Iron Dome. The relaxed demeanor of the diners highlighted a unique aspect of life in Israel, where residents often adapt to the realities of living in a conflict zone. The missiles were reportedly aimed at military sites in central Israel, but no injuries were reported, demonstrating the effectiveness of Israel's defense systems in protecting civilians.

This juxtaposition of military actions against Hezbollah and the everyday life of Tel Aviv residents underlines the complex realities of the ongoing Israel-Hezbollah conflict, where military strategies and civilian life intersect in profound ways.

Clam Reports
Refs: | Clarin | Merkur |

Trends

Politics

Turkey Launches Air Strikes Against PKK in Response to Deadly Ankara Attack

2024-10-23T22:43:30.498Z

Turkey's Defense Ministry has announced air strikes against PKK positions in Iraq and Syria following a deadly attack in Ankara, which resulted in five fatalities.

Politics

Qatar Hosts Ceasefire Talks Amid Ongoing Gaza Conflict

2024-10-24T19:24:09.025Z

Qatar is preparing to host new negotiations for a ceasefire between Hamas and Israel, following US Secretary of State Anthony Blinken's visit to the region.

Politics

Emergency Calls from Trump's Assassination Attempt Expose Security Lapses

2024-10-24T17:54:12.653Z

Emergency calls from the July 13 assassination attempt on Donald Trump reveal chaos and security failures, prompting investigations into the Secret Service's response.

Politics

Íñigo Errejón Resigns from Politics Amid Gender-Based Violence Allegations

2024-10-24T16:43:42.072Z

Íñigo Errejón, a prominent Spanish politician and co-founder of Podemos, has resigned from politics following allegations of gender-based violence, citing personal and mental health concerns.

Politics

US Presidential Election: Harris and Trump in Tight Race Ahead of Vote

2024-10-24T19:53:43.967Z

As the US presidential election approaches, Kamala Harris and Donald Trump are locked in a tight race, particularly in pivotal swing states like Pennsylvania, Michigan, and Wisconsin.

Politics

Bahceli's Initiative: A Possible Path to Peace in Türkiye's Kurdish Conflict

2024-10-24T19:04:00.515Z

Devlet Bahceli's initiative aims to resolve the Kurdish conflict in Türkiye, allowing Abdullah Ocalan to attend parliament, amidst mixed reactions from political leaders.

Latest