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Terror Networks
US sanctions squeezing Iran-backed Hezbollah in Lebanon
2019-10-04
BEIRUT (AP) ‐ The conflict between Iran and the U.S. that has created tensions throughout much of the Middle East is now also being felt in Lebanon, where Washington has slapped sanctions on the Iran-backed Hezbollah and warned they could soon expand to its allies, further deepening the tiny Arab country’s economic crisis.

The Trump administration has intensified sanctions on the Lebanese militant group and institutions linked to it to unprecedented levels, targeting lawmakers for the first time as well as a local bank that Washington claims has ties to the group.

Two U.S. officials visited Beirut in September and warned the sanctions will increase to deprive Hezbollah of its sources of income. The push is further adding to Lebanon’s severe financial and economic crisis, with Lebanese officials warning the country’s economy and banking sector can’t take the pressure.

"We have taken more actions recently against Hezbollah than in the history of our counterterrorism program," Sigal P. Mandelker, undersecretary for terrorism and financial intelligence at the U.S. Treasury, said in the United Arab Emirates last month.
Posted by:Besoeker

#1  Economic crisis

100000 bombardment rockets aimed at Isfaeli civiliansš
Posted by: g(r)omgoru PB   2019-10-04 06:21  

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