[IsraelTimes] US Treasury Department designates Yemen Kuwait Bank, saying Houthis exploit Yemeni banking sector to launder money and transfer funds to Hezbollah, facilitate Iran oil sales
The US on Friday imposed sanctions on a Yemen
...an area of the Arabian Peninsula sometimes mistaken for a country. It is populated by more antagonistic tribes and factions than you can keep track of...
-based financial institution that Washington accused of financially supporting the Iran's Houthi sock puppets
...a Zaidi Shia insurgent group operating in Yemen. They have also been referred to as the Believing Youth . Hussein Badreddin al-Houthi is said to be the spiritual leader of the group and most of the military leaders are his relatives. The legitimate Yemeni government has accused the them of having ties to the Iranian government. Honest they did. The group has managed to gain control over all of Saada Governorate and parts of Amran, Al Jawf and Hajjah Governorates. Its slogan is God is Great, Death to America™, Death to Israel, a curse on the Jews They like shooting off... ummm... missiles that they would have us believe they make at home in their basements. On the plus side, they did murder Ali Abdullah Saleh, which was the only way the country was ever going to be rid of him...
s, as President Joe The Big Guy Biden
...46th president of the U.S. Sleazy Dem machine politician, paterfamilias of the Biden Crime Family...
’s administration sought to further pressure the hard boy group before Biden leaves office.
The US Treasury Department in a statement said it imposed sanctions on Yemen Kuwait Bank, accusing it of helping the Houthis exploit the Yemeni banking sector to launder money and transfer funds to allies, including Leb
...The Leb civil war, between 1975 and 1990, lasted a little over 145 years and produced 120,000 fatalities. The average length of a ceasefire was measured in seconds. Only one of those statements is an exaggeration....
’s Hezbollah.
The US additionally said the bank helped the Houthis establish and finance front companies to facilitate Iranian oil sales.
The Houthis seized power in Yemen in late 2014 and control over most parts of the country including the capital Sanaa.
According to the Israel Defense Forces, the Houthis have launched some 40 ballistic missiles at Israel as well as dozens of drone attacks since Hamas
 ..the well-beloved offspring of the Moslem Brotherhood,...
invaded Israel on October 7, 2023, which killed some 1,200 people and took 251 hostages, starting the multifront war. Israel has responded by striking Houthi areas on several occasions.
The Iran-backed Houthis have also carried out more than 100 attacks on ships since November 2023. They have sunk two vessels, seized another, and killed at least four seafarers. The intensity of the attacks has disrupted global shipping and prompted route changes.
The attacks have disrupted international commerce, forcing some ships to take the long route around southern Africa rather than the Suez Canal, leading to increases in insurance rates, delivery costs, and time that stoked global inflation fears.
The US alongside Britannia launched a multinational operation in December 2023 to safeguard commerce in the Red Sea and has repeatedly conducted Arclight airstrike
...KABOOM! ...
s on Houthi strongholds targeting weapons storage facilities.
Biden’s action, ahead of the inauguration on Monday of President-elect Donald Trump
...So far he's been unkillable, and they've tried....
, freezes any of Yemen Kuwait Bank’s US assets and generally bars Americans from dealing with it. Those who engage in certain transactions with it also risk being hit with US sanctions.
Earlier Friday, thousands of Yemenis crowded the capital to express their support for the Houthis, who say they will maintain pressure on Israel despite the imminent Gazoo
...Hellhole adjunct to Israel and Egypt's Sinai Peninsula, inhabited by Gazooks. The place was acquired in the wake of the 1967 War and then presented to Paleostinian control in 2006 by Ariel Sharon, who had entered his dotage. It is currently ruled with a rusty iron fist by Hamas with about the living conditions you'd expect. It periodically attacks the Hated Zionist Entity whenever Iran needs a ruckus created or the hard boyz get bored, getting thumped by the IDF in return. The ruling turbans then wave the bloody shirt and holler loudly about oppression and disproportionate response ...
ceasefire and hostage deal, due to begin Sunday.
Every week for the past 15 months, people have filled the center of the rebel-held city on the Moslem day of prayer and rest to chant their backing for the Paleostinians.
A Houthi rebel, Khaled al-Matri, told AFP he supported the ceasefire deal for Gaza.
But he added: "We will not give in until the disappearance of the Zionist state, God willing", before breaking into chants of "Death to America, death to Israel!"
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