Israel-Hezbollah War

Report: Hezbollah faces unprecedented financial crisis

The report comes just as the IDF begins to target banks and financial institutions affiliated with the terrorist movement.

Iran supporting Hezbollah financially. (Photo: AndriiKoval/Shutterstock)

As the IDF strikes branches of Hezbollah-affiliated financial institutions across Lebanon tonight (Sunday), Maariv reports that Hezbollah faces an "unprecedented" financial crisis.

According to Maariv, quoting Voice of America, Hezbollah receives its money from three main sources - al-Qard al-Hassan, a quasi-banking institution owned by Hezbollah, recognized and legal banks within Lebanon, and direct cash infusions from Iran.

Sources speaking to VOA said that Hezbollah is suffering from a serious cash crunch, to the point that they cannot feed families. Iran is also reportedly avoiding sending cash to Lebanon for fear of it being shot down or blown up by the IDF. Billionaires, moreover, are fleeing the country along with their wealth, weakening the Lebanese economy generally and Hezbollah resources specifically.

0 Comments

Do not send comments that include inflammatory words, defamation, and content that exceeds the limit of good taste.

Not Sure Trump Will Like This

Smotrich: Prepare for annexations

Avi Woolf | 15:52

Iraq stamps down on women's rights

Shiites in Iraq seek to abolish women's rights in the country

Eliana Fleming, JFeed Staff | 11:43

Actions have consequences – so do words

Why the Amsterdam pogrom? Insta influencer Jopaul explains | WATCH (*swearing*)

Gila Isaacson | 11:17

Most moral army in the World - IDF

Confirmed: The IDF expands the humanitarian area in Gaza

Eliana Fleming, JFeed Staff | 10:56

Houthis take responsibility for this morning's attack

The Houthis claim: "We launched a ballistic missile towards the center"

Eliana Fleming, JFeed Staff | 10:43

Israel (Katz) engages in self-destruction

Tzur Harel settlement violently demolished on Harel Sharvit’s birthday 

Avi Nachmani | 10:37

Lebanon ceasefire expected in coming weeks

Hezbollah took a very hard hit – "we are striving for a ceasefire."

Eliana Fleming, JFeed Staff | 10:32
Get JFeed App
Download on the App Store
Get it on Google Play