Home Economics & PolicyThe rumors were true

The rumors were true
ENAR

by Jeremy Arbid

In late July, the latest round of American legislation targeting Hezbollah arrived, despite Lebanese government and banking officials downplaying rumors of it just a few months ago, as Executive reported. The Hizballah International Financing Prevention Amendments Act would supplement a 2015 law curbing the group’s access to banking systems, and is the latest legislative effort to freeze Hezbollah’s finances. The United States alleges that Hezbollah operates global terrorism networks and engages in criminal activities, including drug trafficking and money laundering. The Party of God, said President Donald Trump in remarks after a White House meeting with Lebanon’s Prime Minister Saad Hariri on July 25, “is a menace to the Lebanese state, the Lebanese people, and the entire region.[…], threatens to start yet another conflict with Israel, …[and] is also fueling the humanitarian catastrophe in Syria.” The Americans seem to be ratcheting up the pressure on Hezbollah through law enforcement actions

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