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Hezbollah Reportedly Faces Financial Crisis

A report in the Asharq Al-Awsat newspaper, citing sources in Lebanon, said Hezbollah is facing increasing financial pressure over austerity measures by the Iranian government since President Hassan Rouhani took office last summer, as well as strain over the terror group’s involvement in the Syrian civil war.

Additionally, the report said Hezbollah is facing financial pressure from more aggressive prosecution by the United States and Europe over foreign sources of funding from Latin America and Africa.

Last week, several members of the U.S. Congress proposed a new bill to increase sanctions on Hezbollah by targeting its banks and other financial institutions that support the terror group.

Germany, meanwhile, announced Tuesday that it banned the German charity Orphan Children Project Lebanon for raising money for Hezbollah. German police staged raids across the country on homes and offices used by the charity.

About the Author: www.JNS.org is an independent, non-profit business resource and wire service covering Jewish news and Israel news for Jewish media throughout the English-speaking world.


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3 Responses to “Hezbollah Reportedly Faces Financial Crisis”

  1. Joel Keller says:

    Couldn't happen to a more evil group of people! Let them drown in their own excrement.

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