Strike hits near Rafik Hariri University hospital parking lot in Beirut

Smoke billows over Beirut’s southern suburbs after an Israeli strike, as seen from Baabda, Lebanon October 21, 2024. (Reuters)
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Updated 21 October 2024
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Strike hits near Rafik Hariri University hospital parking lot in Beirut

  • Israeli forces are now seeking to degrade the movement’s ability to fund its operations
  • Military spokesman did not say whether all of the money was destroyed by the strike

JERUSALEM: A strike hit near Beirut's Rafik Hariri University Hospital in Beirut late on Monday, a hospital source told Reuters, adding that it appeared the strike hit the hospital's parking lot. 

The Israeli army said earlier on Monday its forces were pummelling Hezbollah’s financial arm, hitting more than two dozen targets including a bunker with tens of millions of dollars in cash and gold.
The strikes since Sunday night mark an expansion of Israel’s campaign against the Iran-backed group after a year of cross-border exchanges that escalated in late September into a full-blown war.
Israeli forces are now seeking to degrade the movement’s ability to fund its operations.
“The Israeli Air Force carried out a series of precise strikes on these Hezbollah financial strongholds,” military spokesman Rear Admiral Daniel Hagari said in a televised briefing.
“One of our main targets last night was an underground vault with tens of millions of dollars in cash and gold. The money was being used to finance Hezbollah’s attacks on Israel.”
He did not specify whether all of the money was destroyed by the strike.
Hagari then referenced a separate bunker also allegedly filled with cash and gold under a hospital in the capital Beirut, but said the vault had not been targeted yet by the Israeli military.
“According to the estimates we have, there is at least half a billion dollars in dollar bills and gold stored in this bunker,” Hagari said.
“This money could and still can be used to rebuild the state of Lebanon.”
Earlier Monday, Israeli military chief Lt. Gen. Herzi Halevi said more than two dozen targets belonging to Al-Qard Al-Hassan — a financial firm linked to Hezbollah — were hit.
“We struck close to 30 targets across Lebanon,” Halevi said in a statement, after strikes began Sunday night against the US-sanctioned association that Israel accuses of financing “Hezbollah’s terrorist operations.”
The announcements came as the army said it continued to hammer an array of Hezbollah positions across Lebanon, including strikes against about 300 targets in the previous 24 hours.
Al-Qard Al-Hassan is a lifeline for mainly Muslim Shiite communities battling a years-long financial crisis that has locked Lebanese out of their bank deposits.
The financial firm, officially registered as a charity, has been offering customers credit in exchange for gold deposits on an interest-free basis since the 1980s.
Its beneficiaries are mainly Shiite Muslims, but in a country where a five-year economic crisis has forced many into desperation, Christians and Sunni Muslims have also turned to its services.
The United States has long sanctioned the association, accusing Hezbollah of using it as a cover to mask its financial activities and gain access to the international financial system.
On Sunday evening, Israel struck Al-Qard Al-Hassan branches in Beirut, the eastern Bekaa Valley and south Lebanon, Lebanese official media said.
Al-Qard Al-Hassan says it has more than 30 branches nationwide, mainly in Hezbollah bastions including Beirut’s southern suburbs, but also in central Beirut and in other major cities such as Sidon and Tyre.
Israel in late September widened the focus of its military operations to Lebanon after nearly a year of war against Hezbollah’s Palestinian ally Hamas in the Gaza Strip.


Palestinians met requirements for Israel to extend banking waiver, source says

Updated 5 sec ago
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Palestinians met requirements for Israel to extend banking waiver, source says

WASHINGTON: Israel’s requirements for the indemnification needed to allow Israeli banks to continue conducting transactions with Palestinian banks have been met by the Palestinian authorities, according to a source familiar with the situation.
Technical experts argue that should warrant an extension of a current indemnification — set to lapse on Oct. 31 — for at least a year to avert an economic crisis in the West Bank, the source said.
US Deputy Treasury Secretary Wally Adeyemo, who last month warned Israel that allowing the banking relationships to lapse would put its own security at risk, spoke on Monday with Palestinian Authority Prime Minister Mohammad Mustafa, according to the source. They discussed security and economic issues, as well as the authority’s efforts to improve its anti-money-laundering and countering-the-financing-of-terrorism regime.
Adeyemo noted the authority’s progress on the issue, including completing key milestones for assessing risks within its jurisdiction and bolstering effective compliance with international standards, the source said.
Israel’s embassy in Washington did not immediately respond to a request for comment.


Lebanon security source says planes switch runways after Israeli strike near Beirut airport

Updated 43 min 25 sec ago
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Lebanon security source says planes switch runways after Israeli strike near Beirut airport

BEIRUT: A Lebanese security official told AFP that the country’s national airline had to switch landing strips on Monday after Israeli strikes near Beirut’s only international airport hit close to the main runway.
“Middle East Airlines switched the runway it was using because the main runway is close to the site of the Ouzai strike,” the official said, requesting anonymity to discuss sensitive matters.


Hezbollah hides millions in cash, gold under Beirut hospital, says Israel

Updated 51 min 51 sec ago
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Hezbollah hides millions in cash, gold under Beirut hospital, says Israel

  • There are hundreds of millions of dollars in cash and gold inside the bunker right now, Israeli military’s chief spokesman, Rear Admiral Daniel Hagari says

JERUSALEM: Hezbollah has stashed hundreds of millions of dollars in cash and gold in a bunker built under a hospital in Beirut, Israel’s military said on Monday, adding it will not strike the facility as it keeps up attacks against the group’s financial assets.
Fadi Alameh, a Lebanese lawmaker with the Shiite Amal Movement party and the director of the hospital in question, Al-Sahel, told Reuters that Israel was making false and slanderous claims and called on the Lebanese Army to visit and show it only had operating rooms, patients and a morgue.
Alameh said the hospital was being evacuated. Israel’s military said it was not going to strike the facility.
Reuters could not independently verify the details provided by the Israeli military’s chief spokesman, Rear Admiral Daniel Hagari, which he said had been collected by Israeli intelligence for years.
Hezbollah could not immediately be reached for comment.
In a televised statement, Hagari said Hezbollah’s former leader, Sayyed Hassan Nasrallah, whom Israel killed last month, had built the bunker which was designed for lengthy stays.
“There are hundreds of millions of dollars in cash and gold inside the bunker right now. I’m calling on the Lebanese government, Lebanese authorities, and the international organizations — don’t allow Hezbollah to use the money for terror and to attack Israel,” Hagari said.
“The Israeli Air Force is monitoring the compound, as you can see. However, we will not strike the hospital itself,” Hagari said.
Israeli Chief of the General Staff Herzi Halevi told troops in Lebanon that overnight between Sunday and Monday, aircraft had struck around 30 sites belonging to Al-Qard Al-Hassan, which Israel says is Hezbollah’s financial arm.
Hagari said more strikes against Hezbollah financial sites were to continue.


Fire extinguished at Syria’s Homs refinery, state media says

Updated 27 min 19 sec ago
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Fire extinguished at Syria’s Homs refinery, state media says

CAIRO: Firefighting teams and civil defense forces extinguished a fire that broke out at the gas department of Syria’s Homs refinery, state media reported early on Tuesday.
Cooling operations are currently being carried out, it added.


Queen Rania meets young entrepreneurs in Jordan

Updated 21 October 2024
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Queen Rania meets young entrepreneurs in Jordan

  • Program had been supported by her sponsorship initiative

AMMAN: Queen Rania met a group of young Jordanians in Amman on Monday to discuss their income-generating projects, as part of a program previously supported by her sponsorship initiative.

The sponsorship scheme, which aimed to empower young entrepreneurs, has successfully backed 190 youth-led projects across Jordan.

The schemes were primarily selected by civil society organizations with support from the Jordan River Foundation, utilizing its own community empowerment programs, the Jordan News Agency reported.

The entrepreneurs shared insights into their initiatives at the meeting, detailing the job opportunities they had created and the vocational and professional skills developed among fellow Jordanians.

They highlighted several success stories that demonstrated the positive impact of the ventures on their lives and communities and, rather than pursuing traditional employment routes, had showed their commitment to following their passions and launching unconventional projects.

Each participant in Queen Rania’s sponsorship program had already established a small project, successfully creating between one and three part-time or full-time jobs prior to receiving support.

The initiative aimed to provide young leaders with the necessary resources and mentorship to expand their businesses further to enhance their social impact.