Israel Says More Strikes Are Coming against a Hezbollah-Run Financial Institution

Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)
Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)
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Israel Says More Strikes Are Coming against a Hezbollah-Run Financial Institution

Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)
Smoke billows over Beirut's southern suburbs after an Israeli strike, amid the ongoing hostilities between Hezbollah and Israeli forces, as seen from Baabda, Lebanon October 22, 2024. (Reuters)

Israel said late Monday it planned to carry out more strikes in Lebanon against a Hezbollah-run financial institution that it targeted the night before and which it says uses customers' deposits to finance attacks against Israel.

At least 15 branches of Al-Qard Al-Hasan were hit late Sunday in the southern neighborhoods of Beirut, across southern Lebanon and in the eastern Bekaa Valley, where Hezbollah has a strong presence. One strike flattened a nine-story building in Beirut with a branch inside it.

The Israeli military issued evacuation warnings ahead of the strikes, and there were no reports of casualties.

Associated Press journalists witnessed strikes late Monday in the coastal region of Ouzai, near Beirut’s airport, and Lebanon’s Health Ministry said an airstrike near Beirut’s largest public hospital killed four, including a child, and wounded 24. It was the first strike on the Lebanese capital in 10 days.

Israeli ground forces invaded Lebanon earlier this month. The military said it aims to push Hezbollah out of southern Lebanon so that tens of thousands of Israelis can return to their homes nearby after more than a year of cross-border rocket and drone attacks. Israeli airstrikes have pounded large areas of Lebanon for weeks, forcing over a million people to flee their homes.

Hezbollah has been launching rockets into Israel nearly every day since Hamas' deadly raid into Israel last year that sparked the war in Gaza.

The United States is hoping to revive diplomatic efforts to resolve both conflicts after the killing of Hamas leader Yahya Sinwar last week, but so far all sides appear to be digging in.

Hezbollah-run lender filled gaps left by Lebanon's troubled banks

The Arabic language spokesman for the Israeli military, Avichay Adraee, said — without providing evidence — that Hezbollah stores hundreds of millions of dollars in the branches of Al-Qard Al-Hasan and that the money is used to purchase arms and pay fighters. The strikes were aimed at preventing the group from rearming, he said.

The institution, which has more than 30 branches across Lebanon, tried to reassure customers, saying it had evacuated all branches and relocated gold and other deposits to safe areas.

Many customers are civilians unaffiliated with Hezbollah. Al-Qard Al-Hasan, which is sanctioned by the United States and Saudi Arabia, has long served as an alternative to Lebanon's banks, which have imposed restrictions on customers since a severe financial crisis that began in 2019.

Israeli military spokesperson Rear Adm. Daniel Hagari said late Monday that Israel planned more strikes on Al-Qard al-Hasan.

Hagari said Iran funds Hezbollah by sending cash and gold to the Iranian embassy in Beirut, though he did not provide any evidence.

Hagari also said, without providing evidence, that Israeli intelligence had discovered a bunker belonging to former Hezbollah leader Hassan Nasrallah that is now being used as a vault under a hospital in southern Beirut. He said it held millions of dollars of gold and cash.

A member of Lebanon’s parliament who is the director of the hospital, Fadi Alameh, denied the claim, and said the hospital has underground operation rooms. Alameh said the hospital was being evacuated in anticipation of strikes.

Hagari said Israeli strikes in Beirut in early October and in Syria on Monday had also killed people responsible for transferring money between Iran and Hezbollah. Syrian state media said an Israeli airstrike hit a car in the capital of Damascus, killing two people and wounding three.

Israeli airstrikes killed 17 people in Lebanon on Monday, including four first responders, according to the country's health ministry. The Israeli military said Hezbollah fired 170 projectiles into Israel on Monday.



Palestinians Say 100,000 Residents Trapped in Israel’s North Gaza Offensive

A picture shows the damage to an ambulance at the Kamal Adwan Hospital in Beit Lahia the northern Gaza Strip on October 26, 2024 amid the ongoing war in the Palestinian territory between Israel and Hamas. (AFP)
A picture shows the damage to an ambulance at the Kamal Adwan Hospital in Beit Lahia the northern Gaza Strip on October 26, 2024 amid the ongoing war in the Palestinian territory between Israel and Hamas. (AFP)
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Palestinians Say 100,000 Residents Trapped in Israel’s North Gaza Offensive

A picture shows the damage to an ambulance at the Kamal Adwan Hospital in Beit Lahia the northern Gaza Strip on October 26, 2024 amid the ongoing war in the Palestinian territory between Israel and Hamas. (AFP)
A picture shows the damage to an ambulance at the Kamal Adwan Hospital in Beit Lahia the northern Gaza Strip on October 26, 2024 amid the ongoing war in the Palestinian territory between Israel and Hamas. (AFP)

Israeli tanks thrust deeper on Monday into two north Gaza towns and a historic refugee camp, trapping around 100,000 civilians, the Palestinian emergency service said, in what the military said were operations to eliminate regrouping Hamas fighters.

The Israeli military said soldiers captured around 100 suspected Hamas fighters in a raid into Kamal Adwan Hospital in the Jabalia camp. Hamas and medics have denied any militant presence at the hospital.

The Gaza Strip's health ministry said at least 19 people were killed by Israeli airstrikes and bombardment on Monday, 13 of them in the north of the devastated coastal territory.

The Palestinian Civil Emergency Service said around 100,000 people were marooned in Jabalia, Beit Lahiya and Beit Hanoun without medical or food supplies. Reuters could not verify the number independently.

The emergency service said its operations had come to a halt because of the three-week Israeli assault into the north, an area where the military said it had wiped out Hamas combat forces earlier in the year-long war.

Talks led by the US, Egypt and Qatar to broker a ceasefire resumed on Sunday after multiple abortive attempts, with Egypt's president proposing an initial two-day truce to exchange four Israeli hostages of Hamas for some Palestinian prisoners, to be followed by talks within 10 days on a permanent ceasefire.

Israeli Prime Minister Benjamin Netanyahu said on Monday the latest meetings in Doha focused on a new outline that takes into account previous proposals and regional developments.

He said mediators would resume talks in coming days "in a continued attempt to advance a deal", without elaborating.

To date, Israel has repeatedly said the war will go on until Hamas is eradicated while the movement has ruled out end to fighting until Israeli forces leave Gaza.

Gaza's war has kindled wider conflict in the Middle East, raising concern about global oil supplies, with Israel carrying out bombings across Lebanon and sending forces into its south in an offensive to disable Iran-backed Hezbollah, an ally of Hamas.

It has also triggered rare direct clashes between regional arch-foes Israel and Iran. At the weekend, Israeli warplanes pounded missile production sites in Iran in retaliation for an Oct. 1 Iranian missile volley at Israel.

Iran's Foreign Ministry said on Monday Tehran would "use all available tools" to respond to Israel's weekend attack.

'NONSENSE TALK OF CEASEFIRE'

North Gaza's three major hospitals, whose officials refused Israel's orders to evacuate, said they were hardly operating. At least two had been damaged by Israeli fire during the assault and run out of medical, food and fuel stocks.

At least one doctor, a nurse and two child patients had died in those hospitals due to a lack of treatment in the past week.

North Gaza residents said Israeli forces were besieging schools and other shelters housing displaced families, ordering them out before rounding up men and pushing women and children to leave the area for Gaza City and points in the south.

Only a few families headed toward southern Gaza as the majority preferred to relocate temporarily in Gaza City, fearing they could otherwise never regain access to their homes.

Some said they had written their death notices in case they died from the constant bombardment.

"While the world is busy with Lebanon and new nonsense talk about a few days of ceasefire (in Gaza), the Israeli occupation is wiping out north Gaza and displacing its people," a resident of Jabalia told Reuters by a chat app.

The Israeli military says its forces operate in keeping with international law and accuses fighters of hiding fighters and weaponry in civilian areas including hospitals and schools, a charge Hamas denies.

North Gaza was the first part of the enclave to be hammered by Israel's ground offensive after Hamas' cross-border attack on Oct. 7, 2023, with intensive bombing largely flattening towns.

Nevertheless, Hamas-led fighters continue to attack Israeli forces in hit-and-run operations.

Hamas' 2023 attack killed 1,200 people and resulted in more than 250 hostages being taken into Gaza, per Israeli tallies.

The death toll from Israel's retaliatory air and ground onslaught in Gaza has reached 43,020, the Gaza health ministry said in an update on Monday.