Israel Pounds South Lebanon After Intercepting Rockets, Hezbollah Denies Involvement 

FILED - 22 March 2025, Lebanon, Sujoud: Heavy black smoke billows from an Israeli air strike in the southern Lebanese village of Sujoud in Iqlim al-Toufah. Photo: STR/dpa
FILED - 22 March 2025, Lebanon, Sujoud: Heavy black smoke billows from an Israeli air strike in the southern Lebanese village of Sujoud in Iqlim al-Toufah. Photo: STR/dpa
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Israel Pounds South Lebanon After Intercepting Rockets, Hezbollah Denies Involvement 

FILED - 22 March 2025, Lebanon, Sujoud: Heavy black smoke billows from an Israeli air strike in the southern Lebanese village of Sujoud in Iqlim al-Toufah. Photo: STR/dpa
FILED - 22 March 2025, Lebanon, Sujoud: Heavy black smoke billows from an Israeli air strike in the southern Lebanese village of Sujoud in Iqlim al-Toufah. Photo: STR/dpa

Israel bombarded Hezbollah targets in south Lebanon on Friday after intercepting a rocket fired from its northern neighbor, the Israeli military said, although the Iranian-backed group denied involvement in the incident. 

Israel had vowed a strong response to protect its security, in what amounted to a further blow to the shaky ceasefire deal between the sides that ended a year-long war, a spillover of the Israeli-Hamas conflict in Gaza. 

A senior Hezbollah official denied in a statement that the group was involved in Friday's rocket launch, which followed a rocket salvo into northern Israel on March 22 for which the Iranian-backed group also denied responsibility. 

Hezbollah said the incidents appeared to be part of what it called attempts to create pretexts for the continuation of Israeli military action in Lebanon. 

Defense Minister Israel Katz said Israel held Lebanon responsible for missile fire into the Galilee region of northern Israel. "We will ensure the security of the residents of Galilee and will act forcefully against any threat," he said. 

Lebanese media said Israeli warplanes were flying over the country on Friday. 

A second rocket launched from south Lebanon on Friday landed inside the region, the Israeli military said. 

The truce disruptions have coincided with Israel's renewal of war against Palestinian group Hamas in Gaza, breaking a two-month-old ceasefire after the two sides could not agree on terms for extending it. 

Israeli artillery and airstrikes hit southern Lebanon on March 22, killing at least eight people, after Israel said it intercepted rockets fired from across the border. 

Hezbollah denied responsibility for rockets fired on Saturday, saying it had "no link" to the launches and remained committed to the ceasefire. 

Under a deal agreed in November, Hezbollah was to remove its weapons from southern Lebanon, Israeli ground forces were to withdraw, and the Lebanese army was to deploy in the area. 

The agreement tasked Lebanon's government with dismantling military infrastructure in the south and confiscating unauthorized weapons. 

The truce ended Israel's bombardment and ground operations in Lebanon, as well as Hezbollah's daily rocket fire into Israel. Both sides have accused each other of failing to fully implement the terms. 

Israel says Hezbollah maintains military positions in the south. Lebanon and Hezbollah say Israel continues to violate the deal by carrying out airstrikes and keeping troops at five hilltop positions near the border. 



Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
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Syria’s Finance Minister Says Foreign Investors Welcome after US Sanctions Move

A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)
A girl holds a Syrian flag, as people celebrate after US President Donald Trump said on Tuesday he would order the lifting of sanctions on Syria, in Damascus, Syria May 13 , 2025. (Reuters)

Syrian Finance Minister Yisr Barnieh made a call to global investors on Wednesday to come do business with Syria after US President Donald Trump's surprise announcement that he would lift all of Washington's sanctions on the country.

"Syria today is a land of opportunities, with immense potential across every sector—from agriculture to oil, tourism, infrastructure, and transportation,” Barnieh said in an interview with Reuters at the Finance Ministry in Damascus.

"We envision a central role for the private sector in the new Syrian economy. The finance ministry's role is not to spend indiscriminately or act as a regulatory enforcer over businesses, but rather to enable and support growth."

A wall outside his office still bore the discolored outline of one of the many posters of former strongman Bashar al-Assad that used to hang in Syria's public buildings before his ousting by the Hayat Tahrir al-Sham (HTS) last year.

Changes in Syria have been swift since Assad fled to Russia in December of last year.

HTS commander Ahmed Sharaa was appointed president, formed a government and had quick success garnering Gulf Arab support and getting most European sanctions lifted.

The stunning turn of events was capped by a meeting between Sharaa and Trump in Riyadh on Wednesday after Trump's pledge to cease US sanctions imposed on Syria under Assad-family rule, measures widely seen as the biggest external obstacles to the country's economic recovery.

Trump has not set out a timeline for removal.

"One of the most critical outcomes of lifting sanctions would be Syria's reintegration into the global financial system," Barnieh said.

"This would allow us to restore financial flows and attract investments, which are urgently needed across all sectors,” he said, adding that Syrian authorities have already seen strong interest from Saudi Arabia, the UAE, Kuwait, Qatar, and several EU countries, among others.

He noted that the government is undertaking a comprehensive overhaul of public financial management, including reforms to the tax system, customs, and banking -- part of a broader effort to modernize an economy long burdened by an oversized public sector.

He also struck a cautioning tone, saying that the removal of sanctions would be just the first step in a years-long recovery for a country ruined by 14 years of war.

"The lifting of sanctions is not the final chapter," he said.

"We cannot afford to become complacent. We are entering a new phase that demands real results and visible progress on the ground."