US Imposes Sanctions on Hezbollah-Linked Businessmen in Lebanon

An exterior view of the building of US Department of the Treasury is seen on March 27, 2020 in Washington, DC. (AFP)
An exterior view of the building of US Department of the Treasury is seen on March 27, 2020 in Washington, DC. (AFP)
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US Imposes Sanctions on Hezbollah-Linked Businessmen in Lebanon

An exterior view of the building of US Department of the Treasury is seen on March 27, 2020 in Washington, DC. (AFP)
An exterior view of the building of US Department of the Treasury is seen on March 27, 2020 in Washington, DC. (AFP)

The United States on Tuesday imposed sanctions on three businessmen with ties to Hezbollah, saying their activity as financial facilitators for the Iran-backed group was exploiting Lebanon's economic resources at a time of crisis for that country.

The Treasury Department has added Adel Diab, Ali Mohamad Daoun, Jihad Salem Alame, and their company Dar Al Salam for Travel & Tourism, to its sanctions list, the department said in a statement.

"Through businessmen like those designated today, Hezbollah gains access to material and financial support through the legitimate commercial sector to fund its acts of terrorism and attempts to destabilize Lebanon's political institutions," the US Treasury said in the statement.

Lebanon's economy has been in crisis since 2019 when it collapsed under a mountain of debt. Its currency plunged to a new low last week, and swathes of the nation have been driven into poverty.

Lebanon's cabinet will hold its first meeting in three months next week, local media reported on Monday, after Hezbollah and another group, Amal, ended their boycott of the cabinet at the weekend.

The two groups, which back several ministers, had been boycotting the cabinet in a dispute over the conduct of an investigation into a huge explosion at Beirut's port in 2020.

The US Treasury said Tuesday's action requires all property owned by the three men and their business that is in the United States to be blocked and reported to the department, and that all transactions related to the property by U.S. citizens be prohibited.



China's Xi Visits Morocco, Meets with Crown Prince

Chinese President Xi Jinping. Reuters
Chinese President Xi Jinping. Reuters
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China's Xi Visits Morocco, Meets with Crown Prince

Chinese President Xi Jinping. Reuters
Chinese President Xi Jinping. Reuters

Chinese President Xi Jinping made a short visit to Morocco on Thursday, according to state media from both countries.
Xi was welcomed in Casablanca by Crown Prince Moulay El Hassan and the visit reflected the strong bonds of friendship, cooperation, and solidarity between the Moroccan and Chinese peoples, Morocco's MAP said.
The Crown Prince and Moroccan Prime Minister Aziz Akhannouch met Xi at the airport, where Xi and Hassan had a "cordial conversation", China's state broadcaster CCTV said.
Xi made the visit after being in Brazil for the G20 Summit.
China has stepped up investments in Morocco's infrastructure and rail sector in recent years.
Morocco's geographic location close to Europe, its free trade agreements with key EU and US markets and its existing automotive industry, make it attractive to Chinese electric vehicle battery makers.
In June, Chinese EV battery manufacturer Gotion High Tech picked Morocco to set up Africa's first gigafactory for a total cost of $1.3 billion.