Israeli Force Penetrates Syrian Territory to Thwart ‘Bombing Operation’

Israeli soldiers at a military post in the Golan Heights (AFP)
Israeli soldiers at a military post in the Golan Heights (AFP)
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Israeli Force Penetrates Syrian Territory to Thwart ‘Bombing Operation’

Israeli soldiers at a military post in the Golan Heights (AFP)
Israeli soldiers at a military post in the Golan Heights (AFP)

Tel Aviv announced on Monday that Israeli troops had entered Syrian territory in the Golan Heights to pursue a group of four male Syrians it accuses of planning an armed attack against its patrols.

In the operation, one of the Syrian suspects was seriously injured and was flown by a helicopter to receive treatment at an Israeli hospital near Tiberias. The other three perpetrators, however, managed to escape deeper into Syrian territory.

According to the Israeli account, four Syrian men approached the border in the heart of the occupied Golan and threw unknown objects towards a dirt route on which the Israeli army patrols.

It later turned out that the objects hurled on the road included a mine that did not explode.

An Israeli military force affiliated with the 402nd Artillery Brigade penetrated the border and opened live fire at the suspects as they fled the scene.

Israeli troops fired at the suspects without first confirming if they were armed or not.

According to a report made by the hospital treating the shot suspect, the wounded perpetrator was in a “serious and unstable” condition.

Moreover, the report revealed that the suspect was transferred to the operating room to undergo surgery.

The Israeli operation into Syrian territory is not the first of its kind. Israeli forces on the occupied side of the Golan heights have previously come under fire from the liberated Syrian territory in the Golan.

For their part, Israeli forces are known for firing at anyone who approaches the border.

In September 2018, the Israeli army announced that its soldiers had fired at a group of Syrian gunmen near the border wall in the Golan. The justification for the firing was that the Syrians came too close to Israeli soldiers.



Lebanese Central Bank Rejects Proposals to Invest Gold Reserves

A visitor examines the weight of a gold bar at the Banque du Liban Currency Museum (Banque du Liban website).
A visitor examines the weight of a gold bar at the Banque du Liban Currency Museum (Banque du Liban website).
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Lebanese Central Bank Rejects Proposals to Invest Gold Reserves

A visitor examines the weight of a gold bar at the Banque du Liban Currency Museum (Banque du Liban website).
A visitor examines the weight of a gold bar at the Banque du Liban Currency Museum (Banque du Liban website).

The sharp rise in the market value of Lebanon’s gold reserves has sparked renewed debate over their potential use to support the country’s financial recovery. However, the central bank remains firm in its stance against any move to liquidate or invest the reserves, citing strict legal restrictions and the risks of mismanagement.
A senior financial official, speaking to Asharq Al-Awsat, acknowledged the significance of these discussions, particularly as the central bank’s updated figures estimate Lebanon’s gold holdings at around $28 billion. However, he emphasized that before considering any new policies, a full qualitative audit of the reserves is necessary to determine their exact value, weight, and historical origins.
Lebanon officially holds approximately 286.8 tons of gold, or 9.25 million ounces. This reserve was accumulated under the 1963 Monetary and Credit Law to back the Lebanese lira. Currently, two-thirds of the gold is stored securely at the central bank in Beirut, while the remaining third is held at Fort Knox in the United States.
Despite the growing interest in leveraging this asset, Lebanese law strictly prohibits any direct or indirect transaction involving the gold. Law No. 42 of 1986 mandates that any sale, leasing, or investment of the reserves must receive explicit approval from Parliament. Acting Central Bank Governor Dr. Wassim Mansouri has reaffirmed this restriction, stating unequivocally: “No matter what happens, I will not sign off on moving even a gram of gold.”
Mansouri also highlighted the dangers of using reserves irresponsibly. Before Lebanon’s financial collapse in late 2019, the central bank held around $33 billion in foreign currency reserves, while gold reserves were valued at $16 billion. The cash reserves were largely depleted through unsustainable subsidy programs, leaving only $8.5 billion today. “We lost one and a half times the value of our gold, and it didn’t solve anything. The idea of using gold is simply not an option,” he said.
While some policymakers argue that investing the gold could generate much-needed revenue, financial experts warn that without proper governance, such a move could lead to further mismanagement. Instead, they stress the need for deeper economic and institutional reforms.
A key priority is securing an agreement with the International Monetary Fund (IMF) to ensure financial discipline, transparency, and oversight. Any decision regarding the gold reserves would require parliamentary approval and a clear, well-justified plan. However, financial experts argue that Lebanon already possesses vast state-owned assets that, if managed properly, could help close the country’s estimated $72 billion financial gap.
These assets include coastal and riverfront properties, 850 million square meters of state-owned land, high-value real estate in Beirut and other cities, as well as key infrastructure such as electricity, water, telecommunications, ports, and transport networks. Many of these resources remain underutilized due to corruption and inefficiency.