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Israel strikes Hezbollah financial institutions as Lebanon calls for talks

Israel strikes Hezbollah financial institutions as Lebanon calls for talks

Summary

Israel struck branches of the Al-Qard al-Hasan financial institution in Beirut, affiliated with Hezbollah, as part of ongoing tensions. The strikes are part of a renewed conflict that has caused significant displacement and casualties in Lebanon. Lebanon has called for negotiations to stop the hostilities.

Key Facts

  • The Israeli military targeted the Al-Qard al-Hasan financial institution in Beirut, which is associated with Hezbollah.
  • Al-Qard al-Hasan provides interest-free loans and is not part of the regular Lebanese financial system.
  • U.S. sanctions have been on this institution since 2007.
  • Lebanese streets near these institutions were blocked and traffic redirected for safety reasons.
  • Residents in southern Beirut have been evacuated due to ongoing airstrikes.
  • President Joseph Aoun of Lebanon has reached out to the UN and international community to start talks to stop the conflict.
  • Since the conflict resumed, Israeli strikes have killed over 400 people and displaced thousands in Lebanon.
  • The conflict worsened after Israel and the U.S. launched attacks on Iran.
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