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Hezbollah’s finances dry up as cash sources cut
Hezbollah is running out of money, as three of its main sources of cash dry up, the Voice of America (VOA) reported on Friday.
The Iranian terrorist proxy relies on three key funding channels: Al-Qard al Hasan, or AQAH, a Hezbollah-owned quasi-bank operating without a government banking license; Licensed Lebanese commercial banks: and cash from Iran, Researchers told the broadcaster.
Israel targeted AQAH in its initial airstrikes during the current campaign in Lebanon. They hit Hezbollah’s “cash storage centers, including a large part of the AQAH vaults,” leaving the group in a “financial crisis,” VOA reported, quoting a Sept. 30 report by Murr Television, aka MTV Lebanon.
Hilal Khashan, a political science professor at the American University of Beirut, also told the VOA that Israel “destroyed” most of AQAH’s branches.
“Hezbollah is facing a very serious financial problem. They are unable to pay rank and file members who have fled their homes and need to feed their families,” Khashan said.
The Meir Amit Intelligence and Terrorism Information Center (ITIC), a group of Israeli intelligence veterans, describes Al-Qard al-Hasan (“The Benevolent Loan”), as an institution that mainly provides interest-free loans to the Shi’ite community in Lebanon.
The main idea is to support Shi’ite society so that it in turn will support Hezbollah, becoming a “resistance society,” ITIC explained.
The U.S. Treasury Department sanctioned AQAH in 2007 and individuals associated with it in proceeding years. The sanctions did not, however, affect the number of loans provided by the organization, which continued to grow, ITIC said.
David Asher, a former U.S. Defense and State Department official who focused on Hezbollah’s drug trafficking and money laundering operations, told VOA that the group is in “deep trouble” as it is also losing access to Lebanese banking.
“I’m hearing from Lebanese bankers, including Hezbollah financiers, that Lebanon’s wealthiest bankers who can afford to fly have fled to Europe and the Gulf, fearing they could be targeted next by Israel for helping Hezbollah,” Asher said, now a senior fellow at the Washington-based Hudson Institute.
“These Lebanese bankers, most of them billionaires, see the wind is blowing against Hezbollah, so they are not going to let it take millions of dollars out of their banks, which still have cash despite being bankrupt on paper,” Asher said. “They know that if they do, Israel probably will eliminate them, too.”
Another Hezbollah funding source is cash delivered by plane from Iran. It, too, is drying up.
On Sept. 27, Israel warned it would not allow hostile flights carrying weapons to land at Beirut’s airport. The next day, an Iranian flight from Tehran made a U-turn over Iraqi airspace.
Lebanon’s Transport Ministry said it had ordered the Iranian plane to turn around after an Israeli threat that it would use force against Beirut’s air traffic control tower if the plane attempted to land.
“I’ve heard from my Israeli counterparts that the Iranians are scared to send money to Lebanon right now because Israel is threatening to target flights into Beirut. The Israelis are warning they will target flights full of money, not just weapons,” Asher said.
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Tucker’s Ideas About Jews Come from Darkest Corners of the Internet, Says Huckabee After Combative Interview
US Ambassador to Israel Mike Huckabee looks on during the day he visits the Western Wall, Judaism’s holiest prayer site, in Jerusalem’s Old City, April 18, 2025. Photo: REUTERS/Ronen Zvulun
i24 News – In a combative interview with US Ambassador to Israel Mike Huckabee, right-wing firebrand Tucker Carlson made a host of contentious and often demonstrably false claims that quickly went viral online. Huckabee, who repeatedly challenged the former Fox News star during the interview, subsequently made a long post on X, identifying a pattern of bad-faith arguments, distortions and conspiracies in Carlson’s rhetorical style.
Huckabee pointed out his words were not accorded by Carlson the same degree of attention and curiosity the anchor evinced toward such unsavory characters as “the little Nazi sympathizer Nick Fuentes or the guy who thought Hitler was the good guy and Churchill the bad guy.”
“What I wasn’t anticipating was a lengthy series of questions where he seemed to be insinuating that the Jews of today aren’t really same people as the Jews of the Bible,” Huckabee wrote, adding that Tucker’s obsession with conspiracies regarding the provenance of Ashkenazi Jews obscured the fact that most Israeli Jews were refugees from the Arab and Muslim world.
The idea that Ashkenazi Jews are an Asiatic tribe who invented a false ancestry “gained traction in the 80’s and 90’s with David Duke and other Klansmen and neo-Nazis,” Huckabee wrote. “It has really caught fire in recent years on the Internet and social media, mostly from some of the most overt antisemites and Jew haters you can find.”
Carlson branded Israel “probably the most violent country on earth” and cited the false claim that Israel President Isaac Herzog had visited the infamous island of the late, disgraced sex offender Jeffrey Epstein.
“The current president of Israel, whom I know you know, apparently was at ‘pedo island.’ That’s what it says,” Carlson said, citing a debunked claim made by The Times reporter Gabrielle Weiniger. “Still-living, high-level Israeli officials are directly implicated in Epstein’s life, if not his crimes, so I think you’d be following this.”
Another misleading claim made by Carlson was that there were more Christians in Qatar than in Israel.
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Pezeshkian Says Iran Will Not Bow to Pressure Amid US Nuclear Talks
Iranian President Masoud Pezeshkian attends the Shanghai Cooperation Organisation (SCO) Summit 2025, in Tianjin, China, September 1, 2025. Iran’s Presidential website/WANA (West Asia News Agency)/Handout via REUTERS
Iranian President Masoud Pezeshkian said on Saturday that his country would not bow its head to pressure from world powers amid nuclear talks with the United States.
“World powers are lining up to force us to bow our heads… but we will not bow our heads despite all the problems that they are creating for us,” Pezeshkian said in a speech carried live by state TV.
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Italy’s RAI Apologizes after Latest Gaffe Targets Israeli Bobsleigh Team
Milano Cortina 2026 Olympics – Bobsleigh – 4-man Heat 1 – Cortina Sliding Centre, Cortina d’Ampezzo, Italy – February 21, 2026. Adam Edelman of Israel, Menachem Chen of Israel, Uri Zisman of Israel, Omer Katz of Israel in action during Heat 1. Photo: REUTERS/Athit Perawongmetha
Italy’s state broadcaster RAI was forced to apologize to the Jewish community on Saturday after an off‑air remark advising its producers to “avoid” the Israeli crew was broadcast before coverage of the Four-Man bobsleigh event at the Winter Olympics.
The head of RAI’s sports division had already resigned earlier in the week after his error-ridden commentary at the Milano Cortina 2026 opening ceremony two weeks ago triggered a revolt among its journalists.
On Saturday, viewers heard “Let’s avoid crew number 21, which is the Israeli one” and then “no, because …” before the sound was cut off.
RAI CEO Giampaolo Rossi said the incident represented a “serious” breach of the principles of impartiality, respect and inclusion that should guide the public broadcaster.
He added that RAI had opened an internal inquiry to swiftly determine any responsibility and any potential disciplinary procedures.
In a separate statement RAI’s board of directors condemned the remark as “unacceptable.”
The board apologized to the Jewish community, the athletes involved and all viewers who felt offended.
RAI is the country’s largest media organization and operates national television, radio and digital news services.
The union representing RAI journalists, Usigrai, had said Paolo Petrecca’s opening ceremony commentary had dealt “a serious blow” to the company’s credibility.
His missteps included misidentifying venues and public figures, and making comments about national teams that were widely criticized.