Breaking News

Hezbollah Forced to Cut Budget Over Iran Aid Shortage, Faces New U.S. Sanctions

JNS.orgA source close to the central command of Hezbollah said the terror group is feeling the effects of Iran’s tough economic situation and will be forced to slash its budget.

According to the source, Iran is feeling the strain of international sanctions related to its nuclear program as well as expenses related to the Syrian civil war, and as a result has cut its aid to Hezbollah, Lebanon’s The Daily Star reported.

Additionally, Hezbollah is feeling the effects of growing international scrutiny of its terror finance network, especially from the U.S. and European countries.

A new bipartisan U.S. Senate bill, called the Hezbollah International Financing Prevention Act of 2014, targets Hezbollah’s financing by going after financial institutions that help Hezbollah. This bill is similar to one introduced to the House of Representatives last month, which currently has 104 cosponsors.

“This important bipartisan legislation is critical to disrupting Hezbollah’s global networks and limiting its ability to finance terror attacks, spread its extremist message, and recruit new members,” Mark Dubowitz, executive director of the Foundation for Defense of Democracies, said in a statement.

…read more
Source: The Algemeiner

Please ShareShare on FacebookTweet about this on TwitterShare on Google+Share on LinkedInShare on StumbleUponPin on PinterestEmail this to someone

Jewish Content

Posted by on May 16, 2014. Filed under Breaking News,Israeli News,Slider. You can follow any responses to this entry through the RSS 2.0. Both comments and pings are currently closed.