Hizbullah’s sprawling financial empire looks newly vulnerable
Why Israel is now bombing Lebanese banks
Residents of Beirut are, by now, used to warnings from the Israel Defence Forces ahead of bombing runs. Typically, these instruct locals to stay away from a tower block suspected of harbouring fighters, or perhaps a school said to double as a weapons cache. The warning on October 20th was a little different. It told people to steer clear of branches of al-Qard al-Hassan (AQAH), a bank.
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This article appeared in the Finance & economics section of the print edition under the headline “Bombing banks”
Finance & economics October 26th 2024
From the October 26th 2024 edition
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