US sanctions six people, seven firms under rules targeting Hezbollah

Hezbollah supporters wave its flag. (AFP)
Updated 02 February 2018

US sanctions six people, seven firms under rules targeting Hezbollah

WASHINGTON: The Trump administration attacked Hezbollah's financial network on Friday by imposing sanctions on six people and seven entities in an effort to turn back Iran's influence in the Middle East and beyond.
"The administration is determined to expose and disrupt Hezbollah's networks, including those across the Middle East and West Africa, used to fund their illicit operations," Treasury Secretary Steven Mnuchin said in announcing the penalties under financial regulations targeting the Lebanon-based Hezbollah militant group.
The six sanctioned individuals included five Lebanese and one Iraqi, most of them linked to Al-Inmaa Engineering and Contracting, the Treasury Department said. The seven entities were firms based in Sierra Leone, Liberia, Lebanon and Ghana, the statement said.
Senior Trump administration officials said the sanctions were part of an aggressive move against Hezbollah to try to limit the influence of Iran, which gives the group about $700 million a year to help finance its activities.
The officials, briefing reporters at the White House on condition of anonymity, said the Trump administration was working to reverse what it considers a more lackadaisical approach toward Hezbollah by Democratic President Barack Obama after the 2015 Iran nuclear deal went into effect.
More such targeted sanctions are expected in the months ahead, they said.
The officials said Hezbollah was already under financial strain as it continued to pay for costly operations in Syria and Yemen. The goal was to get European allies to join the United States in increasing pressure on the group, they said.
As a result of the Treasury designations, all their assets subject to U.S. jurisdiction are blocked and Americans are prohibited from engaging in transactions with them.
The six individuals were targeted because they are linked to financier Adham Tabaja and his company, Al-Inmaa Engineering and Contracting. The officials described Tabaja as among the top five Hezbollah financiers at the moment.


Climate activists lashed to EU building as leaders gather

Updated 7 min 8 sec ago

Climate activists lashed to EU building as leaders gather

  • An Associated Press TV reporter said around 20 activists on the ground were detained
  • The EU leaders are set to debate ways for the 28-nation bloc to become carbon neutral by 2050

BRUSSELS: Greenpeace activists on Thursday scaled the European Union’s new headquarters, unfurling a huge banner warning of a “climate emergency” hours before the bloc’s leaders gather for a summit focused on plans to combat global warming.

Around 30 environmental activists clad in red and wearing climbing gear stood on ledges of the Europa building in Brussels as police gathered below and a helicopter circled overhead.

An Associated Press TV reporter said around 20 activists on the ground were detained. The group managed to climb the building by using the ladder of an old fire truck and has enough food to last for two days, according to Greenpeace spokesman Mark Breddy.

The EU leaders are set to debate ways for the 28-nation bloc to become carbon neutral by 2050. But poorer coal-dependent nations fear they could be hardest hit by the effort to transform their energy sources.

European Commission President Ursula von der Leyen unveiled Wednesday a new “European Green Deal” with an offer of some 100 billion euros ($130 billion) to help fossil-fuel reliant EU nations that make the transition to lower emissions.

The EU leaders will also discuss their long-term budget plans, the euro single currency and Brexit in the light of British election results.