[vc_row][vc_column][vc_column_text]As the Lebanese economy slowly crashes and struggles to balance the budget, Nasrallah addressed the Lebanese banks in his latest speech, stating that it is the banks’ national duty to take part in balancing the budget by lowering interest rates.

Hezbollah tends to take advantage of enjoying both worlds – being a terrorist and criminal organization, while simultaneously being a member of the Lebanese Government. Now, Hezbollah is facing double-sided economic crisis. The Lebanese economy is slowly crashing; while the American sanctions on the terrorist group are causing another economic crisis – an internal one within Hezbollah itself.

Nasrallah also warned that the government will know how to respond if the banks do not fulfill their civic duty and promised that they will lose even their capital fund.

As part of the government, Hezbollah is using its own methods in attempting to balance the budget by threatening the Lebanese banks. Only a short while after Nasrallah’s speech, rumors began to surface in Lebanon, that new American sanctions are set to block Hezbollah’s access to the Lebanese banks. If this pressure on Hezbollah persists , the sanctions will take their toll on the terrorist group; while the Lebanese government bears the consequences of legitimizing Hezbollah as a political party and member of government.

*Photo from www.lebanon24.com.[/vc_column_text][/vc_column][/vc_row]

Ibrahim Abu Ahmad

Ibrahim Abu Ahmad

Sign up for our Newsletter

Sign up to stay current on Israel’s border conflict.
Skip to content