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New U.S. Sanctions Against Hezbollah Risk Thwarting Lebanon's Progress

Sep 14, 2020 | 10:00 GMT

New U.S. Sanctions against Hezbollah risk extending Lebanon's economic and political crises by undercutting French efforts to broker Lebanese domestic political and economic reforms, which require the Iran-backed militant group and political party's support. On Sept. 8, the United States issued sanctions against two Lebanese politicians for engaging in corruption and providing "material support" to Hezbollah. The policy change appears to expand U.S. actions in recent years against the group, which has long been a target of Washington's efforts to counter Iranian proxies and allies throughout the Middle East. This is the first time the United States has targeted individuals with second-order connections to the group, broadening its scope of sanctions in ways that will impact a larger cross-section of Lebanese politicians across all major factions. The widening net will also create regulatory barriers that are likely to further spook investors and international institutions, including the International Monetary Fund....

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