Lebanon Financial News

Exciting news! Mint is now on WhatsApp Channels. Subscribe today by clicking the link and stay updated with the latest financial insights! Click here Moody’s Investors Service postponed a planned review of Israel’s rating on Friday, saying it continued to evaluate the wider credit risk of recent hostilities. The resilience of Israeli debt issuers is at stake if a conflict stretches on, the ratings agency said in a separate note earlier last week.

Israel continues to retaliate against Hamas, Israel Prime Minister Benjamin Netanyahu on Sunday said that Hamas thought Israel would break, but «We will break Hamas,» reported The Times of Israel. During the weekly cabinet meeting, the Prime Minister along with ministers stood in silence for a minute and paid tribute to those who lost their lives in the deadly Hamas attack. «Hamas thought we would break; we will break Hamas,» Netanyahu said. He further stressed that Israel is working in unity and it conveys a clear message to Hamas and to the world.

head towards the southern part of the region, between 10 am and 1 pm local time. Once the deadline exhausted, the IDF warned that it would “implement a wide range of offensive operative plans" in the region to target the Hamas militants. - The ground invasion, which would reportedly involve 10,000 soldiers along with aerial and naval forces, will be set off following “a political decision", military spokesmen Lieutenant Richard Hecht and Daniel Hagari said in a press briefing.

Israel is not interested in having a war on its northern frontier with Lebanon, Defence Minister Yoav Gallant said as tensions mount between the two countries. «We have no interest in a war in the north, we don't want to escalate the situation,» Gallant said in a video released by his office, as he visited troops in the country's south. «If Hezbollah chooses the path of war, it will pay a very heavy price… But if it restrains itself, we'll respect the situation and keep things the way they are, despite them being in a process of shooting from both sides.»

Gaza ground invasion aimed at destroying Hamas, the Palestinian Islamist militant group that unleashed the bloodiest attack in the country's history. In the eight days since Hamas gunmen killed more than 1,300 Israelis in their surprise onslaught, Israel has responded with a devastating bombing campaign that has claimed over 2,300 lives in Gaza. Fear and chaos reigned in the 40-kilometre (25-mile) long strip that is one of the world's most densely populated areas and where the UN estimated that one million have been displaced in the war's first week. Entire Gaza city blocks lay in ruins and hospitals were overflowing with thousands of wounded in the besieged territory, but there were fears of worse to come. A bereaved and infuriated Israel has massed forces outside the long-blockaded enclave of 2.4 million in preparation for what the army has said would be a land, air and sea attack involving a «significant ground operation». Israel has also stationed troops and tanks on its UN-patrolled northern border with Lebanon and closed a four kilometre (2.5 mile) wide zone there to civilians after deadly exchanges of cross-border fire with Iran-backed militant group Hezbollah. Israeli Prime Minister Benjamin Netanyahu visited front line troops in the south near Gaza on Saturday, wearing a flak jacket. «Are you ready for what is coming?» he said.

‘War crime’, ‘attempted genocide’: How some Jews around the world denounced Israel's Gaza bombardment This prompted the company's Pakistan-based arm to issue a statement in a bid to distance itself away from the Israeli branch's actions. “McDonald’s in Pakistan is a local enterprise, with full ownership and operation overseen by SIZA Foods Pvt. Ltd.

By Matt Tracy

Axios. This comes as the diplomatic sources said that on Saturday in Beirut, the capital city of Lebanon, Iranian Foreign Minister Hossein Amir-Abdollahian met with UN ambassador to the Middle East Tor Wennesland.

BEIRUT (Reuters) — Reuters visuals journalist Issam Abdallah, 37, who was killed on Friday while filming Israeli missile attacks at the Israeli-Lebanon border, brought courage, compassion and insight to his work covering some of the biggest news stories of the past decade.

By Nidal al-Mughrabi and Emily Rose

Gaza Strip, after telling Palestinians living in the densely populated territory to flee south towards a closed border with Egypt. The Israeli national security adviser meanwhile warned Lebanese militant group Hezbollah not to start a war on a second front to Israel's north, threatening the «destruction of Lebanon» it if did. Israel has vowed to annihilate the Hamas militant group that controls Gaza in retaliation for a rampage by its fighters, who stormed through Israeli towns a week ago, gunning down civilians and making off with scores of hostages in the worst attack on civilians in Israel's history. Some 1,300 people were killed in a brutal onslaught that left Israel in profound shock, both at the scale of the killing and at horrifying mobile phone footage and reports from medical and emergency services of atrocities in the towns and kibbutzes that were overrun. In response, Israeli jets and artillery have subjected Gaza to the most intense bombardment it has ever seen, putting the enclave, home to 2.3 million Palestinians, under total siege. Gaza authorities say more than 2,200 people have been killed, a quarter of them children, and nearly 10,000 wounded. Rescue workers searched desperately for survivors of nighttime air raids. Thousands of Palestinians fled the north of the Gaza Strip on Saturday from the path of the expected Israeli ground assault, while Israel pounded the area with more air strikes and said it kept two roads open to let people escape.

Israeli Prime Minister Benjamin Netanyahu has vowed to “crush and destroy” the militant group Hamas in response to its surprise weekend attack that has shaken the Middle East and the world.

Israel to stop its attacks on Gaza, warning that the war might expand to other parts of the Middle East if Hezbollah joins the battle, and that would make Israel suffer «a huge earthquake.» Hossein Amirabdollahian told reporters in Beirut that Lebanon's Hezbollah group has taken all the scenarios of a war into consideration and Israel should stop its attacks on Gaza as soon as possible. Israel considers Hezbollah its most serious immediate threat, estimating it has some 150,000 rockets and missiles, including precision-guided missiles that can hit anywhere in Israel.

JERUSALEM (Reuters) — The Israeli army said on Saturday it was aware of the incident in southern Lebanon in which a Reuters journalist was killed and that it was being investigated.

(Reuters) -A Reuters video journalist was killed and six other journalists injured in southern Lebanon on Friday when missiles fired from the direction of Israel struck them, according to a Reuters videographer who was at the scene.

AFP report, Hezbollah deputy chief Naim Qassem said, "We, as Hezbollah, are contributing to the confrontation and will (continue) to contribute to it within our vision and plan," Qassem told a pro-Palestinian rally in Beirut's southern suburbs. "We are fully prepared, and when the time comes for action, we will take it," he said.

Israel has used white phosphorus in Gaza and in two rural locations near the border with Lebanon, Human Rights Watch alleged in a recently released report amid escalating conflict.

Hamas will confront an ever-more capable opponent trained for years by a clandestine support network that stretches far beyond the tiny enclave to Iran and allied Arab groups. Hamas' deadly attack on southern Israel six days ago — unprecedented for the group in its planning and scale — was a devastating demonstration of the military expertise it has gained since seizing control of Gaza in 2007. «Necessity is the mother of invention,» said Ali Baraka, a senior Hamas official, adding that the group had long drawn on money and training from Iran and Iranian regional proxies like Lebanon's Hezbollah, while bolstering its own forces in Gaza.

Israel-Hamas war enters 6th day, India begins Operation Ajay, over 1,400 killed in Gaza attack Read all the LIVE updates on Israel-Hamas war here 1. Tens of thousands in Gaza are estimated to have fled south after Israel gave Palestinians 24 hours' notice to evacuate from the enclave's north before an expected ground offensive. Prior to the evacuation order, more than 400,000 Palestinians had been internally displaced due to the hostilities.

One Reuters journalist has been killed and two others injured in southern Lebanon, the news wire service says.

AIR FORCE ONE (Reuters) — U.S. President Joe Biden's prayers are with families of a Reuters news videographer who was killed while working in southern Lebanon, White House spokesperson Olivia Dalton told reporters on Friday.