War costs Lebanon $5 billion in losses, damages 100,000 homes
More than a year of clashes that escalated into war in September have cost Lebanon more than $5 billion in economic losses and damaged nearly 100,000 housing units, the World Bank said Thursday.
The World Bank report provided estimates for damage between October 8, 2023, and October 27, 2024, saying "the conflict has caused $5.1 billion in economic losses" and that it "damaged an estimated 99,209 housing units" -- mainly in Lebanon's war-torn south.
14 November 2024, 20:10
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All Hizbollah assets must be confiscated to pay for the damage. They will only cover a tiny portion of direct cost and nothing of the indirect costs to other communities. This will be the role of our lawyers to sue Iran in international courts and get court awards from Iran's massive frozen funds. Iran never paid anything to UNWRA or help Palestinians and Lebanese. Just destructive arms and indoctrination for its regional hegemony. Hizbollah is nothing but an Iranian Brigade transforming the South into Iran rocket base to blackmail the world. Hizb cost to Lebanon since 2005 is in the hundreds of billions. Suleimani's Kiss of Death in action. All Hizb leaders must be put in prison for being foreign agents. Pure and simple!
