Hamas is
Hamas is "running out" of money, claims inside sources
Tel Aviv: Amid the ongoing war with the Israel Defense Forces (IDF), extremist group Hamas is facing financial an unprecedented economic crisis, London-based newspaper Al-Sharq Al-Awsat reported citing the group's sources.
It is to be noted that the economic collapse is the worst in the Hamas's history. This crisis has led several of its operatives unpaid, raising questions about its ability to maintain internal cohesion.
According to Al-Sharq Al-Awsat, the extremist group is facing difficulties in paying salaries to its operatives. The report citing Hamas sources stated that the militant group is able to pay only 900 shekels, nearly USD 240 USD, over the past four months. This has caused widespread anger among the employees and operatives. The report further mentioned that amid Israel's ongoing elimination of the group's leadership, a vacuum has been created within its so-called government.
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
23 minutes ago
- Time of India
India-US trade pact: Officials discuss market access, digital trade, customs facilitation
India and the US teams discussed issues pertaining to market access, digital trade , and customs facilitation during the week-long deliberations on the proposed bilateral trade agreement , an official said. According to the official, both sides agreed to continue negotiations to achieve an expeditious conclusion of the initial tranche of the BTA. India and the US are working towards negotiating the first tranche of a mutually beneficial, multi-sector Bilateral Trade Agreement (BTA) by fall (September-October) 2025. To advance the objective of concluding a comprehensive and forward-looking BTA, a US delegation led by Additional US Trade Representative visited India from June 4-10. "During the visit, in-depth negotiations were held on various elements of the proposed BTA that among others included areas such as market access, SPS (sanitary and phyto-sanitary/TBT (technical barriers to trade), digital trade, customs and trade facilitation and legal framework," the official said. Live Events The US has special interest in the digital trade and its digital services providers have often flagged restrictions on cross-border data flows and competition policy as a hindrance in operating in India. The SPS deals with measures to protect human, animal and plant health from food-borne risks, animal or plant carried diseases and pests. The TBT deals with technical regulations, standards and procedures to comply with SPS. The farm sector is the one that is covered by these regulations. Customs and trade facilitation involves streamlining the procedures and process in trade. The negotiations held with the US side were productive and helped in making progress towards crafting a mutually beneficial and balanced agreement including through achievement of early wins. The visit of the US official team was important as India and America are likely to agree on an interim trade agreement by the end of June, with New Delhi pushing for full exemption from the 26 per cent reciprocal tariff on domestic goods. The US has suspended the proposed tariffs till July 9. There are expectations that an interim trade deal could be finalised before that. The US remained India's largest trading partner for the fourth consecutive year in 2024-25, with bilateral trade valued at USD 131.84 billion. The US accounts for about 18 per cent of India's total goods exports, 6.22 per cent in imports, and 10.73 per cent in the country's total merchandise trade. Economic Times WhatsApp channel )
Indian Express
26 minutes ago
- Indian Express
US imposes sanctions on alleged sham Palestinian charities
The US Treasury Department on Tuesday imposed sanctions on five people and five entities across the Middle East, Africa and Europe, accusing them of being prominent financial supporters of Hamas' military wing under the pretense of conducting humanitarian work in the Gaza Strip and around the world. Those sanctioned include the Gaza-based charity Al Weam Charitable Society, which is accused of being controlled by Hamas, along with its executive director Muhammad Sami Muhammad Abu Marei. Turkey-based charity Filistin Vakfi and its President Zeki Abdullah Ibrahim Ararawi were also targeted for sanctions. Charities in Algeria, the Netherlands and Italy were also targeted for sanctions. The department is also targeting a separate charity linked to the Popular Front for the Liberation of Palestine, or PFLP. A 2024 Treasury report on terrorist financing highlights how online crowdfunding is increasingly done under the guise of soliciting legitimate charitable donations, making it difficult to identify as terrorist financing. Because the majority of crowdfunding activity is legitimate, 'this status can make it more difficult for law enforcement attempting to investigate potential (terrorist financing) cases with a crowdfunding and online fundraising nexus,' the report said.
The Hindu
26 minutes ago
- The Hindu
U.K., and four other allies sanction Israeli Ministers Ben-Gvir, Smotrich
The U.K, along with Australia, Canada, New Zealand and Norway, has sanctioned two Israeli Government Ministers, Itamar Ben-Gvir and Bezalel Smotrich on Tuesday, 'for inciting violence against Palestinians in the West Bank'. While the move was focused on the West Bank, a joint statement from the countries said it could not be viewed in isolation from the 'catastrophe' in Gaza. 'There must be no unlawful transfer of Palestinians from Gaza or within the West Bank, nor any reduction in the territory of the Gaza Strip, the statement said. With regard to the U.K. both Ministers will immediately be subject to an asset freeze, travel ban and be disqualified from the directorship, management, formation or promotion of a British company. Also read | Western countries condemn expansion of Israeli operations in Gaza The move comes as pressure mounts on the government of U.K. Prime Minister Keir Starmer change tack and adopt a stronger position against Israel's actions, particularly its military operations in Gaza and restrictions on humanitarian aid reaching the strip. Last month the U.K. announced sanctions against certain Israeli settlers in the West Bank and the suspension of trade talks with Tel Aviv. Last week, former Labour leader Jeremy Corbyn led a group of MPs in introducing a bill in the U.K. Parliament calling for an independent inquiry into the U.K. government's role in the Israel-Gaza conflict since October 2023. Israeli Foreign Minister Gideon Sa'ar said the Israeli government had been 'informed' of U.K.'s decision to sanction its ministers . Mr Sa'ar said it was 'outrageous' that elected representatives could be subject to these kind of actions and that a special meeting would be held early next week to decide on a response to the sanctions. The sanctioning countries emphasized that the move did not undermine their 'unwavering' commitment to Israel's security and their condemnation of the October 7, 2023 attack on Israel by Hamas. The actions of Mr Smotrich and Mr Ben-Gvir had undermined Israel's security, the statement said, adding that the sanctioning countries continued to want a 'strong friendship' with the people of Israel.
