by thenational.ae -- Joyce Karam -- A Hezbollah financier who was convicted in a US court and designated a “global terrorist” by the Treasury Department is due to be released nearly two years before the end of his sentence following a judge's ruling, two Lebanese sources following the case told The National. Kassim Tajideen is a Lebanese-Belgian citizen and a multi-millionaire who was designated in 2009 for supporting Hezbollah, a Lebanese militant organisation labelled as a terrorist group by the US. He was sentenced to five years in prison in 2019 but is now expected to be released by the US government on grounds of “goodwill”. Mr Tajideen, 64, was arrested in Morocco in 2017 and pleaded guilty in December 2018 for making nearly $1 billion (Dh3.7 billion) in illegal transactions and evading US sanctions. In August of 2019, following his extradition, he was ordered to pay $50 million alongside his prison sentence.

The director of hostage affairs at the Syrian emergency taskforce, Nizar Zakka, welcomed the news of his impending release. Mr Zakka, who was held hostage in Iran for four years, told The National the release is “gesture of good will” from the US. A US official at the Federal Bureau of Prisons confirmed that Mr Tajideen had left the federal prison where he had been held since August 2019. “Kassim Tajideen left the custody of the Federal Bureau of Prisons on June 11, 2020," the official said, adding that US Immigration and Customs Enforcement (ICE) may have more information.

by arabnews.com -- NAJIA HOUSSARI -- BEIRUT: An increasing number of activists in Lebanon are being arrested amid mounting criticism on social media of the government’s handling of the country’s worsening economy. In the latest such incident, activist Michel Chamoun was arrested on Thursday by state security for writing comments on social media that were deemed humiliating to President Michel Aoun. Dozens of protesters blocked the main road linking Beirut to Jbeil and Tripoli, demanding the immediate release of Chamoun and chanting slogans and insults against Aoun and Free Patriotic Movement leader Gebran Bassil. This led to clashes with security forces before army commandos and military police intervened. An army officer and a number of protesters were injured.

On Thursday evening, Chamoun was released after Melhem Khalaf, head of the Beirut Bar Association, intervened. Chamoun said he was released due to pressure from the protesters, and prior to his release he had “to sign a pledge not to insult the president of the republic anymore.” But he insisted: “I will criticize anyone I want as we live in a democratic republic.” After his release, Chamoun headed with Khalaf to join the protesters on Jounieh highway. Then the protesters opened the road for traffic. Lawyer Hassan Bazzi, a member of the Lawyers’ Committee to Defend Protesters in Lebanon, told Arab News: “Freedom of expression in Lebanon is sacred, as stressed by the Bar Association. It’s protected by the Lebanese constitution.” But, he said, “what activists on social media don’t know is that there are limits to criticism, and the law forbids insulting the president of the republic.” Bazzi added: “People can no longer stand the pressure they live under due to the dire financial and economic situation, which has made them lose faith in the country.” It is “unacceptable for the political authority to try to intimidate activists, or to threaten them with arrest unless they delete their comments,” he said. “This is something to be done only upon a ruling by a judge upon the request of the public prosecutor. However, all security agencies try to intimidate opponents.”

by NAJIA HOUSSARI -- arabnews.com -- BEIRUT: The US Ambassador to Lebanon Dorothy Shea met Lebanese Foreign Minister Nassif Hitti on Wednesday, as the country weighed the implications of the US Government’s Caesar Act, targeting people and businesses doing business with the regime of Syrian President Bashar Assad, for Lebanese companies operating in Syria. Rumors have circulated in Lebanon regarding an appendix in the Caesar Act holding a list of Lebanese entities set to be penalized for cooperating with the Syrian regime. It is unclear how the act will affect coordination between the Lebanese and Syrian militaries, as the two states share a border extending to nearly 375 kilometers. The future role of the Lebanese-Syrian Supreme Council, which coordinates relations between the governments of the two countries, is also unclear.

Hezbollah leader Hassan Nasrallah had called on the Lebanese people “not to submit to this act that aims to starve Lebanon and Syria.” In a speech, he said: “The Caesar Act harms Lebanon perhaps more than it harms Syria. Syria is (our) only passage toward the world, and what the Americans are trying to imply is that our only inland passage is Israel.” Nasrallah added: “To those who will make us choose between killing with weapons or starvation, we will hold our weapons in our hands, we will not starve, and we will kill them.” A Lebanese legal expert told Arab News that the act needed to be more closely examined to know for certain the effect it would have on Lebanon, but added that it did mean the US could impose sanctions. “The issue of sovereignty is not on the table and the decision-maker is the implementer. We have to look at this matter in real terms,” the expert said on condition of anonymity.

by finance.yahoo.com -- Leigh Cuen -- Cryptocurrency does not appear to be a significant trend in terror financing in the Middle East, but a new round of U.S. sanctions aimed at Syria may tip the scales in favor of experimentation. On Wednesday, Hezbollah leader Hassan Nasrallah said U.S. sanctions against his Syrian ally President Bashar al-Assad are an attempt to “starve” both Syria and Lebanon. Local black market activity related to global assets like dollars is surging, with Lebanese banks failing to meet that demand. “The Americans are pressuring the Bank of Lebanon to prevent it from putting enough dollars into the market,” Nasrallah said. To date, evidence suggests terror groups like Hamas are using only small amounts of bitcoin, at volumes far smaller than what the civilian population in the region is using. In fact, the analytics firm Chainalysis estimates most campaigns by terror groups like ISIS have raised “less than $10,000” worth of cryptocurrency, less than a single Palestinian trader typically sells in a week. That said, among the most prominent terrorist organizations in 2020, Hezbollah in southern Lebanon is arguably the most likely to benefit from using crypto. (Hezbollah is classified as a terror group by the U.S. and 17 other nations. A number of EU countries do not classify Hezbollah as a terror group.)

Randa Slim, the Lebanese-American director of diplomacy programs at the Middle East Institute think tank in Washington D.C., said she believes Hezbollah is interested in bitcoin. “No other party in Lebanon has the kind of access to financial resources nor the military infrastructure to be able to maintain its role. We’re going to see Hezbollah’s dominance over the political life of the country, and increasingly over the economic life of the country,” Slim said, referring to Lebanon’s current economic crisis. Hezbollah’s power may be growing, but bitcoin doesn’t appear to be playing a significant role in that so far. Slim said she hasn’t seen any “focus in Hezbollah-affiliated media and publications on cryptocurrency” and “the money from Iran mostly comes in cash.” Likewise, an anonymous Lebanese bitcoiner said he hasn’t seen or heard anything related to both bitcoin and Hezbollah.