Re-Blogged From Stratfor
South America is a strong base of operations for the Lebanese militant group Hezbollah, which has had a presence in the continent dating back to the 1980s. The group established finance and logistical networks, which it used to facilitate two bombings in Argentina in the 1990s. The first bombing in 1992 targeted the Israeli Embassy in Buenos Aires, killing 29 people and injuring 242 more. A second bombing in 1994 targeted the Asociacion Mutual Israelita Argentina (AMIA), a Jewish community center in Buenos Aires, killing 85 and injured over 300. Since then, Hezbollah has shifted its operational focus from terror attacks to criminal activity to raise money, entering South America’s lucrative drug-trafficking business and dealing primarily with cocaine and heroin. Previously, we explored what Hezbollah now does in South America, and where it does it. Here, we will explore the threat Hezbollah poses to businesses in South America.
Re-Blogged From https://worldview.stratfor.com
- In the regional competition between Saudi Arabia and Iran, Lebanon is the most recent proxy battleground.
- Iran’s political and security connections in Lebanon mean Saudi Arabia will have a hard time countering its influence there.
- Saudi Arabia can wield some financial tools to try to pressure Lebanon, but Iran has the means to cushion some of the impact.
(FAYEZ NURELDINE/AFP/Getty Images)