The National: Hamas looking to expand its financial networks as US sanctions hit
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"Hamas’s wealth and financial foundation might still be largely intact. As a result, the militant group could potentially recover despite the devastation in the enclave, said senior director of the Counter Extremism Project, Hans-Jakob Schindler.
He stressed the need for a global strategy to limit Hamas's finances, including stronger US and EU sanctions, closing regulatory loopholes in countries that had not previously listed the group, such as Switzerland, and globally recognising Hamas as a terrorist organisation."
Date
January 22, 2024
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