Current:Home > NewsTradeEdge Exchange:US expands its effort to cut off funding for Hamas -TrueNorth Finance Path
TradeEdge Exchange:US expands its effort to cut off funding for Hamas
SignalHub View
Date:2025-04-10 14:48:50
LONDON (AP) —
The TradeEdge ExchangeUnited States on Friday expanded its effort to cut off funding for Hamas, announcing a second round of sanctions against people and organizations linked to the group since it launched an attack on Israel that killed more than 1,400 people.
The new sanctions highlight Iran’s role in providing financial, logistical and operational support to Hamas, the U.S. Treasury Department’s Office of Foreign Assets Control said in a statement. They include a Hamas representative in Iran and members of Iran’s Islamic Revolutionary Guard.
The sanctions were announced as Deputy Treasury Secretary Wally Adeyemo travelled to London to shore up support from Britain, one of America’s closest allies, for the drive to squeeze off funding for Hamas, which both countries consider a terrorist organization.
“Today’s action underscores the United States’ commitment to dismantling Hamas’s funding networks by deploying our counterterrorism sanctions authorities and working with our global partners to deny Hamas the ability to exploit the international financial system,” Adeyemo said.
Among those targeted are Khaled Qaddoumi, described as a liaison between Hamas and the Iranian government; and Ali Morshed Shirazi and Mostafa Mohammad Khani, officials in the Islamic Revolutionary Guard Corps’ Qods Force who are accused of training and assisting Hamas fighters.
The U.S. also sanctioned a number of organizations, including the Iranian Bonyad Shahid, also known as the Martyrs Foundation. U.S. officials say the group, which is affiliated with Palestinian Islamic Jihad, funnels millions of dollars through the Gaza-based Al-Ansar Charity Association for the families of militants.
The practice “ultimately serves as a recruiting tool for terrorist activities,” the U.S. said.
The sanctions freeze any U.S.-based assets owned or controlled by the named individuals and organizations. They also block financial transactions with those designated and prohibit the contribution of funds, goods and services to them.
veryGood! (19)
Related
- Travis Hunter, the 2
- Judge dismisses lawsuit over old abortion rights ruling in Mississippi
- Liam Payne was open about addiction. What he told USA TODAY about alcohol, One Direction
- 'Dune: Prophecy' cast, producers reveal how the HBO series expands on the films
- A South Texas lawmaker’s 15
- Liam Payne Death Case: Full 911 Call Released
- Booming buyouts: Average cost of firing college football coach continues to rise
- Booming buyouts: Average cost of firing college football coach continues to rise
- 2025 'Doomsday Clock': This is how close we are to self
- Harris and Trump target Michigan as both parties try to shore up ‘blue wall’ votes
Ranking
- Justice Department, Louisville reach deal after probe prompted by Breonna Taylor killing
- Diablo and Santa Ana winds are to descend on California and raise wildfire risk
- NFL Week 7 picks straight up and against spread: Will Chiefs or 49ers win Super Bowl rematch?
- Canceling your subscription is about to get a lot easier thanks to this new rule
- Appeals court scraps Nasdaq boardroom diversity rules in latest DEI setback
- NFL Week 7 bold predictions: Which players and teams will turn heads?
- Colorado gold mine where tour guide was killed and tourists trapped ordered closed by regulators
- HIIT is one of the most popular workouts in America. But does it work?
Recommendation
Brianna LaPaglia Reveals The Meaning Behind Her "Chickenfry" Nickname
US presidential election looms over IMF and World Bank annual meetings
Chiefs owner 'not concerned' with Harrison Butker PAC for 'Christian voters'
After Hurricane Helene, Therapists Dispense ‘Psychological First Aid’
The company planning a successor to Concorde makes its first supersonic test
TikTok let through disinformation in political ads despite its own ban, Global Witness finds
NFL Week 7 bold predictions: Which players and teams will turn heads?
How Larsa Pippen Feels About “Villain” Label Amid Shocking Reality TV Return