'Financially solid': Hamas revenues set to withstand war with Israel
The Hindu
Hamas has diverse and resilient finances, including investments, donations, and Iranian aid, allowing it to survive the Israeli onslaught in Gaza.
Hamas has been the focus of a relentless Israeli onslaught in Gaza but with resilient and diverse finances, it is expected to have a significant war chest at its disposal as the conflict drags on.
Israel's Prime Minister Benjamin Netanyahu has vowed to annihilate the Palestinian Islamist movement behind the October 7 attack - the deadliest in the country's history.
The gunmen killed 1,139 people -- most of them civilians -- according to Israel, and took an estimated 250 hostages back to Gaza, where 129 are still believed to be held.
Also read: The Gaza Strip and the West Bank: physically situating the Israel-Palestine conflict
Over the past two months 18,800 people -- mostly women and children -- have been killed by Israeli bombardments in the Gaza Strip, according to authorities in the Hamas-ruled Palestinian territory.
But as Israel pursues its military objective, undermining Hamas's revenue streams will also prove a formidable task.
"Hamas is financially solid," Jessica Davis, president of the Canadian group Insight Threat Intelligence, told AFP.
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