Marketplace®

Daily business news and economic stories

Saudi Arabia pledges $3bn to help Lebanon fight Hezbollah

Saudi Arabia has made a $3 billion pledge to help Lebanon buy arms to counteract the role of Hezbollah.

Saudi Arabia has been throwing its cash around in an apparent effort to influence world affairs. It supports the rebels in Syria, and the kingdom is helping to bankroll the military-backed Egyptian government.

This morning, there’s word Saudi Arabia has made a $3 billion pledge to help Lebanon buy arms to counteract the role of Hezbollah, the Shia militia and political group backed by Iran. The BBC’s Carine Torbay reports on the latest from Beirut. Click the audio player above to hear more.

Related Topics

Collections: