The agreement launches a $1-billion reconstruction framework while Washington pressures Beirut to strip the resistance of its weapons.

The World Bank will also appoint an international engineering firm to supervise implementation and ensure compliance with technical, fiduciary, and anti-money laundering standards.

This comes just as US and Lebanese officials met on 26 August to press for Hezbollah’s disarmament and the establishment of a US-backed “Trump economic zone” in south Lebanon.

The Cradle Media report

The Word Bank & International Monetary Fund are tools of the West to continue with the colonial ownership reversed in financing.

There is, of course, no longer a physical colonialism in existence in West Asia, except for Palestine.

However, since the majority of nation states have reached independency from their colonial masters, the West continued ownership of these freed countries through finance by lending funds.

Upon reaching independency, the treasuries of these  countries’ were emptied by the colonising powers, and most of them were burdened with debt as they had to pay their colonial masters for the damage of loosing slaves and colonies!

The most prominent example is Haiti.

Furthermore, these once exploited countries were in need of building civilian infrastructure, schools, and hospitals for the purpose of advancement.

They needed money. Hence, their former colonial squirers, who in the meantime had invented the modern banking system, most prominently, the Central Bank, were ready to lend money and ensnared them into the debt trap and total dependency.

The WB and IMF have proven to be ideal to continue financial exploitation by lending money to poor countries.

These countries have no means to pay back the debt, including the interest, creating total dependence, and exploitation.

Some developing countries who, through the production and sales of goods to the West, including the US, have been able to pay some of the debt back, are facing Trump’s astronomical high tax tariffs, some of which as high as 50 or 100 per cent.

Trump’s tax policy is just the other face of colonialism, dependence, and exploitation.

How the world can free itself from US financial colonialism: Economist Michael Hudson explains – Geopoliticaleconomy report by Ben Norton.