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The Treasury Department sanctioned two Beirut-based charities, Al-Waqfiya Al-Ri'aya Al-Usra Al-Filistinya Wa Al-Lubnanya ("Al-Waqfiya"), and the Al-Quds International Foundation ("Al-Quds"), for their support of Hamas. Treasury Under Secretary David Cohen said that terrorist kidnappings for ransom have generated approximately $120 million over the past eight years.