The head of Lebanon's largest Christian party said Iran-backed Hezbollah should relinquish its weapons as quickly as possible to end its year-long war with Israel and spare Lebanon further death and destruction.

Report says losses concentrated in commerce, tourism, hospitality and agriculture, in addition to damage to physical structures; final costs expected to be far higher

Israeli airstrikes hit sites in Beirut's southern suburbs, setting explosions between buildings in the area known as Dahiyeh. Israel said it was targeting "Hezbollah facilities and interests" after issuing evacuation warnings prior to the airstrikes.