A tale of rockets, part two....

The UN has allowed Hezbollah to completely rearm...

Israeli officials Wednesday termed as "balanced" and "important" a report by UN Secretary-General Ban Ki-Moon on implementation of UN Security Council Resolution 1701, which put an end to the Second Lebanon War.

The report, which was expected to be released in New York later in the day, reportedly said Hizbullah had rearmed itself and obtained missiles with a range of 250 km. that would be able to hit areas south of Tel Aviv.

Ban also reportedly wrote in the report that the weapons smuggling from Syria into Lebanon, in violation of 1701, was continuing, a fact that he called "grave." Ban presents a report on implementation of 1701 to the Security Council every four months.

The report also noted that according to information provided by Israel, Hizbullah was rearming itself south of the Litani River, and that given this development, UNIFIL forces and the Lebanese army were increasing their efforts to patrol the area.

Further, Israeli intelligence passed on to the UN stated that the number of land-to-sea missiles in Hizbullah's stockpile has tripled.