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BEIRUT (AFP) – Hezbollah chief Hassan Nasrallah said Wednesday "all possibilities" are open against Israel and warned the Jewish state's 2006 war with his party would resemble "a walk in the park" in the event of renewed conflict.

"We have to act as though all possibilities are real and open (against Israel) and we must always be ready for any eventuality," said Nasrallah, whose Shiite militant party is backed by Syria and Iran.

His comment marked the first time he has spoken so openly on the possibility of a renewed conflict with Israel since the war in Gaza began on December 27.

Nasrallah, addressing tens of thousands of supporters via video link at his stronghold in Beirut's suburbs on the occasion of Ashura, said that the 2006 conflict would be nothing compared to what awaits Israel if it opens a second front.

"I say to (Israeli Prime Minister Ehud) Olmert, the loser, the vanquished in Lebanon that 'you cannot overcome Hamas or Hezbollah'," Nasrallah said. "Your 2006 war will be but a walk in the park compared to what we have prepared for you in the event of a new offensive.

"We are ready to sacrifice our souls, our brothers and sisters, our children, our loved ones for what we believe in," he added. "We w... >>>