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Tag: Syria

Posted on June 17, 2020

US hits Syria’s elite with new economic and travel sanctions

The Trump administration on Wednesday ramped up pressure on Syrian President Bashar Assad and his inner circle with a raft of new economic and travel sanctions for human …

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Posted on June 17, 2020

U.S. hits Syria with toughest sanctions yet to push Assad to end war

The United States on Wednesday imposed its toughest sanctions ever targeting Syrian President Bashar al-Assad to choke off revenue for his government in a bid to force it back to United Nations-led …

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Posted on June 17, 2020

As the US rolls out new sanctions on Assad, Syria braces for economic devastation

The United States has rolled out fresh sanctions that aim to drive Syrian President Bashar al-Assad back to a UN-led negotiating table and threaten to devastate Syria’s already floundering economy.

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Posted on June 17, 2020

Restoring telecommunication networks in Syria is a key priority

The telecoms sector in Syria has paid a heavy toll from the years of civil war and destruction. The major mobile operators of Syriatel and MTN Syria, along with the incumbent, have been focusing on …

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Posted on June 17, 2020

Syria devalues currency amid chaos ahead of new US sanctions

Syria devalued its currency by 44% on Wednesday, announcing a new official exchange rate for the pound amid chaos in the market, hours before new U.S. sanctions aimed at cutting off revenue for Syrian …

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Posted on June 17, 2020

Syria war: New US sanctions target Assad government’s foreign backers

Tough new economic sanctions aimed at deterring foreign business activity with Syria’s government have been imposed by the United States. The measures in the Caesar Act seek to compel the government …

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Posted on June 17, 2020

U.S. to sanction Syria to block Assad from military victory

The United States said it will impose sanctions against Syria on Wednesday to force it to comply with U.N.-led negotiations to end the nearly decade-long civil war.

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Posted on June 17, 2020

Syria devalues currency as new US sanctions hit

Syria’s central bank devalued the Syrian pound on Wednesday giving in to weeks of depreciation on the black market as new US sanctions took effect. The central bank raised the official exchange rate …

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Posted on June 17, 2020

US sanctions on Syria: Caesar Act to take effect on Wednesday

New US sanctions are about to go into effect targeting any country, individual or entity that provides support to Syria’s government. The sanctions, under legislation called the Caesar Act, aim to …

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Posted on June 17, 2020

U.S. to sanction Syria to block ‘Assad regime from securing a military victory’

The United States said it will impose sanctions against Syria on Wednesday to force it to comply with U.N.-led negotiations to end the nearly decade-long civil war.

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