In the last bastion of the rebellion against President Bashar al-Assad, Syrians who fled his rule see new U.S. sanctions as a step in the right direction but say they must be shielded from any fallout as the currency crumbles. The toughest U.S. sanctions yet against Damascus came into...

The United States on Wednesday imposed sanctions on Syrian President Bashar al-Assad's wife and dozens of others as it vowed a vast pressure campaign under a new law that has already rattled the war-torn nation's economy. "We anticipate many more sanctions and we will not stop until Assad...

Syria's central bank devalued the Syrian pound 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 from 704 to 1,256 Syrian pounds to the dollar, in a statement published on its social media...

The UN special envoy for Syria said Tuesday he hopes that talks on drafting a new constitution for the country can be held in late August, warning the war-torn nation has plunged into economic crisis with rising fears among its people. Geir Pedersen told the UN. Security Council that a...