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Iraq protests shake up govt, but not oil that funds it

Iraq has been rocked by two months of anti-government protests that brought down premier Adel Abdel Mahdi on Sunday, but its lucrative oil industry has been curiously insulated from the turmoil. AFP looks at how the energy industry of OPEC's second-largest producer has weathered the...

Damascus shop owners strike over sharp drop in Pound value

Tens of Damascus shop owners went on strike Friday, protesting the deteriorating value of the Syrian pound against the dollar that hits 800 for $1, local activists said. The Political Security Division threatened to arrest the merchants who close their shops for monopoly purposes....

Black Friday kicks off scramble in a shorter shopping season

Black Friday shoppers fought for parking spots and traveled cross-state to their favorite malls, kicking off a shortened shopping season that intensified the mad scramble between Thanksgiving and Christmas. The shopping season is the shortest since 2013 because Thanksgiving fell on the...

Syrian budget suffers $1 billion drop

Thirty days has passed between the date of the submission of the regime’s budget to the People's Assembly and its final approval on Tuesday. However, as the Syrian Pound plummeted to an all-time low, the budget suffered around a $1 billion drop. On October 27, the People's Assembly was...