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Syria without oil production, regime officials say

(Eqtsad)- An observer monitoring the oil production data announced by the Syrian regime officials, would directly notice the significant decline in the production of these data over the past year. The decline comes in contradiction to the statements of government officials about the...

PYD competes with regime in buying grain in Hasaka

Reporting by Mohamed Hussein (Eqtsad)- Harvesting of the wheat crop was nearing completion in the Hasaka province more than a week after its launch, while the recurrence of fire incidents worried farmers whose fields were still waiting for the harvesters to enter. Mr. Ibrahim, a farmer from...

Homs countryside: worst grain season in 20 years

(Eqtsad)- Siege and drought of groundwater wells and the lack of rain affected the winter grain crop in the northern besieged Homs countryside. Some agricultural engineers have expected a drop in grain to about a quarter of last year's level and 10 percent higher than in 2011. Agricultural...

How do Syrians handle savings in absence of banks

Reporting by Shams el-Din Matoun (Eqtsad)- Many of the rich people of the city of Idlib managed to preserve their capital and trade under the conditions prevailing in the province. Their biggest concern remained is how to save money especially since the banks stopped working like other vital...