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Syrian Trade Routes Shift as Cucumbers Carve Out Divisions

Syrian Trade Routes Shift as Cucumbers Carve Out Divisions

The cucumbers at Haitham Mohammad’s stall used to travel a few miles to Damascus from the lush fields of Ghouta around the Syrian capital. They now get shipped from more than 200 kilometers (124 miles) away. The produce comes from the northern Aleppo Province after anti-government rebels...

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Iran has occupied Syria, opposition chief says

Iran has occupied Syria, opposition chief says

 Syria National Coalition President Ahmed al-Jarba said Iran has occupied Syria. “Iran must not have the role of the middle in the Syria talks because it has occupied Syria,” he said. The SNC has also called on the Lebanese Hezbollah to evacuate Syrian soil....

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Ikea Sends Its New Flatpack Refugee Shelter to Syria

Ikea Sends Its New Flatpack Refugee Shelter to Syria

Ikea, known for its affordable flatpack furniture, is moving into new territory: refugee housing. The Swedish retailer has teamed up with the United Nations’ refugee agency (UNHCR) to develop a   flatpack shelter   that can be quickly assembled on site. Recently...

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Syrian pound strengthens against US dollar after UN resolution approved

Syrian pound strengthens against US dollar after UN resolution approved

    The exchange rate of the Syrian pound rapidly strengthened against the US dollar recently after the international community agreed to resolve the chemical weapon crisis within the United Nations framework.   The Syrian pound showed more than 20...

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Forged documents to transfer ownership of refugee properties

Forged documents to transfer ownership of refugee properties

Many Syrians have witnessed transferring of the ownership of their properties into other owners, moreover, many properties have been sold where the thieves have used forged documents, according to Eqtsad, Business newspaper.   Official sources confirmed...

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Oil drops toward $106 as Syria tensions ease

Oil drops toward $106 as Syria tensions ease

Progress in reaching a deal to eliminate Syria's chemical weapons helped put downward pressure on oil prices Friday. Benchmark oil for October delivery was down 31 cents to $106.09 per barrel at midday Bangkok time in electronic trading on the New York Mercantile Exchange. The contract fell...

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 Syria's war costs Lebanon billions of dollars

Syria's war costs Lebanon billions of dollars

A World Bank report has said spillover from the Syrian war has cost Lebanon billions of dollars, deeply damaged its economy and harshly strained social services such as health and education. The new report, published on the website of Lebanese daily al-Safir on Thursday,...

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Dismantled Syrian Factories Resold in Turkey

Dismantled Syrian Factories Resold in Turkey

  Syrian businessmen said 15 giant plants have been dismantled and brought across the border to Turkey, in addition to many other smaller factories. Some of these factories were re-assembled in Turkey and are already operational, while others were sold as second-hand machinery. Some...

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Syria:11 killed in regime air strike on field hospital

Syria:11 killed in regime air strike on field hospital

A Syrian regime air strike on a field hospital in the northern province of Aleppo killed at least 11 people on Wednesday, the Syrian Observatory for Human Rights said.   “At least 11 people, including a doctor... were killed in an air strike on a field hospital in...

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Share rally pauses, markets watching diplomacy on Syria

Share rally pauses, markets watching diplomacy on Syria

A week of gains for world  stocks  petered out on Wednesday and a sell-off in oil and core government debt eased, as talks began on trying to avert a U.S. military strike on  Syria  against a broadly calm market backdrop. The safe-haven yen was at a seven-week low...

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  Electricity bills to increase in Syria amid People's suffering

Electricity bills to increase in Syria amid People's suffering

  Regime government intended to increase the electricity price for Syrian cosutumers  for the third time amid claims that the increase would not affect the lowest class consumers. The Assad government also discussed a decision to raise tariffs for subscribers for tension...

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What Will Military Intervention In Syria Cost U.S. Taxpayers?

What Will Military Intervention In Syria Cost U.S. Taxpayers?

  After evidence surfaced that Syrian President Bashar Assad’s forces used chemical weapons that allegedly killed more than 1,000 people, including women and children, President Obama has gone to Congress to authorize military action in the country. House members and...

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Syria's economy goes underground as black market thrives

Syria's economy goes underground as black market thrives

With his truck fully laden with vegetable oil, driver Mustafa Demir makes his regular trip to the Syrian border from  Turkey  to sell to rebels desperate for provisions as war closes off normal trade channels. "There is so much demand from the Syrian side. There is demand for...

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Analysis: Fed shift complicates Syria crisis trading strategy

Analysis: Fed shift complicates Syria crisis trading strategy

Some investors trying to protect themselves from any market gyrations provoked by a deepening Syrian crisis are looking to oil as an alternative to top-rated government  bonds , a traditional but currently unappealing haven in uncertain times. With U.S. Treasuries and German bunds...

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Syria again seeking rice after failed tender

Syria again seeking rice after failed tender

Syria  is seeking 135,000 metric tons (148,812 tons) of white short grain rice, its General Foreign Trade Organisation (GFTO) said on Monday, after failing to buy in a tender that closed on August 25, Reuters reported. Syria's civil war, now in its third year, has killed more than...

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Syria's Lira declines as U.S. military strike options increase

Syria's Lira declines as U.S. military strike options increase

Reports about an imminent U.S. strike against the backdrop of the Syrian government's alleged use of chemical weapons has caused panic in the Syrian markets and triggered off a new and sharp decline in the Syrian pound.   According to media reports, four U.S. Navy destroyers...

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Assad's Ba'ath launches private University with high premiums

Assad's Ba'ath launches private University with high premiums

In an unprecedented act, al-Ba’ath party announced the establishment of "Sham Private University" as one of its investments, what leaves the door wide open for many queries about the source of the money apart from the fate of money that has been stolen from the Syrians for decades....

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Syrian Oil And Gas: Little-Known Facts on Syria’s Energy Resources And Russia's Help

Syrian Oil And Gas: Little-Known Facts on Syria’s Energy Resources And Russia's Help

As the situation in Syria deteriorates with a threatened U.S. airstrike over President Bashar al-Assad’s chemical weapons, the Damascus regime still controls one of the largest conventional hydrocarbon resources in the eastern Mediterranean. Syria possessed 2.5 billion barrels of crude...

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