Syria's pound -lira- has continued to slide down against the dollar after few 225% of its value in the black market since the outbreak of Syrian revolution against the Assad regime March 2011. The hysteric increase relied on many reason, the newest one is lack of Dollar...

Four million Syrians, or a fifth of the population, are unable to produce or buy enough food for their needs and the situation could deteriorate further next year if the two-year old conflict continues, the  United Nations  said on Friday. Reuters reported. Following a...

Some 2,500 civilians are trapped in the Syrian town of Homs, the scene of heavy fighting, the spokesman for U.N. Secretary General Ban Ki-moon said in a statement on Tuesday according to Reuters. Ban called on the warring sides to do their utmost to avoid civilian casualties. He was...

In an attempt to beat Western sanctions and halt the fall in the Syrian pound, the Assad regime – with the help of Iran, Russia, and China –  has begun conducting all of its business in rials, roubles, and renminbi.  This decision supplements other existing arrangements between...