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Central Bank Governor, Assad's Fresh Scapegoat

Until Wednesday, Syria's central bank governor Hazem Qarfoul was praised by the state-run media as an intelligent problem solver able to manage the  recent Syrian pound crisis.  However, by afternoon, soon after Bashar al-Assad issued a decree dismissing Qarfoul, the...

Vaccines, oil help Mideast economies to recover

Middle East economies are recovering from the coronavirus pandemic faster than anticipated, largely due to the acceleration of mass inoculation campaigns and an increase in oil prices. But the International Monetary Fund warned that uneven vaccine distribution would derail the region's...