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Oil prices skid as new coronavirus strain fuels demand worries

Oil prices dropped more than 3% on Monday, as a fast-spreading new coronavirus strain that has shut down much of Britain and led to tighter restrictions in Europe fuelled worries about a slower recovery in fuel demand. Brent crude slid $1.74, or 3.3%, to $50.52 a barrel by 0745 GMT after...

Pro-Assad businessman urges to expand pig farming in Syria

A pro-regime industrialist submitted a proposal to expand pig farming in Syria, as a move to reinvigorate the regime’s treasury, with the unprecedented economic crisis continuing to spiral. Industrialist Atef Tayfour said that regime officials should establish pens for raising and...