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Syria regime weakens official exchange rate

Syria weakened its official exchange rate to 4,522 Syrian pounds to the dollar, a central bank statement said on Monday, while black market rates used for most economic activity sat around 6,500.  The official rate was previously set at 3,015.  An economic crisis in the...

Israeli missile strikes put Damascus airport out of service

BEIRUT (AP) — Israel’s military fired missiles toward the international airport of Syria's capital early Monday, putting it out of service and killing two soldiers and wounding two others, the Syrian army said. The attack, which occurred shortly after midnight Sunday, was the second in...

Captagon: Jordan seizes huge amphetamine haul at Iraq border

Jordan has seized one tonne of amphetamine pills being smuggled in date paste at the border with Iraq. A total of six million pills of the drug known as Captagon were found inside two refrigerated lorries. It was one of the largest such hauls ever intercepted, the Jordanian Customs...

Syria racked by fuel crisis ‘in worst year yet’

The wages Youssef once earned as a taxi driver in Aleppo used to be enough: though the days were often long, his family had never been in need. But in recent weeks, acute fuel shortages have paralysed regime-held parts of Syria and Youssef is increasingly unable to find, let alone...