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Syrian pound hits record low as economic crisis worsens

The Syrian pound hit a record low Wednesday just days before the Arab country marks the 10th anniversary of a conflict that has left hundreds of thousands dead and large swaths destroyed. The U.S. dollar was trading on the black market at 4,000 pounds, increasing the misery of many...

Lebanon currency hits record low as country's crises worsen

The Lebanese pound hit a record low against the dollar on the black market on Tuesday as the country’s political crisis deepens with no prospects of new Cabinet in the near future and foreign currency reserves dwindle further. The dollar was trading at 9,975 Lebanese pounds around noon...

Analysis: Biden retreats from vow to make pariah of Saudis

As a presidential candidate, Joe Biden promised to make a pariah out of Saudi Arabia over the 2018 killing of dissident Saudi writer Jamal Khashoggi. But when it came time to actually punish Saudi Arabia’s crown prince, America’s strategic interests prevailed. The Biden administration...