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5th round of Syrian constitutional talks to start in Geneva

The fifth round of Syrian constitutional committee talks started on Monday in Geneva – in a fresh attempt to end the almost decadelong conflict and find a path to peace under U.N. mediation. Negotiators of the Bashar Assad regime as well as opposition leaders attended a session of talks to...

Syria regime floats new bank note amid soaring inflation

A new, 5,000 Syrian Lira bank note goes into circulation Sunday, the largest denomination in the country reeling from a decade of conflict and a crippling economic crisis. Syria’s currency has been on a downward spiral since the conflict began in 2011. Trading that year at 47 liras to...

Syria cuts gasoline subsidies, again

Amid a suffocating economic crisis and a desperate shortage of foreign currency, the Syrian government has raised the price of subsidized gasoline for the second time in three months. The Ministry of Internal Trade and Consumer Protection on Wednesday increased the price per liter from $0.87...