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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...

New Syria constitution talks resume Jan 25: UN

The U.N. special envoy for Syria announced Wednesday that the next round of talks toward revising the war-battered country's constitution will start in Geneva on Jan. 25 and urged the parties to move to actual drafting. Geir Pedersen told the U.N. Security Council he views the meeting...