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Lebanese pound slides further despite new pricing system

Lebanon’s battered currency has slid to fresh lows against the U.S. dollar despite a new pricing system which Beirut hopes can curb soaring food prices as it negotiates an IMF deal to climb out of crisis. The Lebanese pound has lost over 60% of its value since October, as dollars...

Syrians fear hunger as record devaluation sparks protests

Umm Ahmed and her family have survived years of war, but now the mother of five is terrified uncontrolled devaluation of the Syrian pound will prevent her from feeding her children. "Since the war started, we've tasted all sorts of suffering," said the 39-year-old, displaced three times by...