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Syria lira records unprecedented losses against US dollar

The Syrian lira hit a record low on Sunday after the price of one US dollar increased by 50 lira costing over 5,000 lira, Arabi21 reported. The site quoted Syrian economist Samir Al-Taweel saying he expected the Syrian currency to continue its losses, citing a number of reasons including the...

Israel announces sea deal with Lebanon, but doubts remain

JERUSALEM (AP) — Israel’s prime minister said Tuesday that the country has reached a “historic agreement” with neighboring Lebanon over their shared maritime border after months of U.S.-brokered negotiations. The agreement would mark a major breakthrough in relations with the two...