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Syrian regime raises interest rate on bank deposits

The Syrian Monetary and Credit Council raised the interest rate on bank deposits in Syrian pounds with the aim of absorbing more liquidity in the markets, to reduce inflationary pressures, according to a statement issued by the Central Bank of Syria on Wednesday. According to the decision,...

Three corrupt officials control Daraa’s fuel market

DARAA (Zaman Al-Wasl)- The fuel crisis in southern Daraa province is deepening and getting worse day by day as no fuel shipments have been delivered since last March and the majority of residents received only 50 liters of subsidized heating allowances during the winter season. This was...

Putin vows war will continue as Russian troops mount in east

KYIV, Ukraine (AP) — Russia vowed to continue its bloody offensive in Ukraine as the war neared its seventh week Wednesday, as President Vladimir Putin insisted the campaign was going as planned despite a major withdrawal and significant losses. Thwarted in their push toward the capital,...

Biden: Russia war a 'genocide,' trying to 'wipe out' Ukraine

DES MOINES, Iowa (AP) — President Joe Biden on Tuesday said Russia's war in Ukraine amounted to genocide,” accusing President Vladimir Putin of trying to “wipe out the idea of even being a Ukrainian." “Yes, I called it genocide," he told reporters in Iowa shortly before boarding Air...