Syria is suffering from a severe shortage of banknotes. In an economy that runs overwhelmingly on cash, that is akin to cardiac arrest. Companies cannot pay wages. Families cannot buy basic goods.
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
Moscow printed the banknotes for Syria’s cash-starved economy when most other countries had refused due to fear of sanctions, ...
Al-Monitor is an award-winning media outlet covering the Middle East, valued for its independence, diversity and analysis. It is read widely by US, international and Middle East decision makers at the ...
If Syria collapses, more refugees will surely flood into Europe. There is an alternative: a one-year lifting of sanctions. That would let pallets of banknotes be brought into Syria, as well as ...
At the border between Lebanon and Syria, people sang, set off fireworks and burned banknotes bearing Assad’s face. “There was ...
Pledges are lower due to U.S. aid cuts Syrian Foreign Minister attends EU-led conference for the first time Syria competes with other conflicts for aid, Pederson says BRUSSELS, March 17 (Reuters ...