Syria's economic turmoil worsened in 2019 when neighbouring Lebanon, with which it has extensive economic and financial ties, also descended into crisis. Damascus then introduced a plethora of exchange rates for different transactions to safeguard scarce hard currency.

BRUSSELS - EU foreign policy chief Kaja Kallas has proposed a further loosening of European sanctions on Syria to allow funding for Syrian ministries in areas including reconstruction and migration, according to a document seen by Reuters.

US President Donald Trump on Wednesday had tea with a former jihadist who until recently had a $10 million US bounty on his head.

But the country must also modernise monetary policy, rewire banking and reconnect with global markets, argues Abdulkader Husrieh

US President Donald Trump has said he will lift long-standing sanctions on Syria that severed the country from the global financial system under toppled

The United States is likely to issue some sanctions relief to Syria in coming weeks following President Donald Trump's announcement that all sanctions targeting Damascus would be lifted.

Syria’s president has flown to Bahrain, where he discussed mutual relations and regional affairs with King Hamad bin Isa Al Khalifa on his latest trip abroad since taking office in January.

You may have picked up on this subtle trend over the past 100-ish days: Democrats love to rag on President DONALD TRUMP ’s foreign policy. Nearly every decision and Truth Social post touching on foreign policy from the president has been met with a barrage of angry rejoinders (or spicy letters to the State Department) from furious Democratic lawmakers.