Syrian president doubles public sector wages as national currency spirals downwards netscape.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from netscape.com Daily Mail and Mail on Sunday newspapers.
Syria’s president early Wednesday doubled public sector wages and pensions as the war-torn country’s national currency spiraled further downwards, reaching a new low for the year. President Bashar Assad issued the two decrees just before midnight Tuesday as the Syrian pound’s value against the U.S. dollar declined to a new all-time low, down from 7,000 at the beginning of 2023 to 15,000 pounds to the greenback. At the start of the conflict in 2011, the dollar was trading at 47 pounds.
Three Bulgarian companies have been importing phosphates from the Syrian Arab Republic, whose president Bashar Assad and his ministry of oil have been under US sanctions since 2011 and under EU sanctions since 2012. This is revealed by an international investigation by journalists from the Organized Crime and Corruption Reporting Project (OCCRP), Syrian Investigative Reporting…
The Wagner mercenary outfit’s short-lived mutiny against Russia’s military leadership has cast a shadow of uncertainty over the future of the private military group’s far-flung presence abroad, where it worked to covertly advance the Kremlin’s geopolitical interests. While the Kremlin swiftly moved to dissolve Wagner’s structures in Russia and Ukraine by handing its military hardware to the conventional Russian military and offering its members to sign contracts with the Defense Ministry, the future of its overseas units remains highly volatile, experts say. “It will be important for Moscow to take over these operations because they give [Wagner founder Yevgeny] Prigozhin some sort of leverage,” said Ivan Kłyszcz, an expert at the International Center for Defense and Security in Tallinn, Estonia. In nearly a decade of operation, Wagner’s mercenaries have taken part in an array of conflicts throughout the world, including in Syria, Libya, the Central African Repub