Tag Archives: sanctions

SYRIA WITNESS: Living the Dark Ages in Assad’s Damascus

By: David Arnold As far back as a year ago, Syrians were already suffering from bread shortages. Hope, a Syrian women writing under an assumed name, describes how international economic sanctions against Syria and dwindling government funds have exacerbated the … Continue reading

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Amid unrest, Syrians struggle to feed their families

By: Alice Fordham BEIRUT, Lebanon — Hundreds of thousands of people are struggling to feed their families in the parts of Syria hardest hit by violence, activists and aid workers say, with access to food cut off by ruined infrastructure, … Continue reading

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Syria economy faces ‘significant’ contraction: IMF

Syria’s economy is expected to contract significantly in 2012 due to 14 months of violence and sanctions, a top official at the International Monetary Fund said on Wednesday. “We do expect contraction in GDP (Gross Domestic Product) this year,” the … Continue reading

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White House expands reach of sanctions on Syria, Iran

By: Kevin G. Hall WASHINGTON — The Obama administration on Tuesday granted the Treasury Department authority to blacklist foreign nationals and companies that help Iran and Syria evade U.S. and international sanctions. President Barack Obama signed an executive order and … Continue reading

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New Sanctions For Syria And Iran

President Barack Obama has announced new sanctions against individuals and entities that use information and communications technologies to facilitate the Syrian and Iranian regimes’ commission of grave human rights abuses against their people: “These technologies should be in place to … Continue reading

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Syria running out of cash as sanctions take toll, but Assad avoids economic pain

By: Joby Warrick and Alice Fordham Syria’s remaining cash reserves are quickly dwindling as the country’s anti-government uprising marks its 13th month, according to intelligence officials and financial analysts who describe a steady hollowing-out of the country’s economy in the face of … Continue reading

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EU agrees on new sanctions on Syria, target Assads’ luxury lifestyle

The European Union agreed Monday to slap new sanctions on the Syrian regime, banning exports of luxury goods and further restricting the sale of items used to repress protesters, a diplomat said. “These sanctions are ready to be put in … Continue reading

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France says EU to adopt new sanctions on Syria on Monday

PARIS – The European Union will adopt new sanctions against Syria on Monday in light of continued bloodshed despite a week-old ceasefire, France’s Foreign Ministry said on Friday. “In the spirit of the Paris conference, sanctions will also be adopted,” … Continue reading

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US calls for tough action against Syria

The US has called on the UN Security Council to adopt an arms embargo and other tough measures against Syria to try to halt 13 months of bloodshed. Addressing the so-called Friends of Syria group in Paris on Thursday, Hillary … Continue reading

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Syria selling gold reserves as sanctions bite

By: John Irish and Amena Bakr PARIS, France – Syria is trying to sell gold reserves to raise revenue as Western and Arab sanctions targeting its central bank and oil exports begin to bite, diplomats and traders said. Western sanctions have halved Syria’s … Continue reading

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