Israel
Israel’s economy: A Banana Republic run by monopolies
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
Syria this week carried out its first international bank transfer via the SWIFT international payment system since the outbreak of the country’s 14-year civil war, central bank governor Abdelkader Husriyeh said on Thursday, a milestone in Syria’s push to reintegrate into the global financial system.
A direct commercial transaction was carried out from a Syrian to an Italian bank on Sunday © Mena Today
Syria this week carried out its first international bank transfer via the SWIFT international payment system since the outbreak of the country’s 14-year civil war, central bank governor Abdelkader Husriyeh said on Thursday, a milestone in Syria’s push to reintegrate into the global financial system.
Husriyeh told Reuters in Damascus that a direct commercial transaction was carried out from a Syrian to an Italian bank on Sunday.
"The door is now open to more such transactions," he said.
Reporting by Timour Azhari
Israel increasingly resembles an economy captured by monopolies, where a small circle of powerful interests dominates key sectors and ordinary consumers foot the bill.
The Christian community of Damascus, still mourning a suicide bombing that killed 25 people in June, is celebrating Christmas under heavy security as uncertainty looms over Syria’s political future.
Syria's foreign and defence ministers met Russian President Vladimir Putin in Moscow on Tuesday to discuss expanding military, political and economic cooperation, with a focus on strategic collaboration in defence industries, Syria's state news agency SANA reported.
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