DAMASCUS — Amid Syria’s sharp economic decline, President Bashar Assad issued a decree on Tuesday granting hundreds of thousands of public sector workers and soldiers a one-time financial stimulus, equivalent to an average monthly salary.
Considered the third since October, the stimulus comes as the national currency is crashing, now at more than 4,000 Syrian pounds to the dollar on the black market, compared to 700 a year ago.
The official rate for the dollar is fixed at 1,256 Syrian pounds for $1.
The decision comes a day after the government raised the price of fuel, including subsidized, by more than 50% in the third increase this year. It also raised the price of cooking gas.
Nearly 80% of Syrians live in poverty, and 60% are food insecure — the worst food security situation ever seen in Syria, according to the United Nations.
A one-time 50,000 Syrian pounds, which is nearly $11 on the black market, according to the decree would go to public sector workers, including those on part-time contracts and conscripts. Pensioners will get 40,000 Syrian pounds.
Inflation has hit between 180 and 300%, according to the Syria Central Bureau of Statistics. The price of a kilogram (2.2 pounds) of sugar has gone from 700 Syrian pounds to around 2,400 this year.
The Ministry of Interior Trade and Consumer Protection said the price of unsubsidized fuel would go up from 1,300 Syrian pounds per liter to 2,000 pounds, a more than 50% increase. The price of subsidized fuel would increase by nearly 60%, to 750 Syrian pounds per liter. The price of butane gas for cooking went up 37%.
Economist Ziad Ghosn said the one-time payment is equivalent to the average monthly salary and estimated the cost of the stimulus would be around 120 billion Syrian pounds. He also estimated the stimulus would reach about 2 million people.
Syrians have been struggling with deteriorating economic conditions, shortages of basic goods and medicine, and have been forced to wait in long lines to buy subsidized bread and fuel.
A decade of conflict has caused huge devastation to the Syrian economy, isolated its government and displaced its people, driving most of them into poverty. The pandemic restrictions have added to pressure on the economy, compounded by the financial crisis in neighboring Lebanon, which has been a bridge to Syria economically and financially.
More than half a million people have been killed in Syria’s 10-year conflict that has also left the country’s infrastructure in ruins and most of its oil and agriculture resources outside of government control.
Syrian president decrees financial stimulus amid crisis
https://arab.news/njjf3
Syrian president decrees financial stimulus amid crisis
- Nearly 80% of Syrians live in poverty and 60% are food insecure, the country’s worst food security situation ever, according to UN
- Pandemic restrictions mounted pressure on the economy, compounded by the financial crisis in neighboring Lebanon, which has been a bridge to Syria economically and financially
Wars in Gaza and Sudan ‘drive hunger crisis affecting 280 million worldwide’
- New report on global food insecurity says outlook for 2024 is ‘bleak’
JEDDAH: More than 280 million people worldwide suffered from acute hunger last year in a food security crisis driven by conflicts in Gaza and Sudan, UN agencies and development groups said on Wednesday.
Economic shocks also added to the number of victims, which grew by 24 million compared with 2022, according to a report by the Food Security Information Network.
The report, which called the global outlook for this year “bleak,” is produced for an international alliance of UN agencies, the EU and governmental and non-governmental bodies.
Food insecurity is defined as when populations face food deprivation that threatens lives or livelihoods, regardless of the causes or length of time. More geographical areas experienced “new or intensified shocks” and there was a “marked deterioration in key food crisis contexts such as Sudan and the Gaza Strip,” said Fleur Wouterse, a senior official at the UN’s Food and Agricultue Organization.
Since the first report by the Global Food Crisis Network covering 2016, the number of food-insecure people has risen from 108 million to 282 million, Wouterse said. The share of the population affected within the areas concerned had doubled from 11 percent to 22 percent, she said.
Protracted major food crises are ongoing in Afghanistan, the Democratic Republic of Congo, Ethiopia, Nigeria, Syria and Yemen. “In a world of plenty, children are starving to death,” UN Secretary-General Antonio Guterres said.
“War, climate chaos and a cost-of-living crisis, combined with inadequate action, mean that almost 300 million people faced acute food crisis in 2023. Funding is not keeping pace with need.”
According to the report, situations of conflict or insecurity have become the main cause of acute hunger. For 2024, progress would depend on the end of hostilities, said Wouterse, who said aid could rapidly alleviate the crisis in Gaza or Sudan, for example, once humanitarian access to the areas was possible.
Yemen’s Houthis say they targeted American and Israeli ships
- The Iran-aligned group said it targeted the US ship Maersk Yorktown, an American destroyer in the Gulf of Aden and Israeli ship MSC Veracruz in the Indian Ocean
- “The Yemeni armed forces confirm they will continue to prevent Israeli navigation,” Sarea said
CAIRO/DUBAI: Houthi militants in Yemen have attacked what they said were two American ships and an Israeli vessel, the group’s military spokesman said on Wednesday, the first such attack in more than two weeks.
The Iran-aligned group said it targeted the US ship Maersk Yorktown, an American destroyer in the Gulf of Aden and Israeli ship MSC Veracruz in the Indian Ocean, the spokesman, Yahya Sarea, said in a televised speech.
Yemen’s Houthis have been attacking ships in the Red Sea region since November in what they say is a campaign of solidarity with Palestinians fighting Israel in Gaza.
“The Yemeni armed forces confirm they will continue to prevent Israeli navigation or any navigation heading to the ports of occupied Palestine in the Red and Arabian Seas, as well as in the Indian Ocean,” Sarea said on Wednesday.
Separately, British maritime security firm Ambrey said earlier on Wednesday that it was aware of an incident southwest of the port city of Aden, an area where the Houthis often target ships they say are linked to Israel or the United States.
The vessel reported an “explosion in the water” approximately 72 nautical miles east-southeast of Djibouti, an updated advisory from Ambrey said.
Houthi attacks have disrupted global shipping through the Suez Canal, forcing firms to re-route to longer and more expensive journeys around southern Africa. The United States and Britain have launched strikes on Houthi targets in Yemen.
Iraq hangs 11 convicted of ‘terrorism’: security, health sources
- Under Iraqi law, terrorism and murder offenses are punishable by death, and execution decrees must be signed by the president
- A security source in Iraq’s southern Dhi Qar province told AFP that 11 “terrorists from the Daesh group” were executed by hanging at a prison in Nasiriyah
NASIRIYAH, Iraq: Iraqi authorities have executed at least 11 people convicted of “terrorism” this week, security and health sources said Wednesday, with rights group Amnesty International condemning an “alarming lack of transparency.”
Under Iraqi law, terrorism and murder offenses are punishable by death, and execution decrees must be signed by the president.
A security source in Iraq’s southern Dhi Qar province told AFP that 11 “terrorists from the Daesh group” were executed by hanging at a prison in the city of Nasiriyah, “under the supervision of a justice ministry team.”
A local medical source confirmed that the health department had received the bodies of 11 executed people.
They were hanged on Monday “under Article 4 of the anti-terrorism law,” the source added, requesting anonymity due to the sensitivity of the issue.
All 11 were from Salahaddin province and the bodies of seven had been returned to their families, the medical official said.
Iraqi courts have handed down hundreds of death and life sentences in recent years for people convicted of membership in “a terrorist group,” an offense that carries capital punishment regardless of whether the defendant had been an active fighter.
Iraq has been criticized for trials denounced by rights groups as hasty, with confessions sometimes obtained under torture.
Amnesty in a statement on Wednesday condemned the latest hangings for “overly broad and vague terrorism charges.”
It said a total of 13 men were executed on Monday, including 11 who had been “convicted on the basis of their affiliation to the so-called Daesh armed group.”
The two others, arrested in 2008, “were convicted of terrorism-related offenses under the Penal Code after a grossly unfair trial,” Amnesty said citing their lawyer.
Biden says Israel must allow aid to Palestinians ‘without delay’
- “We’re going to immediately secure that aid and surge it,” Biden said
- “Israel must make sure all this aid reaches the Palestinians in Gaza without delay“
WASHINGTON: President Joe Biden on Wednesday demanded that new humanitarian aid be allowed to immediately reach Palestinians in the Gaza Strip as key US ally Israel fights Hamas there.
“We’re going to immediately secure that aid and surge it... including food, medical supplies, clean water,” Biden said after signing a massive military aid bill for Israel and Ukraine, which also included $1 billion in humanitarian aid for Gaza.
“Israel must make sure all this aid reaches the Palestinians in Gaza without delay,” he said.
US-Israel relations have been strained by Israel’s conduct of the war in Gaza and Israeli Prime Minister Benjamin Netanyahu’s plan to send troops into the southern Gazan city of Rafah, where 1.5 million people are sheltering, many in makeshift encampments.
“This bill significantly — significantly — increases humanitarian assistance we’re sending to the innocent people of Gaza who are suffering badly,” Biden said.
“They’re suffering the consequences of this war that Hamas started, and we’ve been working intently for months to get as much aid to Gaza as possible.”
Israel hits Lebanese border towns with 14 missiles
- Hezbollah targets Israeli settlements in retaliation for Hanin civilian deaths
- Hezbollah said it attacked the Shomera settlement with dozens of Katyusha rockets
BEIRUT: Clashes between Hezbollah and Israeli forces escalated sharply on Wednesday, the 200th day of conflict in southern Lebanon’s border area.
Israeli airstrikes created a ring of fire around Lebanese border towns, with at least 14 missiles hitting the area.
In the past two days, military activity in the border region has increased, with Hezbollah targeting areas in northern Acre for the first time in the conflict.
On Wednesday, Israeli strikes hit the outskirts of Aita Al-Shaab, Ramya, Jabal Balat, and Khallet Warda.
The Israeli military said it had destroyed a missile launching pad in Tair Harfa, and targeted Hezbollah infrastructure in Marqaba and Aita Al-Shaab.
Israeli artillery also struck areas of Kafar Shuba and Shehin “to eliminate a potential threat.”
Hezbollah also stepped up its operations, saying this was in retaliation for the “horrific massacre committed by the Israeli enemy in the town of Hanin, causing casualties and injuries among innocent civilians.”
A woman in her 50s and a 12-year-old girl, both members of the same family, were killed in the Israeli airstrike. Six other people were injured.
Hezbollah said it attacked the Shomera settlement with dozens of Katyusha rockets.
The group said it also targeted Israeli troops in Horsh Natawa, and struck the Al-Raheb site with artillery.
It also claimed to have killed and wounded Israeli soldiers in an attack on the Avivim settlement.
Israeli news outlets said that a rocket-propelled grenade hit a house in the settlement, setting the dwelling ablaze.
Hezbollah’s military media said that in the past 200 days of fighting with Israel, 1,998 operations had been carried out from Lebanon, Yemen and Iraq, including 1,637 staged by Hezbollah.
