US embassy in Tripoli denies report of planned relocation of Palestinians to Libya

Palestinians make their way with belongings as they fled their homes, after Israeli air strikes, in the northern Gaza Strip May 16, 2025. (Reuters)
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Updated 18 May 2025
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US embassy in Tripoli denies report of planned relocation of Palestinians to Libya

  • Palestinians vehemently reject any plan involving them leaving Gaza

TRIPOLI: The US embassy in Libya denied on Sunday a report that the US government was working on a plan to relocate Palestinians from the Gaza Strip to Libya.
On Thurdsay, NBC News said the Trump administration is working on a plan to permanently relocate as many as one million Palestinians from the Gaza Strip to Libya.
NBC News cited five people with knowledge of the matter, including two people with direct knowledge and a former US official.
“The report of alleged plans to relocate Gazans to Libya is untrue,” the US embassy said on the X platform.
The Tripoli-based interionationally-recognized Government of National Unity was not available for immediate comment.
Trump has previously said he would like the United States to take over the Gaza Strip and its Palestinian population resettled elsewhere.
Palestinians vehemently reject any plan involving them leaving Gaza, comparing such ideas to the 1948 “Nakba,” or “catastrophe,” when hundreds of thousands were dispossessed of their homes in the war that led to the creation of Israel.
When Trump first floated his idea after taking the presidency, he said he wanted US allies Egypt and Jordan to take in people from Gaza. Both states rejected the idea, which drew global condemnation, with Palestinians, Arab nations and the UN saying it would amount to ethnic cleansing.
In April, Trump said Palestinians could be moved “around to different countries, and you have plenty of countries that will do that.”
During a visit to Qatar this week, Trump reiterated his desire to take over the territory, saying he wanted to see it become a “freedom zone” and that there was nothing left to save.
Trump has previously said he wants to turn Gaza into the “Riviera of the Middle East.”


Syria announces new currency framework, 2-zero redenomination

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Syria announces new currency framework, 2-zero redenomination

  • Under the plan, every 100 Syrian pounds will be converted into one unit of the new Syrian Arab Republic’s pound
  • Governor calls move ‘pivotal milestone within a comprehensive strategy’

DAMASCUS: Syria’s Central Bank announced executive instructions on Sunday to introduce a new Syrian currency, launching a monetary reform that includes removing two zeros from the pound and allowing a 90-day period of dual circulation.

The announcement was made during a press conference at the bank’s headquarters in Damascus.

Central Bank Gov. Abdulkader Husrieh said the step was part of a comprehensive institutional strategy to restore confidence and achieve sustainable economic stability.

He said: “The launch of the new currency is not a formal measure, but a pivotal milestone within a comprehensive strategy based on solid institutional foundations.”

Under the plan, every 100 Syrian pounds will be converted into one unit of the new Syrian Arab Republic’s pound. The old and new currencies will circulate together for 90 days, a period which may be extended.

All bank balances will be converted to the new currency at the beginning of next year, while the overall money supply will be maintained without increase or reduction.

Husrieh said the economic strategy was based on five pillars: monetary stability, a stable and transparent foreign-exchange market, effective and accountable financial institutions, secure digital transformation, and balanced international economic relations.

He said the move required updating financial laws and regulations, improving data systems, keeping pace with global digital developments, and ensuring sustainable financing and training for the financial sector.

The currency exchange will be provided free of charge, with no commissions, fees, or taxes.

All public and private entities must apply the official conversion standard to prices, salaries, wages, and financial obligations. Official exchange-rate bulletins will be issued in both currencies to ensure transparency and prevent speculation.

The governor said the central bank was closely monitoring markets to stabilize the exchange rate and would supply Syrian pounds if demand for foreign currency rises, adding that citizens will feel the impact more clearly after the exchange process is completed.

“Our policy is financial discipline, with no room for inflation,” Husrieh added.

He confirmed that the decree regulating the exchange limits the process to Syrian territory, and said the measures fell within the bank’s 2026-2030 strategy to align with international standards.

The new banknotes, he added, were being printed by leading international companies to prevent counterfeiting.