US ‘Caesar Act' sanctions and could devastate Syria’s flatlining economy
by Martin Chulov, Middle East correspondent from on (#54JQ7)
Critics say legislation is being used for US strategy and could cause further problems for country and wider region
Its currency has plunged by 70% since April, more than half its people face food scarcity, and hopes of rebuilding a country shattered by war continue to ebb.
Syria seems barely able to absorb new shocks, but new US sanctions that take effect next week, could devastate what is left of its flatlining economy and amplify the gravest regional decline in decades.
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