The UK has lifted asset freezes on 24 Syrian entities, underscoring its commitment to help Syrians rebuild their country and economy
“We are lifting asset freezes on 24 Syrian entities that were previously used by the Assad regime to fund the oppression of the Syrian people, including the Central Bank of Syria, Syrian Arab Airlines, and energy companies,"- said Foreign, Commonwealth & Development Office.
At the same time, sanctions on members of the Assad regime and those involved in the illicit trade in captagon remain in place.
“This approach underscores our commitment to help the people of Syria rebuild their country and economy, including through support for a Syrian-led and Syrian-owned political transition process. We will continue to judge Syria’s interim authorities by their actions, not their words,” - Office's statement reads.
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U.S. President Donald Trump has informed Syrian President Ahmed al-Sharaa that he intends to remove Syria from the United States' list of state sponsors of terrorism, a move that could pave the way for greater foreign investment and deeper economic engagement with Washington.
Two bombs exploded near a hotel in Damascus where French President Emmanuel Macron had spent the night, but his office said he did not hear the explosions and was on his way to meet Syrian President Ahmed al-Sharaa at the time.
At least five people were killed and 16 injured after a bomb exploded at a busy café in central Damascus on Thursday, according to Syrian state media. Authorities said the device had been planted inside the venue, and no group has claimed responsibility.
Syria is open to direct talks with Hezbollah if its national interests require it, Foreign Minister Asaad al-Shaybani said during a visit to Lebanon on Thursday (2 July).
The United States carried out a third consecutive night of airstrikes against Iran, targeting military capabilities around the Strait of Hormuz as Donald Trump announced the reinstatement of a blockade on Iranian shipping and proposed a 20% fee on cargo passing through the strategic waterway.
U.S. President Donald Trump announced the reimposition of a U.S. naval blockade on all Iranian ports and warned that power plants and bridges could be targeted next week unless Tehran returns to negotiations.
The United States and Iran have significantly escalated their conflict, exchanging heavy missile and drone strikes across the Gulf region. Iran claims it has once again closed the Strait of Hormuz, a vital global shipping route.
The death toll from the fire at a live music pub in Bangkok has climbed to 32 after two more victims died from their injuries, according to Thailand's Police Hospital.
Ukraine and Russia exchanged fresh attacks on Tuesday, with Kyiv targeting shipping and energy infrastructure inside Russia while Moscow launched another large-scale missile and drone assault on Ukrainian cities.
Saudi Arabia is moving crude through the Red Sea port of Yanbu at close to maximum capacity this week, as tensions with Yemen's Houthis add to broader concerns over Gulf shipping routes, according to data and industry sources cited by Reuters.
A senior U.S. commerce official told lawmakers on Tuesday that only a small number of Nvidia's H200 artificial intelligence chips have been shipped to China so far, as scrutiny grows over Washington's export controls on advanced technology.
Oil prices rose nearly 3% on Tuesday to their highest level in four weeks as the United States and Iran stepped up attacks around the Strait of Hormuz, adding fresh uncertainty to global energy supplies.
China has approved fast-fashion retailer Shein's long-awaited initial public offering (IPO) in Hong Kong, clearing the way for the company to pursue a stock market listing after previous attempts in the U.S. and London failed.
European carmakers have urged the European Union to make sure new “Made in EU” rules do not put existing investments in Türkiye and Morocco at risk.
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