live Ukraine receives batch of Patriot interceptors, Zelenskyy says
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic miss...
The Trump administration has granted Syria a temporary waiver from key U.S. sanctions and loosened business restrictions, marking the first formal step in a broader plan to dismantle decades-old penalties.
The United States has waived a major set of congressional sanctions on Syria and expanded rules for foreign business operations in the country as part of President Donald Trump's pledge to roll back longstanding economic restrictions.
The waiver, announced Friday by the State and Treasury departments, lifts elements of a tough sanctions package imposed in 2019. It is intended to support Syria's interim leadership, now headed by Ahmad al-Sharaa, a former militant figure who assumed power following the ouster of Bashar al-Assad last year.
While the administration did not specify how long the waiver will last, U.S. law restricts such presidential actions to a maximum of six months.
Treasury Secretary Scott Bessent said the decision is designed to open the door to new foreign investment and support Syria's recovery. He said Syria must continue to work toward becoming a stable country at peace and that the actions will hopefully put the country on a path to a bright, prosperous, and stable future.
Officials say the sanctions relief forms part of a broader U.S. effort to dismantle the legal framework of penalties imposed over the Assad regime’s alleged chemical weapons use, support for Iranian militias, and human rights abuses.
While the president can lift executive-level sanctions unilaterally, the most severe restrictions imposed by Congress require formal legislative repeal or renewal. The debate inside the administration continues over whether Syria should be required to meet strict democratic or security benchmarks before more permanent relief is granted.
Some officials advocate for a phased approach tying long-term sanction removal to verifiable reforms. Others argue for more immediate relief to avoid stalling Syria’s fragile reconstruction efforts.
The U.S. and its allies hope the new government under al-Sharaa will bring stability to a country devastated by 13 years of civil war, a collapsed economy, and the presence of foreign fighters.
The administration said this is just one part of a broader U.S. government effort to remove the full architecture of sanctions imposed on Syria because of abuses by the Bashar al-Assad regime.
Ukraine’s President Volodymyr Zelenskyy said on Monday that Kyiv wants peace but will not surrender to Russia, as foreign leaders joined Independence Day events marking 35 years since Ukraine’s independence.
Oil prices fell after the U.S. expanded economic sanctions on Iran, as Tehran vowed to retaliate and warned it had tools to respond, raising concerns over potential disruption to regional oil supplies.
A newly created pro-government political party has secured a commanding victory in Kazakhstan's snap parliamentary election, according to exit polls, strengthening President Kassym-Jomart Tokayev's influence at a pivotal moment in the country's political transition.
Only four commodity vessels crossed the Strait of Hormuz on Sunday, following 13 transits a day earlier, as disruptions continue to restrict traffic through the key energy chokepoint.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Kyiv has recently received a small number of U.S.-made Patriot interceptors capable of downing Russian ballistic missiles, Ukrainian President Volodymyr Zelenskyy has said. It comes as Britain and France pledged stronger military support for Ukraine.
Canada has announced nearly $20 billion in retaliatory tariffs on U.S. goods and billions in support for workers and businesses, escalating its trade dispute with Washington after President Donald Trump's latest duties took effect.
Pakistani exporters are facing soaring shipping costs to the U.S., with freight rates more than tripling on some routes as the Iran-U.S. conflict drives up war-risk insurance and fuel costs.
The trial of a Libyan man accused of building the bomb that destroyed Pan Am Flight 103 over the Scottish town of Lockerbie in 1988, killing 270 people, has been postponed by a U.S. federal judge.
France and Saudi Arabia have agreed on plans for a $7 billion manga-themed amusement complex near Paris, inspired by the hugely popular Japanese franchise Dragon Ball Z.
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