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Syria’s al-Bashir Vows to Rebuild but Faces Cash Crunch

People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir
People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir
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Syria’s al-Bashir Vows to Rebuild but Faces Cash Crunch

People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir
People walk along a street, after opposition fighters seized the capital and ousted Syria's Bashar al-Assad, in Damascus, Syria December 11, 2024. REUTERS/Mohamed Azakir

Syria's new interim prime minister said he aimed to bring back millions of Syrian refugees, protect all citizens and provide basic services but acknowledged it would be difficult because the country lacked foreign currency.
"In the coffers there are only Syrian pounds worth little or nothing. One US dollar buys 35,000 of our coins," Mohammed al-Bashir told Italian newspaper Il Corriere della Sera.
"We have no foreign currency and as for loans and bonds we are still collecting data. So yes, financially we are very bad."

Bashir ran the Salvation Government in a tiny pocket of northwestern Syria, before the 12-day lightning offensive swept into Damascus and toppled President Bashar al-Assad.

Rebuilding Syria will be a colossal task following a civil war that killed hundreds of thousands of people. Cities have been bombed to ruins, swathes of countryside depopulated and the economy gutted by international sanctions. Millions of refugees still live in camps after one of the biggest displacements of modern times.

 

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Iraq's Kataib Hezbollah Warns US Against Intervening in Israel-Iran Conflict

Protesters hold Iranian flags during a protest against Israeli attacks on multiple cities across Iran, at a bridge leading to the fortified Green Zone where the US embassy is located in Baghdad, Iraq, Friday, June 13, 2025. (AP)
Protesters hold Iranian flags during a protest against Israeli attacks on multiple cities across Iran, at a bridge leading to the fortified Green Zone where the US embassy is located in Baghdad, Iraq, Friday, June 13, 2025. (AP)
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Iraq's Kataib Hezbollah Warns US Against Intervening in Israel-Iran Conflict

Protesters hold Iranian flags during a protest against Israeli attacks on multiple cities across Iran, at a bridge leading to the fortified Green Zone where the US embassy is located in Baghdad, Iraq, Friday, June 13, 2025. (AP)
Protesters hold Iranian flags during a protest against Israeli attacks on multiple cities across Iran, at a bridge leading to the fortified Green Zone where the US embassy is located in Baghdad, Iraq, Friday, June 13, 2025. (AP)

Iran-aligned Iraqi armed group Kataib Hezbollah warned on Sunday it would resume attacks on US troops in the region if the United States intervenes in the conflict between Israel and Iran.

"We are closely monitoring the movements of the American enemy's army in the region," Kataib Hezbollah Secretary-General Abu Hussein al-Hamidawi said in a statement. "If America intervenes in the war, we will act directly against its interests and bases spread across the region without hesitation."

Founded in the aftermath of the 2003 US-led invasion of Iraq, Kataib Hezbollah is one of the elite Iraqi armed factions closest to Iran. The group, a key pillar of Iran's network of regional proxy forces, has claimed responsibility for dozens of missile and drone attacks targeting Israel and US forces in both Iraq and Syria.

Early last year, Kataib Hezbollah announced the suspension of all its military operations against US troops in the region in response to efforts by the Iraqi government.

Kataib Hezbollah is part of a coalition of Iran-aligned groups known collectively as the "Axis of Resistance" — an umbrella of hardline Shiite armed factions that have claimed more than 150 attacks on US forces in Iraq and Syria since the onset of the Gaza war about 20 months ago.

Iraq, a rare ally of both Washington and Tehran, is striving to avoid upsetting its fragile stability while focusing on rebuilding after years of conflict.