US Official: Sanctions Contributed to Devaluation of Syrian Pound

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi
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US Official: Sanctions Contributed to Devaluation of Syrian Pound

Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi
Syrian pounds are pictured inside an exchange currency shop in Azaz, Syria February 3, 2020. REUTERS/Khalil Ashawi

US Special Representative for Syria Engagement James Jeffrey said US sanctions and measures contributed to the devaluation of the Syrian pound against the dollar.

In a video meeting that was attended by his Deputy Assistant Secretary Joel Rubin on Sunday, Jeffrey said that Washington made a proposal to Syrian President Bashar al-Assad through a third party to end the crisis.

Washington wants a political process that shouldn’t necessarily change the regime but at least change its attitude and support of terrorist groups and Iran, he continued.

Regarding the economic crisis, he said that the US sanctions against Damascus contributed to the collapse of the Syrian current and that the regime "is incapable of managing an effective economic policy and conducting money-laundry in Lebanese banks."

Moreover, Rubin said that the Caesar Act covers individuals and companies. Responding to a question on ruling out the Kurdish administration from this act, he said that if anyone wishes to invest in energy and construction in self-administered zones then this is out of the US administration's interest.

Meanwhile, Syrian Prime Minister Imad Khamis said that stabilizing the exchange rate between 2017-2020 required USD20 billion.

Khamis added that calls are ongoing with friendly states to discuss possible ways to reinforce the lira’s value.



UN Agency Says Israel Shuts 4 Schools in East Jerusalem

A boy stands outside the gate of the Kalandia vocational training center (KTC), run by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), which was raided by Israeli forces earlier at the Qalandiya camp for Palestinian refugees in the occupied West Bank on February 18, 2025. (AFP)
A boy stands outside the gate of the Kalandia vocational training center (KTC), run by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), which was raided by Israeli forces earlier at the Qalandiya camp for Palestinian refugees in the occupied West Bank on February 18, 2025. (AFP)
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UN Agency Says Israel Shuts 4 Schools in East Jerusalem

A boy stands outside the gate of the Kalandia vocational training center (KTC), run by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), which was raided by Israeli forces earlier at the Qalandiya camp for Palestinian refugees in the occupied West Bank on February 18, 2025. (AFP)
A boy stands outside the gate of the Kalandia vocational training center (KTC), run by the United Nations Relief and Works Agency for Palestine Refugees (UNRWA), which was raided by Israeli forces earlier at the Qalandiya camp for Palestinian refugees in the occupied West Bank on February 18, 2025. (AFP)

The UN agency for Palestinian refugees says Israeli forces raided four of its schools in east Jerusalem, ordering their closure.

Israel has severed all ties with the agency, known as UNRWA, and bars it from operating in its territory. It says the agency allowed itself to be infiltrated by Hamas in the Gaza Strip, allegations denied by UN officials.

UNRWA said police entered a training center by force on Tuesday, firing tear gas and sound grenades and ordering its evacuation. It said 350 students and 30 staff were present during the raid on the Qalandiya Training Center.

It said police and city officials ordered the closure of three other schools in east Jerusalem, two of which proceeded with the school day.

Israeli police spokesman Dean Elsdunne said police did not enter the UN buildings and that Jerusalem municipal authorities carried out the closures. He said police were deployed to protect the city workers, using “riot dispersal” means in one case where a crowd threw stones at them outside a UN facility.

Roland Friedrich, UNRWA director for the occupied West Bank, including east Jerusalem, said the raids were an “unacceptable violation of United Nations privileges and immunities,” and a “denial of the right to education for children and trainees.”