News

economic crisis

News about economic crisis: events, facts and developments on tafs uz.

2 stories

Syria two years after Assad's fall: rising prices, protests and the reversal of the fuel price hike

The BBC correspondent in Damascus describes a growing cost-of-living crisis under President Ahmed al-Sharaa: a tenfold rise in bread prices, fuel protests that led to the hike being reversed, and 90% of the population living below the poverty line according to UNDP. A BBC correspondent from Damascus describes the growing cost-of-living crisis under President Ahmed al-Sharaa: a tenfold rise in bread prices, fuel protests that the authorities reversed, and 90% of the population living below the poverty line according to UNDP.

4 min read

Beirut residents switch to moto-taxis amid rising fuel prices

Amid a seven-year economic crisis and a nearly twofold rise in fuel prices after the government introduced a gasoline tax in February, Beirut residents increasingly opt for cheap moto-taxis instead of traditional 'services'. Regular taxi drivers complain about falling incomes, and the state, in their words, barely regulates the informal transportation market.

3 min read