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Long-lasting unrest and economic sanctions drive up prices in Syria

Source : Reuters | 05 Jul 2013

Long-lasting unrest and recent Western economic sanctions on Syria have significantly driven up the prices of daily goods, analysts say.

In the country's capital of Damascus, food supplies are adequate in the market, but the prices have kept rising.

“Product prices before the crisis were less than one-third the current ones. That means the current prices are three times those before,” said a Damascus resident.

Iran bans imports from 100 European companies in tit-for-tat move

Source : PressTV | Tehran | 12 Apr 2012

Iran reportedly plans to ban imports from European companies as part of its counter sanctions against the European Union (EU).

Deputy President of Iran Trade Promotion Organization Sasan Khodaei confirmed that Iran has banned imports from 100 European countries.

In an interview with Press TV on Wednesday, Khodaei said Tehran has imposed sanctions against 100 European companies in line with the policy to counter “antagonistic measures” by the EU.

Iran Threatens to Stop Gulf Oil If Sanctions Widened

By Ramin Mostafavi : Reuters | Tehran | 27 Dec 2011

Iran threatened on Tuesday to stop the flow of oil through the Strait of Hormuz if foreign sanctions were imposed on its crude exports over its nuclear ambitions, a move that could trigger military conflict with economies dependent on Gulf oil.

Western states scale back UN Syria resolution

By Agencies | United Nations | 27 Sept 2011

Western powers dropped calls for immediate sanctions against Syria at the UN Security Council in the face of veto threats from China and Russia.

The scaled-back resolution, which is aimed at breaking a deadlock on the U.N. Security Council, includes the threat of future sanctions if the government of President Bashar al-Assad does not halt military operations against civilians.

E.U. announces new sanctions against Syria as Turkey seizes arms shipment

Source : Al Arabiya | New York / 23 Sept 2011

New sanctions against Syria come into effect on Saturday as Turkey says it has intercepted an arms shipment at sea destined for the protest-wracked country after another day of deadly demonstrations.

EU imposes sanctions on Syrian ruler

Source : Justyna Pawlak | Reuters
BRUSSELS | 24 May 2011

The European Union imposed sanctions on Syrian President Bashar Assad and other senior officials on Monday, raising pressure on his government to end weeks of violence against protesters.

EU foreign ministers agreed at a meeting in Brussels to expand restrictions against Syria by adding Assad and nine other senior members of the government to a list of those banned from traveling to the EU and subject to asset freezes.

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