Monday, December 29, 2025
Putin REJECTS Ceasefire As Trump Meets Zelensky
Trump: Putin has not agreed to ceasefire during referendum in Ukraine
—
29 December, 01:24
Trump and Zelenskyy at a press
conference on 28 December. Photo: Office of the President of Ukraine
US President Donald Trump has said that Russian leader Vladimir Putin has not agreed to a ceasefire during a possible referendum in Ukraine on a proposed "peace plan".
Source: Trump and Ukrainian President Volodymyr Zelenskyy at a press conference following their meeting
Trump is unpopular in Europe — even among right-wing populist supporters, POLITICO Poll shows
The U.S. president gets favorable views from only about a third of people who support the parties Trump wants to see win power in France and Germany.
In France and Germany, only about a third of people who said they
had supported right-wing parties reported seeing Trump in a favorable
light. | Tasos Katopodis/Getty Images
LeMonde English
CLAIRE GABY FOR LE MONDE
Municipal elections: Louis Sarkozy tries to make a splash in French Riviera town
The son of the former French president is running a headline-grabbing campaign in Mention, both on the ground and across social media, as he tries to make a name for himself in a city where the far right enjoys strong support.
Editor’s Picks
New Monetary Phase in Syria: Syria announces introduction of new currency with 90-day transition period
According to the statement, the Central Bank of Syria will hold a press conference dedicated to explaining the exchange mechanism in detail, with the aim of enhancing transparency and building public trust. It also said the bank will continue operating between 25 and 27 December to follow up on technical and administrative preparations for the exchange.
The statement did not provide further details about the design of the new currency or the denominations to be issued, saying all details will be announced during the expected press conference.
The Syrian pound will be worth 100 pounds after two zeros were removed: a new Syrian currency to be put into circulation within days.
Dec 28, 2025
The Governor of the Central Bank of Syria, Abdul Qader Hasriya, announced the launch of the new Syrian currency and issued its implementing regulations, emphasizing that this step is not a mere formality but rather a pivotal milestone within a comprehensive strategy based on solid institutional foundations.
The Governor indicated that the new currency was designed according to international standards and reflects the bank's commitment to implementing professional and responsible reform policies, marking a new beginning for the future of the Syrian economy.
He explained that transactions in the new Syrian pound will begin on January 1, 2026, with designated points for the free exchange of the old currency. He stressed that all bank balances from the beginning of next year will be in the new currency.
He confirmed that the exchange process will be carried out according to the principle of removing two zeros, so that 100 old Syrian pounds will become equivalent to one new Syrian pound, thus strengthening citizens' confidence in the support for the independence of the national economy.
He added: "We will provide the new Syrian pound if demand for it increases."
Syria to launch new currency on January 1
Reuters/Yamam Al Shaar
Syria will launch a new national currency from January 1, 2026, the
country’s central bank governor, Abdulkader Husarieh, has announced.
The monetary reform includes removing two zeros from the Syrian pound and allowing a 90-day period of dual circulation, the state-run Syrian Arab News Agency (Sana) reported, quoting Husarieh.
“The move is the beginning of a new economic and monetary phase for the country,” he was quoted as saying.
Syria to Begin Currency Swap on January 1, Central bank Governor Says | Dawn News English
Uploaded: Dec 28, 2025
Syria
is launching a new national currency on January 1, 2026, as part of
major monetary reform, removing two zeros (100 old pounds = 1 new pound)
to simplify transactions and boost financial stability after years of
conflict, with old and new notes circulating together for 90 days for
exchange
. This redenomination aims to combat inflation, rebuild
confidence, and integrate Syria back into the global financial system,
following the partial lifting of Caesar Act sanctions. Key Details of the Currency Reform:
- Redenomination: 100 old Syrian Pounds (SYP) will equal 1 new Syrian Pound (SYP).
- Launch Date: Exchange begins January 1, 2026, for 90 days, with possible extension.
- Purpose: To address hyperinflation, simplify large transactions, and restore confidence in the currency.
- Process: A direct replacement, not an increase in money supply; all bank balances convert automatically.
- Exchange: Free of charge at designated outlets, with banks closed briefly for the transition.
- New Notes: Feature enhanced security and will circulate alongside old notes.
Context & Significance:
- Economic Strain: The Syrian pound has lost over 99% of its value since 2011, making large bundles of cash necessary.
- Post-Sanctions Era: The move follows the repeal of the Caesar Act sanctions, opening doors for financial reintegration.
- Broader Strategy: This is part of a five-pillar economic plan for stability, transparency, and digital transformation, notes Arab News
![Syria announces introduction of new currency with 90-day transition period - [Ä°LKHA] Ilke News Agency](https://ilkha.com/img/NewsGallery/2025/12/28/500877/FeaturedImage/1f690618-12bc-48fb-a0c5-77b8ef649df2.webp)
Syria announces introduction of new currency with 90-day transition period - Ä°LKHA] Ilke News Agency
REUTERS
Violence along Syria's Alawite coast turned many against the new government. Now the leadership is trying to make amends and win the minority’s loyalty with economic in… 
Subscribe to:
Comments (Atom)
-
Flash News: Ukraine Intercepts Russian Kh-59 Cruise Missile Using US VAMPIRE Air Defense System Mounted on Boat. Ukrainian forces have made ...
