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Visa & Mastercard have returned to Syria.
Syria is saved. /sarcasm
So supporting victims of genocide is "supporting terrorism", but when it comes to actual terrorist regime headed by an FBI Most wanted bonafinde terrorist takeover of a nation - yeah that's totally cool.
Liberal Democratic society 😉
The phrasing somehow implies that this is the result of some good economics, when in reality I guess (someone correct me otherwise) that as with Russia, Syria was simply sanctioned and now has stopped being so.
That seems to be correct. Article sorry its from a crypto site
preparing them to be outsourced workers
Yes
"Blessed revolution" for the Godless capitalists.
Slavery for the masses.
Depression 😓^___^
More private debt
In a vaccum it's good that Syrians get official access to foreign currencies, but the Gov is AQ.
And fundamental constraints continue on Syria, like low tax collection, force ppl to Syrian Pounds over Lira or Dollars.
And the foreign currency access may be financed by the Govt taking on more foreign debt too.
Its not really for average Syrians. Its for israelis, Turks, "tourists", and for the internal mafia class loyal to al Jolani.
Does makes sense, it would be good for tourism payments. Tourists come in, state and private banks get foreign currency and the mafia class you suggested take a chunk off it.
I think the most worrying part is the Syrian state may end up being indebted to Turkey in Lira if tourism inflows aren't enough.
Turkey is using the IMF as the mechanism of fiscal hegemony
https://thecradle.co/articles/the-world-bank-and-the-path-to-devouring-syrias-assets
We'll let them enjoy the moment for a bit before we tell them they can't buy smutty video games on itch.io anymore
Nature is healing.