UN: Over 920,000 displaced in Syria in 2018, highest level since conflict began

A Syrian woman walks carrying a child with another woman past military vehicles, after arriving in a convoy carrying displaced people into government-controlled territory at Abu al-Zuhur checkpoint in the western countryside of Idlib province, on June 1, 2018. (AFP)
Updated 11 June 2018
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UN: Over 920,000 displaced in Syria in 2018, highest level since conflict began

  • This is the highest displacement in that short period of time seen since the conflict started, the UN said

GENEVA: More than 920,000 people were displaced inside Syria during the first four months of 2018, the highest level in the seven-year conflict, the UN said Monday.
“We are seeing a massive displacement inside Syria... From January to April, there were over 920,000 newly displaced people,” Panos Moumtzis, the UN regional humanitarian coordinator for Syria, told reporters in Geneva.
“This was the highest displacement in that short period of time we have seen since the conflict started,” he said.


Qatar pledges to invest $15 billion into Turkey

Updated 21 min 33 sec ago
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Qatar pledges to invest $15 billion into Turkey

  • The promise of an investment package comes after Qatar’s Emir met with President Erdogan
  • The Turkish currency has lost nearly 40 percent against the dollar this year

ANKARA: Turkey has announced that Qatar has pledged to invest $15 billion into Turkish financial markets and banks, a government source told Reuters on Wednesday.
The promise of an investment package comes after Qatar’s Emir Tamim bin Hamad Al-Thani met with President Tayyip Erdogan in Ankara and as Turkey comes to terms with a collapse in the lira amid rising tensions with NATO ally the US.
The Turkish currency has lost nearly 40 percent against the dollar this year, driven by worries over Erdogan’s growing influence on the economy and his repeated calls for lower interest rates despite high inflation.
Following the announcement, the lira firmed briefly from 6.04 to 5.8699 to the dollar, but later eased back to 6.0200 on Wednesday afternoon.
It had rebounded some 6 percent on Wednesday after the central bank squeezed lira liquidity in the market, effectively pushing up rates and supporting the currency.
Erdogan’s spokesman praised the move on Twitter, tweeting: “The fundamentals of the Turkish economy are robust and Turkey will emerge stronger from this process,” Ibrahim Kalin wrote.
Qatar has moved closer to countries like Turkey and Iran after Saudi Arabia and other Arab states severed diplomatic, trade and travel ties with the Gulf state last year, accusing it of financing terrorism.