{"id":10981,"date":"2011-07-26T12:51:41","date_gmt":"2011-07-26T16:51:41","guid":{"rendered":"http:\/\/joshualandis.com\/blog\/?p=10981"},"modified":"2011-07-26T12:51:41","modified_gmt":"2011-07-26T16:51:41","slug":"economic-news-roundup-26-july-2011","status":"publish","type":"post","link":"https:\/\/joshualandis.com\/blog\/economic-news-roundup-26-july-2011\/","title":{"rendered":"Economic News Roundup (26 July 2011)"},"content":{"rendered":"<p><strong>Trade  Government Reduces Import Tariffs on Food Items, Manufacturing Input<\/strong>s &#8211; (Syria Report)<strong><br \/>\n<\/strong><\/p>\n<blockquote><p>The Syrian government has reduced import tariffs on a  wide range of consumer products and manufacturing inputs in a bid to  reduce costs, as the month of Ramadan, a period of the year when demand  peaks and prices rise, is set to begin.<\/p><\/blockquote>\n<p><strong>Telecoms &amp; IT  Facebook, Twitter, Gmail Blocked by Syrian Government <\/strong>(Syria Report)<strong><br \/>\n<\/strong><\/p>\n<blockquote><p>Access to Facebook, Gmail, Twitter and many other social  media has been blocked for weeks in Syria, in a measure by the  government to limit the supply and transfer of information to the  outside world and within the country.<\/p><\/blockquote>\n<p><strong>Oil, Gas &amp; Mining  Iraq to Export 10,000 Barrels of Oil a Day to Syria <\/strong>(Syria Report)<strong><br \/>\n<\/strong><\/p>\n<blockquote><p>Iraq and Syria are finalising a deal for the export of  10,000 barrels of Iraqi crude oil a day to Syria, according to news  agencies.<\/p><\/blockquote>\n<p><a href=\"http:\/\/www.bloomberg.com\/news\/2011-07-24\/iran-to-ship-10-billion-in-gas-to-iraq-syria-via-new-pipeline.html\">Iran to Ship $10 Billion in Gas to Iraq, Syria Via New Pipeline<\/a><br \/>\nBy Ladane Nasseri &#8211; Jul 24, 2011<\/p>\n<blockquote><p>Iran  will sign a $10 billion contract tomorrow to export  natural gas to  Iraq and Syria, the Oil Ministry said on its news  website, citing  remarks yesterday by Javad Owji, National Iranian Gas  Co.\u2019s managing  director.<\/p>\n<p>The gas will be shipped from the South Pars field via a  new pipeline  route that may take three to five years to build and will  be mapped once  the agreement has been signed, according to the report  on the Shana  website.<\/p>\n<p>Iran and Syria signed a preliminary  agreement on Jan. 19 for the  construction of a 2,000-kilometer  (1,250-mile) network to carry Iranian  gas via a 56-inch  (142-centimeter) pipeline.<\/p>\n<p>Iran holds the world\u2019s second-largest gas reserves. The Shama report didn\u2019t disclose details of the contract.<a href=\"http:\/\/english.ruvr.ru\/2011\/07\/26\/53747063.html\" target=\"_blank\"><\/a><\/p><\/blockquote>\n<p><a href=\"http:\/\/english.ruvr.ru\/2011\/07\/26\/53747063.html\" target=\"_blank\">Islamic Pipeline to challenge Nabucco<\/a><\/p>\n<blockquote><p>The Voice of Russia\u00a0&#8211; ?5 hours ago?     Iran, Iraq and Syria have signed a memorandum on laying a pipeline. Its  resource base is the South Pars gas field in Iran. It is planned to lay  the pipeline through Iraq, Syria and further Lebanon and Europe under  the Mediterranean Sea. <strong>&#8230;<\/strong><\/p><\/blockquote>\n<p><strong>Economy  Oil Subsidies at USD 2.5 Billion in H1, 2011 <\/strong>Syria Report<strong><br \/>\n<\/strong><\/p>\n<blockquote><p>The  Syrian government spent USD 2.49 billion to finance  the cost of oil  products subsidies in the first half of this year,  according to  Abdullah Khattab, Director General of Mahrukat, the state  monopoly in  charge of distributing oil products.<\/p><\/blockquote>\n<p><strong>Does Rami Makhlouf only own 40% of Syriatel? <\/strong>If one adds together the shares owned by his brother and his subsidiary companies, Rami controls 79% of Syriatel, not 40%<\/p>\n<p><strong>Syriatel to Double Capital by Offering Free Share for Each Held<\/strong><br \/>\nBy Lina Ibrahim, 2011-07-24, Bloomberg<\/p>\n<blockquote><p>July  24 (Bloomberg) &#8212; Syriatel Mobile Telecom SA, one of  two mobile  operators in Syria, received approval to double its capital  by offering  one free share for each share held. The company made the  announcement  in a mobile-phone text message. Rami Makhlouf, the cousin  of Syrian  President Bashar al- Assad, owns 40 percent in the company.<\/p><\/blockquote>\n<p><strong>Deir-ez-Zor Chamber of Commerce Blames Security Services for Deepening Crisis<\/strong> (Syria Report)<strong><br \/>\n<\/strong><\/p>\n<blockquote><p>The Deir-ez-Zor Chamber of Commerce and Industry blames   the government\u2019s security services for the \u201cunjustified use of arms and   the brutal crackdown on protesters\u201d in one of many signs of growing   unease in the business community over the mishandling by the authorities   of the revolt gripping the country.<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"<p>Trade Government Reduces Import Tariffs on Food Items, Manufacturing Inputs &#8211; (Syria Report) The Syrian government has reduced import tariffs on a wide range of consumer products and manufacturing inputs in a bid to reduce costs, as the month of Ramadan, a period of the year when demand peaks and prices rise, is set to [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"sfsi_plus_gutenberg_text_before_share":"","sfsi_plus_gutenberg_show_text_before_share":"","sfsi_plus_gutenberg_icon_type":"","sfsi_plus_gutenberg_icon_alignemt":"","sfsi_plus_gutenburg_max_per_row":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false},"version":2}},"categories":[4,96],"tags":[],"class_list":["post-10981","post","type-post","status-publish","format-standard","hentry","category-economics","category-syria-revolution-2011"],"jetpack_publicize_connections":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.8.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Economic News Roundup (26 July 2011) - Syria Comment<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/joshualandis.com\/blog\/economic-news-roundup-26-july-2011\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Economic News Roundup (26 July 2011) - Syria Comment\" \/>\n<meta property=\"og:description\" content=\"Trade Government Reduces Import Tariffs on Food Items, Manufacturing Inputs &#8211; 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