World Business Report Syria and Lebanon's paths to economic recovery
Jun 26, 2025
Discover the World Bank's significant funding to aid Syria and Lebanon's economic recovery amidst ongoing challenges. Delve into the struggles with electricity shortages in Syria and Lebanon's funding gap, highlighting the need for stable governance. Shift gears to investigate the dark side of ticket scalping and the emotional toll on fans who face inflated prices. Finally, explore the evolving cannabis laws in Thailand and their implications for local growers amidst rising smuggling concerns. Tune in for insights on global market movements and regulatory responses!
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Electricity Cuts in Syrian Town
- Fahed Saad Kiwan described long-term electricity cuts in Sweda, Syria, during the civil war.
- Residents rely on car batteries for lights and routers due to unstable power supply.
Small Grant, Big Reconstruction Needs
- A $150 million World Bank grant is a start but far less than Syria's $2 billion electricity needs.
- Renewed investment and market openness are essential for rebuilding and attracting people back.
Security Challenges in Syria
- Syria's new government has limited control over security, controlling about 30% of the country.
- Minorities and factions complicate political stability efforts and rebuilding trust.