ZA Sport becomes Russia’s official Olympic kit brandSport March 24, 4:28
Police searching for another suspect in Russia’s ex-MP murder in KievWorld March 24, 2:45
Putin pleased with acting at Moscow's Maly drama theaterSociety & Culture March 23, 23:35
Former Russian MP killed in Kiev, killer dies in hospitalWorld March 23, 23:32
Russian philanthropists get highest French award for thier art donationSociety & Culture March 23, 23:26
Russia's Channel One refuses to broadcast Samoilova's performance via satelliteSociety & Culture March 23, 21:52
Experts forecast Bank of Russia will keep key rate at 10%Business & Economy March 23, 21:13
Putin's aide explains why Russia has no fear of supplying S-400 systems to TurkeyRussian Politics & Diplomacy March 23, 20:42
British police identify Westminster attacker as Khalid MasoodWorld March 23, 20:03
BEIRUT, November 26 (Itar-Tass) —— The finance ministers of the Arab countries will meet in Cairo on Saturday to discuss a package of possible sanctions against Damascus. Friday was the deadline for the Syrian government to declare its consent to the League of Arab States’ proposal for a way out of crisis. It provided for the deployment of observers from the Arab and Islamic countries in Syria.
Among the likely economic measures that can be applied to Syria some mention the freezing of Syrian assets in Arab banks, curtailment of commercial relations and the refusal to have financial transactions with the Central Bank of Syria. Proposals will be made to suspend Syria’s participation in the Arab free trade zone and to stop civil flights to Damascus. However, the supply of basic food products to Syria would continue in order to not harm the population. Local experts say the sanctions will have a negative impact on the country’s economy, as Arab neighbors account for 53 percent of Syrian export and 16 percent of import.
After the finance ministers’ meeting the Arab countries’ foreign ministers will gather in Cairo on Sunday to approve the imposition of sanctions, if Damascus by that time does not agree to the LAS "road map."