US removes Syria from state sponsor of terrorism list, revokes HTS designation
The United States has removed Syria from its list of state sponsors of terrorism and revoked the terrorist designation of Hayat Tahrir al-Sham, also known as al-Nusrah Front. The Treasury Department said the move is intended to support investment and help promote political and economic stability in Syria. It marks a significant shift in Washington's approach to the country after years of sanctions tied to the former Assad government.The announcement confirms a decision first revealed last month and follows a review process that had been pending in Congress. Treasury Secretary Scott Bessent said the action would help foster additional investment... [Continue Reading]
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US launches Operation Economic Outcast to target Iran's enablers
US Treasury Secretary Scott Bessent has said the United States is expanding pressure on Iran through a new campaign called Operation Economic Outcast. He described the effort as an attempt to "sever every economic lifeline that sustains" the Iranian regime and said countries and entities that continue to do business with Tehran should expect consequences. The announcement marks a sharper push to isolate Iran economically as the conflict between the two sides approaches the six-month mark.According to the Treasury Secretary, the campaign is an expansion of secondary sanctions aimed at countries, companies and other entities that maintain economic ties with... [Continue Reading]

