SYRIA

Russia Denies Syria $1bn

Russia rejected a request from the beleaguered Syrian government for a $1bn loan at a recent meeting of the joint committee between the two countries: Russian Deputy PM Dmitry Rogozin said only that “the request of a loan to Syria needs further study.”

An agreement was signed in May with Russia to facilitate the extension of financial aid to Syria in the form of a credit line to allow for imports of essential goods. Damascus was hoping to obtain...