Danny Makki

Syria’s dramatic readmission into the Arab League in May was perceived as a turning point for the country’s fortunes. Although Damascus may have come in from the cold diplomatically, there has been little change on the economic front, where the situation remains dire. Since the start of May, the Syrian pound has lost over 70% of its value and shows no sign of stabilizing.

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Cholera continues to sweep through Syria and Lebanon at an alarming pace, leaving thousands sick and hundreds dead in its wake, with only a small fraction of cases officially registered in databases.

As Russia pushes on with its relentless invasion of Ukraine, Damascus has done more than toe the proverbial Kremlin line — it has shown complete solidarity with its superpower patron.

The UAE has made bold strides to normalize relations with embattled Syrian President Bashar al-Assad, opening itself up to criticism as many countries remain reluctant to reconcile with Damascus. Despite this measured reintegration of Assad into the Arab fold, many serious complications and challenges lie ahead. The most important of these is the lack of support from a hesitant Saudi Arabia, which would impede the crucial next step of Syria’s restoration to full membership in the Arab League before its upcoming summit.

As the Syrian conflict reaches its 10-year anniversary, the economic consequences of a decade of war have been nothing less than catastrophic. Instability and inflation are likely to remain major problems over next 10 years — and possibly well beyond — but for now they have created a new level of despair in government-held areas. The Syrian economy has entered its most fragile phase yet and the prospects of a serious recovery remain all but a distant hope as the fiscal challenges confronting the country far outweigh the meagre remedies on offer.

As the conflict in Nagorno-Karabakh rages between Armenia and Azerbaijan, Russia and Turkey once again find themselves on opposite sides in a regional geopolitical war. With the reverberations from the fighting now spreading across the region, the fate of Idlib could be tied to battles elsewhere as Moscow potentially seeks to open up another front against Ankara.    

With a presidential election looming in the United States, the continuing crisis in Syria is unlikely to make headlines. Aside from the COVID-19 pandemic, raging wildfires, and the occasional flare-up of violence in Idlib, Syria has been largely off the radar in the U.S. for quite some time. Yet dramatic new revelations suggest that Syria could be on the administration’s agenda more prominently as President Donald Trump makes a serious, if desperate, move to secure American hostages thought by U.S. officials to be held in Damascus.

After months of under-reported cases and relaxed lockdown measures, the rapidly spreading COVID-19 pandemic has gripped government-held areas. A worrying rise in daily deaths and infections, especially in Damascus, has left Syria facing what could be its biggest challenge yet.

The Syrian economy is entering its most fragile phase yet in the country’s nine-year-long conflict. After being devastated by the fighting, constrained by biting Western sanctions, and ravaged by widespread corruption, it is now witnessing the sharpest rise in inflation in its history.

In a series of videos posted on Facebook this week, Rami Makhlouf called out the upper echelons of Syria’s political establishment, of which he had been an integral part for over two decades. By making his feud public Makhlouf has created an unprecedented rift within loyalist ranks, transforming his dispute with Syria’s ruling elite from one that was tightly controlled and behind closed doors to an out in the open, nationwide row the likes of which haven’t been seen since Hafez al-Assad’s standoff with his brother Rifaat in 1984.

Faced with the threat of further sanctions, a volatile situation in neighboring Lebanon, and a brutally tough winter, the only thing currently rising from the embers of war-torn Syria is the value of the dollar against the struggling Syrian pound. This marks the beginning of a dangerous new phase in the Syrian conflict as the government, fresh from its eight-year-long war for survival, tries to fend off an economic collapse from within. 

The U.S. assassination of Iranian Gen. Qassem Soleimani came as a seismic shock to the Middle East, not least to the embattled political system in Damascus that has reaped the benefits of Iran’s military involvement across the region. While his death will be a severe blow, it will not necessarily translate into a decline in Iran’s influence or military presence in Syria. Soleimani’s army of militias and supporters will outlast him, possibly by decades. 

Violence has been flaring up at an alarming rate in the southern Syrian province of Daraa, amid dozens of unclaimed attacks by gunmen. Over the last three months, assassinations, checkpoint attacks, fires, and sporadic clashes have wreaked havoc in the area and signaled a potential return of conflict. 

As fighting rages across the last opposition-held province of Idlib, the war in Syria has reached its brutal endgame. The Syrian army’s offensive, launched in early May, will not be quick, but rather marks the start of what will likely be a prolonged, violent, and ultimately costly campaign. If the first few weeks of the operation are anything to go by, resistance will be fierce — fiercer than initially expected — and as the world’s attention shifts toward Idlib, the stakes are now higher than ever.