The currency crisis is part of a wider economic meltdown that poses the biggest threat to the stability of import-reliant Lebanon since the 1975-90 civil war.
The interim government and local councils announced the decision amid the Syrian Pound’s freefall as economic conditions worsened.
The value of the Syrian pound has plummeted with dizzying speed in recent days on the informal market, sending prices skyrocketing nationwide and shuttering shops.
The international community must act in tandem to prevent a major food shortage that will disproportionately hurt developing countries.
The recent wave of uprisings across the Middle East represents a continuation of the revolutionary process that began in 2011, and while they all have regional and local contexts, they do share a common thread.
Saudi Arabia and the UAE have a long history of counter-revolutions in the Muslim world - are they gearing up for another in Sudan?
Chanting "Sudan is rising, the army is rising," crowds of men and women massed outside the complex that also houses Bashir's official residence and the defence ministry, many of them having spent the night there.
Battling high levels of food inflation, Turkish authorities opened their own markets to sell cheap fruit and vegetables directly to consumers, cutting out retailers who the government has accused of hiking prices.
Thousands gather across Iran to mark the anniversary of the end of "the sedition" – the last major unrest that followed disputed elections in 2009. The pre-planned rallies take place as anti-government price protests spread across the country.
Around 80 percent of UK's food imports come from the EU members and Brexit could lead to increase in food prices and shortages.
About 75 people have died and almost 100,000 are homeless after the worst floods to hit Peru in nearly two decades. Experts say the heavy rainfall is due to climate change and the government should have been better prepared.
Facing the world's highest inflation, Venezuela's government hopes that replacing the 100-bolivar bill will combat smuggling on its border with Colombia, and help pull it out of economic collapse. The bill is worth less than 2 US cents.
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