The Syrian government decided to increase prices of drugs by 50%, the head of the pharmacies syndicate in Damascus said Tuesday, as the Syrian pound hit new a low in recent days.

Hassan Derwan did not give a reason for the price hike in his interview with the pro-government daily Al-Watan. Earlier this year, prices were raised by between 50% and 80%.

London-based sex worker Marin Scarlett and right-wing populist Nigel Farage might initially appear unlikely campaigning allies, but when it comes to the pitfalls of banking in Britain they share a common cause.

"It's ridiculous that financial institutions can act like moral arbiters," Scarlett told AFP, echoing Farage's exact same criticism last month after a scandal erupted around his treatment by British banks.

Argentines lined up on a bitterly cold winter morning in an annual pilgrimage to a Roman Catholic shrine for the patron saint of work, asking for jobs and prosperity as many struggle with one of the world's highest inflation rates.

Voters in the South American country are set to go to the polls Sunday in national primary elections that will determine party candidates for the October presidential race. But many of those in line at the shrine to St. Cayetano had little optimism things would change regardless of who comes out on top.

Italian bank stocks plunged Tuesday after the Cabinet approved a proposal to apply a 40% tax on some bank profits this year to help consumers and businesses cope with higher borrowing costs.

Transport Minister Matteo Salvini announced the tax at a Monday evening press conference, saying it was a measure of "social equity" to make up for a series of interest rate hikes from the European Central Bank.

China's exports plunged by 14.5% in July compared with a year earlier, adding to pressure on the ruling Communist Party to reverse an economic slump.

Imports tumbled 12.4%, customs data showed Tuesday, in a blow to global exporters that look to China as one of the biggest markets for industrial materials, food and consumer goods.

Lebanese Forces leader Samir Geagea blamed Tuesday the "demonic alliance" between the Axis of Defiance and the Free Patriotic Movement for the tragic situation in Lebanon, as he criticized the government for borrowing from the Central Bank.

"Borrowing from the Central Bank is illegal," Geagea said, dubbing the successive finance ministries a "disaster".

Saudi state-run oil giant Aramco said Monday that it made $30 billion in profit in the second quarter, a nearly 40% decline from the same period the previous year that it attributed to lower oil prices.

Total sales stood at just over 400 billion riyals (about $106 billion), down from 562 billion riyals ($150 billion in the second quarter of 2022. In an earnings report filed with the Saudi stock exchange, Aramco said the decrease "mainly reflected the impact of lower crude oil prices and weakening refining and chemicals margins."

Toshiba announced a 2 trillion yen ($14 billion) tender offer on Monday in a move that would take it private, as the scandal-tarnished Japanese electronics and energy giant seeks to turn itself around.

The tender offer led by a buyout fund of major Japanese banks and companies called Japan Industrial Partners starts Tuesday and is priced at 4,620 yen ($32) a share.

The Bank of England raised its main interest rate Thursday to a fresh 15-year high as it tries to bring down persistently high inflation, poised to bring more pain to people who are seeing rents and mortgages rise during a cost-of-living crisis.

From a university campus to a seaside town, Pope Francis challenged young people on Thursday to make the world a more just and inclusive place, as he focused the second day of his Portugal trip on inspiring students to use their privilege to combat global warming and economic inequalities.

Francis received a warm welcome first at the Catholic University in Lisbon, one of Portugal's top institutions of higher learning. He then had a more intimate, informal encounter with young people in the former fishing village of Cascais, where he was serenaded with a mournful performance of the traditional Portuguese fado, meaning fate or destiny.