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🇸🇾🇺🇸🇶🇦🇹🇷 – The Syrian government, represented by Energy Minister "Mohammad Al-Bashir", signed a historic 7 billion dollars energy agreement in the presence of President "Ahmed Al-Sharaa" with major companies from Qatar, the USA, and Turkey to generate 5000 MW of electricity.
The deal includes four combined-cycle gas turbine power plants totaling 4000 MW and a 1000 MW solar plant in southern Syria.
The agreement was held with U.S. envoy "Thomas Barrack", Qatari CEO "Ramez Al-Khayyat", and Turkish Energy Minister "Alparslan Bayraktar".
Before the war, Syria’s electricity production capacity was around 9000 MW, but it has since dropped significantly due to infrastructure damage. Current national demand is estimated at 6500- 7000 MW, while production dropped during the war to around 1500-2000 MW
🇸🇾🇺🇸🇶🇦🇹🇷 – The Syrian government, represented by Energy Minister "Mohammad Al-Bashir", signed a historic 7 billion dollars energy agreement in the presence of President "Ahmed Al-Sharaa" with major companies from Qatar, the USA, and Turkey to generate 5000 MW of electricity.
The deal includes four combined-cycle gas turbine power plants totaling 4000 MW and a 1000 MW solar plant in southern Syria.
The agreement was held with U.S. envoy "Thomas Barrack", Qatari CEO "Ramez Al-Khayyat", and Turkish Energy Minister "Alparslan Bayraktar".
Before the war, Syria’s electricity production capacity was around 9000 MW, but it has since dropped significantly due to infrastructure damage. Current national demand is estimated at 6500- 7000 MW, while production dropped during the war to around 1500-2000 MW
In general, many financial experts support their clients’ desire to buy cryptocurrency, but they don’t recommend it unless clients express interest. “The biggest concern for us is if someone wants to invest in crypto and the investment they choose doesn’t do well, and then all of a sudden they can’t send their kids to college,” says Ian Harvey, a certified financial planner (CFP) in New York City. “Then it wasn’t worth the risk.” The speculative nature of cryptocurrency leads some planners to recommend it for clients’ “side” investments. “Some call it a Vegas account,” says Scott Hammel, a CFP in Dallas. “Let’s keep this away from our real long-term perspective, make sure it doesn’t become too large a portion of your portfolio.” In a very real sense, Bitcoin is like a single stock, and advisors wouldn’t recommend putting a sizable part of your portfolio into any one company. At most, planners suggest putting no more than 1% to 10% into Bitcoin if you’re passionate about it. “If it was one stock, you would never allocate any significant portion of your portfolio to it,” Hammel says.