IRAQI MERCHANTS BOYCOTTING SYRIA — this is interesting:
After what we’ve seen on TV, we thought that it’s totally unpatriotic to trade with that country; the Syrian government is benefiting from trade with Iraq and using the money they get to fund the criminals who slaughter our people. Not only that; the ordinary people themselves started to prefer products from other origins over Syrian products so we thought that it’s better to search for alternatives for the boycotted items.
This is bad news for Assad, I suspect.
UPDATE: It’s especially interesting in conjunction with this observation from Michael Young:
One should also observe the pragmatism of the Syrian business class. The Assads and Makhloufs are not indispensable to its survival, and any movement away from the regime will have to pass through the private sector at some stage. With the economy searching for a lifeline, and privatization and banking reforms hardly advancing at all, there is surely disgruntlement there. I’m not suggesting a coup is in the offing (who knows?), but the pillars of the Assad regime are eroding: the Alawites are worried; the business class, particularly Sunnis, were disturbed by the Hariri assassination and are, clearly, making less money today; and the political elite as a whole may soon lose a very profitable venture in Lebanon.
Hmm.