Arab League Adopts Economic Blockade Sanctions Syria "Effective Immediately"

Tyler Durden's picture

In the off case that this weekend's Italian bailout rumor roundup does nothing to quell the ongoing European collapse, the status quo is already working in diversion Plan B. Enter the Arab Leage and the announcement that it has approved sanctions against Syria, including an asset freeze and an embargo on investments, effective immediately. And while the screenplay is for now a carbon copy replica of what happened in Libya, with the imposition of a "No Fly Zone" over Syria as reported previously as the most likely next step, what is unique is the response that will follow from not only Syria, but Iran (which followed in Russian footsteps and announced it would attack NATO member Turkey missiles if provoked) as well as Russia and China, all of which have made it clear that any unilateral, US/Europe-backed agression against Syria will not stand. BBC reports: "League foreign ministers adopted the unprecedented sanctions at a meeting in Cairo by a vote of 19 to three. The move came after Syria refused to allow 4,000 Arab League monitors into the country to assess the situation on the ground. Syria, one of the founder members of the Arab League, condemned the sanctions as a betrayal of Arab solidarity. Syrian Foreign Minister Walid al-Muallem accused the league of seeking to "internationalise" the conflict." We expect developments to move quickly at this point as the chaos in the developed world is hitting a fever pitch and the only logical outcome is some "localized" regional warfare here and there.

As for the blockade specifics, we turn again to the BBC:

Qatari Prime Minister and Foreign Minister Sheikh Hamad bin Jassim
al-Thani gave details of the sanctions to a news conference in Cairo.
They include:

  • Cutting off transactions with the Syrian central bank
  • Halting funding by Arab governments for projects in Syria
  • A ban on senior Syrian officials travelling to other Arab countries
  • A freeze on assets related to President Bashar al-Assad's government

The declaration also calls on Arab central banks to
monitor transfers to Syria, with the exception of remittances from
Syrians abroad.

 

Two of Syria's immediate neighbours, Iraq and Lebanon,
abstained from the vote. Iraq suggested an economic blockade would not
work in practice.

Naturally, every action has an equal and opposite reaction:

The Arab League move is being portrayed in Damascus as part of a
Western-inspired conspiracy to undermine the country because of its
traditional resistance to Israel, says the BBC's Jim Muir in
neighbouring Lebanon.

 

Syrian state television described the sanctions as "unprecedented measures aimed at the Syrian people".

The only question is whether the isolation that Syria is about to experience will be enough to prompt a government overthrow: that old "democratic" staple of enforced revolutions, which quite often work best when Made In Langley flip flops are already on the ground.

Damascus depends on its Arab neighbours for half of its exports and a
quarter of its imports, so the sanctions - supplemented by Syria's
northern neighbour Turkey - will step up the pressure and increase
Syria's sense of isolation.

 

On Saturday, Mr Muallem hit out at the group after it asked
the UN to contribute to the proposed observer mission, calling it an
invitation "for foreign intervention instead of a call to avoid one".

Below is a breakdown of which import and export countries are set to lose the most from this isolation. Furthermore, if Iraq is indeed serious about abstaining from Arab League embargos, we would not be surprised to see the country tear off from the organization and proceed to unilaterally trade with Syria: a move that will set the reagion on edge even more.

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BW's picture

Oil is going up.

DormRoom's picture

It's worse  than that.  You have Western supported Sunnis about to strike a Russian supported Shia population.  This may inflame the middle east into a Shia/Sunni war.

 

And if the proxy Iran war escalates, we may witness the first continental EMP detonation over Europe.  Then we will literally go back to  the dark ages.

 

All this because of a  bunch of fucknut bankers.

trav7777's picture

ah, the magic EMP...from whom?  Who the fuck is going to press the button, moron?

Ahmeexnal's picture

Whomever does, he will be a true liberator.

The euro-oligarchy must be destroyed.

 

http://www.youtube.com/watch?v=zYiX_ekB6Ec

wanklord's picture

The only plausible way by which Barry & Associates (including the Zionist warmongers) could justify a war against the Islamic Republic of Iran is by staging another false flag attack on continental United States: most likely a controlled nuclear explosion (dirty bomb) targeting a major urban concentration that may kill dozens of thousands of civilians.

This operation will be carried out by the CIA in partnership with Mossad and MI6 to subsequently be blamed on AlQaeda working in conjunction with elements of Iran’s IRGC and Pakistan’s ISI.

Besides that, Americans are a bunch of stupid animals easy to manipulate and subdue. The psychological impact of this event will elicit the brute and ignorant populace to demand a massive retaliation against the alleged perpetrators (explicitly Iran); the Obama administration will need the unconditional support of these mules in order to further their agenda.

Absent of this essential prerequisite (a false flag operation), President Soetoro will find virtually impossible persuading US Congress to issue a formal declaration of war.

TheFourthStooge-ing's picture

Wanklord copies and pastes this exact fucking comment wherever he thinks it's at least marginally relevant. That he doesn't bother to read any followups is indicated by his lack of corrections to errors that have been pointed out in his copy-and-paste boilerplate screed.

 

JoBob's picture

Wanklord, You seem to be in a rut with your posting and logic.

DormRoom's picture

Russia or China will give Iran nukes, if shit gets real. 

 

Control of the strait of hormuz may be a step towards a Western debt jubilee, so BRICs cannot wage, or win total war, since they don't have enough oil reserves.

 

Haole's picture

"Russia or China will give Iran nukes..."

 

I submit they already have.

xcehn's picture

I think he might mean they'll sell Iran already made ballistic missiles.

slewie the pi-rat's picture

mexico, too, probably

my point is:  who tf knows? 

so, i agree with you in that if everything is bullshit, why should "iran does not yet have nuclear weapons" be true? 

meanwhile, i would think that what the known nuclear powers are up to bears more scrutiny and alternative interpretations

earleflorida's picture

where does all the 'mex. drug money' go [?] - if you said into WF, and C,... you are correct

DutchR's picture

Apparently the Moron family is extensive.

Weimar Ben Bernanke's picture

Iran does not have the delivery system to fire a nuke or an emp.Russia will never give a muslim country nukes,Russia has its own muslim problem(Chechnya,Dagestan). Iran's nuclear program is for peaceful purposes not for a weapon. if it was for a weapon Russia would never allow it. Plus if iran fired an emp at Europe it will face a nuclear inferno from Israel and the US(there are nukes in Turkey). The Iranians are not that crazy.

ParaZite's picture

It's always Sunni in Phildephia. :D

So, can we have WW3 in time for Christmas?

Nothing says happy holidays like a nuclear genocide. 0_o

ParaZite's picture

Don't give me any Shiite over that post. It was lulz gold. :)

Maxter's picture

I junked you because you are writing as if you were actualy on 4Chan.

GCT's picture

EMP bah over rated as all of our military hardware is EmP proofed and tested.  Watch out for those Neutron bombs though!

Tompooz's picture

@dormroom. "You have Western supported Sunnis about to strike a Russian supported Shia

population".

 

You got this wrong. The Syrian population is Sunni in majority. It is only the Asad regime that hails from the 'Alawite sect. However, the principles of the Ba'th party are secular.

On the ground the conflict looks much more like a fundamentalst (Saudi, Qatar) supported revolt against a secularist mafia.

Syria's alliance with Iran is strategic, not religious.

For the best background on the regime I recommend Nicolaos van Dam's "the struggle for power in Syria"

john39's picture

this is not going to end well.

SilverRhino's picture

Possible understatement of the year.

q99x2's picture

If ZH and Scottrade remain accessable I do not care.

earleflorida's picture

who gives a fuck about scottrade,...

"ZeroHedge", rules! 

GeneMarchbanks's picture

BBC panic gauge = off the charts.

apberusdisvet's picture

It's truly amazing and mind-blowing that the MSM has somehow convinced the world that these are all "humanitarian" interventions.

The oxymoron of all oxymorons

 

CrazyCooter's picture

It is not if you read enough history, unfortunate as that may be.

Regards,

Cooter

q99x2's picture

Humanitarian interventions paid for by reducing my 86 year old parents coverage of their perscription medications. Pretty sure how they will be voting next year.

Conrad Murray's picture

What makes the black gold flow? BLOOD BLOOD BLOOD!

Who's down with OPP? You down with OPP? No, this isn't a rap song. I'm talking about Obama's Peace Prize. Get down or lay down you wascally sand devils. O-BA-MA! O-BA-MA! O-BA-MA!

P.S. - every time you pay your taxes, you enable the murder of an innocent child. You will be judged. Allahu Akhbar.

SheepleLOVEcheddarbaybiscuits's picture

wash rinse repeat.....How do the sheep not see this?!

Iwanttoknow's picture

Sunnis are run by agents of NWO.Fuck them.

SDRII's picture

dont miss the A f r I c o m  alliance voting to send troops into somalia in yet a replay of the previous failed us backed operation 

 

 

 

 

 

 

rambler6421's picture

why on earth would they do that? this will put in the moslem brotherhood in power.

libertarian86.blogspot.com

sabra1's picture

that's the whole idea! hitlery cliton is arranging the whole setup!

Tompooz's picture

"why on earth would they do that? this will put in the moslem brotherhood in power."

They must be thinking that they can control the leadership of the moslem brotherhood by helping them to overcome the Ba'thists.

It's a (stupid) gamble, but then in Syria they have nothing to lose; they certainly could not control Asad and his regime.

Look how they threw loyal Mubarak to the wolves. They figured it was the military-to-military relationship that really mattered.

Well, that remains to be seen too.

sunnydays's picture

Funny how the U.S. is ignoring what is happening in Egypt now with the killing of the people.  I guess it is because the generals are their alliance in Egypt and doing the bidding of the West.   They are ignoring Saudia Arabia's protests too.   Jeez also funny how it is all countries that do not have a Rothschild's central bank that they decide to go after and invade.

At what point will the people realize the U.S. is the only country invading and taking over other countries in  the world?

The U.S. is not the humaine country it pretends to be.  So, now the U.S. wants to start WW3?  I will never fly the American flag again, unless it is upside down.

sabra1's picture

the oldidorks use the US army/navy as their private police force! that's why they have bases all over the world!

CrazyCooter's picture

Perhaps because Egypt is now more or less a net importer of oil?

Regards,

Cooter

Fate's picture

Isn't there a Russian naval base on the Syrian coast?

topcallingtroll's picture

Russia and China will do nothing.

They are just a couple of Shi Tzu's barking at a Great Dane.

They just look ridiculous and the world gets a good laugh out of their antics.

Randall Cabot's picture

Nothing big will come of this, the no-fly zone won't work with Syria because the Russians just set up an air defense system there that will give any attackers a bloody nose which will have to lead to escalation which won't happen so call it a stalemate right now. Qualifier: All bets off if Nutty Nutanyahu gets nuttier.

sabra1's picture

funny how Putin is once again president, without even a fight!

alpharack's picture

The rotten regime of saudi arabia is crumbling by day. Fuck arab league of pimps.

xcehn's picture

Many see the Arab League as a tool of Saudi Arabia, and indirectly the U.S.

tamboo's picture

and izzy of course since sauds are joos too, look it up.

King Dong's picture

I love the smell of sanctions in the morning

PLove's picture

Saudi Arabia is next.

Fukcen fools! 

DutchR's picture

But Syria just got some fresh S300's to play with.