Damascus Bookstores Pine for Customers as Economic Crisis Bites

A Syrian lady browses through books among piles of used books. (Reuters)
A Syrian lady browses through books among piles of used books. (Reuters)
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Damascus Bookstores Pine for Customers as Economic Crisis Bites

A Syrian lady browses through books among piles of used books. (Reuters)
A Syrian lady browses through books among piles of used books. (Reuters)

In one of the open bookstores in the Syrian capital, Damascus, only a handful of customers wander through the shelves and flip through books for sale, while the owner puts up a sign explaining that books sold are non-refundable and non-exchangeable.

For many Syrians, buying a book has become a luxury they cannot afford after the economic crisis ate away at their purchasing power.

“Before, customers would ask if we had the book, then buy it and leave. Today they ask about the price before seeing if they have enough money to pay,” bookstore owner Omar al-Nouri told Reuters.

More than a decade of war in Syria has led to the closure of many bookstores that used to attract dozens of readers and enthusiasts.

Today, however, a few book stores remain open, with most Syrians choosing to buy from book stalls on the street because of their lower prices.

Alan Khalaf, a practicing doctor, clarifies why he prefers buying books from street vendors rather than bookstores.

“I love looking. I mean, I love to see everything and read. Here people are more cooperative than bookstore keepers,” he said, adding that buying from stalls is much cheaper.

Street books vendor Abu Osama notes that they can sell the books at a lower price because the books are old and, in some cases, refurbished.

“Cracked books, we fix them. There are people whose financial situation is bad, and there are people who love old books, and their prices are lower than the new ones,” said Abu Osama.

After being productive, the Syrian economy began to decline in 2019 under the influence of the financial collapse in Lebanon, which led to a sharp drop in the value of the Syrian currency.

The United Nations says that the number of needy people in the country reached 14.6 million in 2021, increasing 1.2 million since 2020.



Axsome's Alzheimer's-related Drug Shows Mixed Results in Late-stage Studies

The human brain. Illustration: AFP
The human brain. Illustration: AFP
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Axsome's Alzheimer's-related Drug Shows Mixed Results in Late-stage Studies

The human brain. Illustration: AFP
The human brain. Illustration: AFP

Axsome Therapeutics said on Monday its experimental drug to treat agitation related to Alzheimer's disease succeeded in one of the two late-stage studies and failed to meet the main goal of the second trial.

Shares of the drug developer, which was testing the treatment, AXS-05, dropped 12% in premarket trading, Reuters reported.

The agitation is a symptom that causes emotional distress as well as verbal and physical aggressiveness.

The treatment significantly delayed the time to relapse in agitation as measured on a disease severity scale in one study, but did not demonstrate statistical significance in delaying agitation in another late-stage trial.

AXS-05 was safe and well tolerated in both the studies, the company said.