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Jefferies: Expects Fragile Middle East Ceasefire to Be Maintained
Svmuu News Jefferies global economist Mohit Kumar stated in a report that, despite the fragility of the Middle East ceasefire agreement, it is expected to be sustained. Kumar said, "We have reached a stage where both sides desire a ceasefire because continuing the war will have negative consequences for both." Kumar noted, "Trump wants to reach an agreement because he lacks support from his 'Make America Great Again' base to continue the war." Meanwhile, Iran's Islamic Revolutionary Guard Corps will face difficulties due to its devastated economy, which could pave the way for subsequent uprisings. He stated, "Considering the interests of both sides, we believe this unstable ceasefire will hold." (Jin10)
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