Jefferies: Anticipates Fragile Middle East Ceasefire to Hold

Odaily News: Mohit Kumar, a global economist at Jefferies, stated in a report that despite the fragility of the Middle East ceasefire agreement, it is expected to hold. 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 is not receiving 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 may pave the way for subsequent uprisings. He stated, "Considering the interests of both sides, we believe this unstable ceasefire will be maintained." (Jin10)