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Jefferies: Expecting the fragile ceasefire agreement in the Middle East to hold
ME News message. On April 9 (UTC+8), Jefferies Global Economist Mohit Kumar said in a report that although the ceasefire agreement in the Middle East is fragile, it is expected that the ceasefire agreement will be able to hold. Kumar said, “We have reached a stage where both sides want a ceasefire, because continuing the war would have negative impacts on both sides.” Kumar said that, “Trump wants to reach an agreement because he has not received support for continued war from his ‘Make America Great Again’ base.” Meanwhile, Iran’s Islamic Revolutionary Guard Corps will be thrown into difficulties due to the destruction of the economy, which could pave the way for subsequent uprisings. He said, “Taking into account the interests of both sides, we believe that this unstable ceasefire agreement will be maintained.” (Jin10) (Source: ODAILY)