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of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
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Free AccessCNN-US Expects Israeli Response To Iran To Be 'Limited In Scope'
CNN reporting that according to a senior Biden administration official and a source familiar with intel, the US expects any Israeli response to the Iranian drone/missile attack over the weekend to be "limited in scope." CNN reports the intel source saying some sort of strike is likely as "they [Israel] feel like they have to respond with a kinetic action of some kind given the unprecedented scale of the Iranian attack"
- CNN: "The [Biden admin] official also said if Israel did not respond, the US is “confident that there will be de-escalation” and the situation would go back to the status quo. “But any additional move now opens up a series of other possibilities, some of which are quite frightening,” the senior official added. "
- The three-man Israeli war cabinet (PM Benjamin Netanyahu, Defence Minister Yoav Gallant, Minister without Portfolio Benny Gantz) meets at an unspecified time today in an effort to reach agreement on a response.
- There is seen to be broad support within the war cabinet and wider national unity gov't for some form of retaliation. Ultranationalists in the gov't such as Security Minister Itamar Ben-Gvir are calling for a major retaliation, e.g. direct missile attacks on Iranian cities. However, significant pressure from allies is looking to reduce any 'kinetic action' to the least escalatory possible (e.g. strikes on Iranian proxies or Iranian targets outside of Iran's territory).
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.