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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.
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Def Min-US To Supply Munitions To IDF In Coming Days
Reuters reporting comments from Defence Minister Yoav Gallant following talks with US National Security Council Coordinator for the Middle East and North Africa Brett McGurk. Gallant says that he discussed the 'progress achieved regarding an agreement for the release of hostages in Gaza' with the White House envoy. They also discussed the delivery of 'critical munition' to Israel, which according to Gallant, McGurk said would be sent in the coming days. An official confirmedon 10 July that the US would resume sending 500lb bombs, but not 2,000lb ordnance due to concerns about their use in built-up areas.
- The confirmation of new munitions supplies comes at a pivotal time with regards to the situation in Gaza and the broader region.
- In recent days, the IDF have increased their aeiral bombardment of north and central Gaza, as well as dropping leaflets on Gaza City instructing civilians there to leave the city and head south in anticipation of a broader IDF operation.
- Negotiations on a hostages-for-ceasefire deal ongoing in Cairo and Doha are seen to be closer to agreement than at any other point to date.
- The prospect of escalation on the Israeli-Lebanese border into an all out conflict between Hezbollah and Israel remains present. On 10 July, Hezbollah leader Hassan Nasrallah indicated that a Gaza ceasefire would see Hezbollah halt operations on the border, making any deal critical for avoiding a conflict that would carry a much greater risk of regional conflagration than the Gaza crisis.
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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.