The Daily Brief

The Growing Risk of a New Hezbollah-Israel War

Despite Lebanon's diplomatic efforts to defuse tensions with Israel, stalled progress on Hezbollah's disarmament portends intensified Israeli airstrikes that would risk collapsing the Lebanese government and even triggering another war.

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Italy Struggles To Translate Political Stability Into Economic Growth

Despite Prime Minister Meloni's success in achieving rare political and financial stability, Italy's weak economic growth and the expiry of EU recovery funds in 2026 may compel her to abandon fiscal prudence ahead of the next election cycle.

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OTHER TOPICS WE'RE TRACKING

• Armenia, Azerbaijan: First Direct Rail Freight Since Soviet Era Marks New Regional Reality

• Ethiopia: Afar Regional Government Accuses TPLF of Crossing Border, Attacking Civilians

• Mali: U.S. Official Expresses Support for Junta in Fight Against JNIM, Vows Further Cooperation

• Japan, U.S.: Defense Minister Says Japan Wants Nuclear Submarines

• Syria: U.S. To Establish Military Presence Around Damascus in Push for Syria-Israel Security Agreement

• Argentina: Milei Pledges To Maintain Currency Band Despite Peso Overvaluation

• Spain: Junts Announces Total Legislative Blockade, Leaving Spain's Government Unable To Pass Laws

• Somalia: Pirates Board Vessel off Somali Coast for First Time Since May 2024

• Indonesia: New Nickel Permits Halted To Enforce Downstream Processing

• Israel, Gaza: Trapped Hamas Fighters Could Destabilize Truce