Ceasefire in Lebanon and tension in Pakistan

Andrew Sheves Good morning.

(Reminder: Thursday and Friday’s SITREPS will only contain the stability ratings as we are observing Thanksgiving, aka Turkey Day .)

In Pakistan, supporters of jailed former Prime Minister Imran Khan have been pushed out of central Islamabad by security forces, although they have not fully dispersed and thousands remain in the city. [SOURCE - BBC]

Israel and Hezbollah agreed to a 60-day ceasefire, pausing the year-old conflict in Lebanon. [SOURCE - Bloomberg]

Commodity and Rate Snapshot

🛢️** Crude Futures (WTI)**

$69.12

💵 **USD:EUR **

$1.052*(Price of 1EUR in USD)*

₿ Bitcoin

$93,571

As at Nov 27, 06:00ET -Data is illustrative, not for decision-making.

Financial data via Bloomberg, Freightos and AlphaVantage

Europe Stability Ratings and News Summary

More Unstable

🇦🇱 Albania, 🇧🇾 Belarus, 🇧🇦 Bosnia And Herzegovina, 🇨🇾 Cyprus, 🇪🇪 Estonia, 🇫🇷 France, 🇩🇪 Germany, 🇬🇷 Greece, 🇭🇺 Hungary, 🇮🇸 Iceland, 🇮🇪 Ireland, 🇮🇹 Italy, 🇱🇻 Latvia, 🇱🇹 Lithuania, 🇲🇰 Macedonia, 🇲🇹 Malta, 🇲🇩 Moldova, 🇲🇪 Montenegro, 🇳🇱 Netherlands, 🇳🇴 Norway, 🇵🇱 Poland, 🇷🇴 Romania, 🇷🇺 Russia, 🇷🇸 Serbia, 🇸🇰 Slovakia, 🇪🇸 Spain, 🇸🇪 Sweden, 🇹🇷 Turkey, 🇺🇦 Ukraine

More Stable

No countries were more stable over this period

Unchanged

🇦🇩 Andorra, 🇦🇹 Austria, 🇧🇪 Belgium, 🇭🇷 Croatia, 🇨🇿 Czech Republic, 🇩🇰 Denmark, 🇫🇮 Finland, 🇱🇮 Liechtenstein, 🇱🇺 Luxembourg, 🇲🇨 Monaco, 🇵🇹 Portugal, 🇸🇲 San Marino, 🇸🇮 Slovenia, 🇨🇭 Switzerland, 🇬🇧 United Kingdom

Europe News Summary

*Note - Apologies, but due to a technical error, the hyperlinks for the European news did not render correctly today. *

Switzerland’s National Bank has reaffirmed its commitment to combating inflation, emphasizing price stability as its primary goal amidst ongoing global economic pressures. This focus comes as the Swiss government prepares for a vote on changes to healthcare funding rules, aiming to adapt the system to the evolving needs of the healthcare sector. Additionally, Switzerland is set to trial electronic signature collection for referendums, a move designed to enhance democratic participation and streamline processes for citizens. In a separate initiative, local voters in Uri have approved plans for a hotel and marina complex, signaling a push towards boosting tourism and economic growth in the region. Meanwhile, Lucerne voters have backed the rapid expansion of wind energy projects, reflecting a growing commitment to renewable energy sources [SOURCE - Reuters][SOURCE - Le News][SOURCE - Swissinfo].

However, Switzerland is also facing scrutiny regarding national security, as the University of Basel has implemented stricter measures for Chinese students amid counterespionage concerns. Furthermore, the Global Forum on Transparency has urged Switzerland to take action against corruption risks, highlighting the need for integrity in international relations. In a notable foreign policy decision, the Swiss government has barred exports to a Polish firm after reports indicated that Swiss-made ammunition was used in Ukraine, underscoring Switzerland’s commitment to humanitarian law [SOURCE - Japan Times][SOURCE - Sw

Carpe tomorrow!