Global | BBVA Research Big Data Geopolitics Monitor. February 6, 2024

Israeli forces raided Hamas Khan Yunis Brigade HQ, dismantling a major compound. UN is reviewing UNRWA, and international efforts seek a ceasefire. Secretary Blinken returns to the Middle East.

Key points

• Key points:
• UNRWA warns of possible February shutdown without funding. UN Secretary-General initiates independent review.
• No consensus on ceasefire proposal in Paris talks with US, Egypt, Qatar mediators and Israeli intelligence. Qatar remains cautiously optimistic about a potential pause in fighting.
• US escalates airstrikes on Iranian-backed militia sites in Iraq and Syria after a drone strike killed three US troops in Jordan, raising regional security concerns and the risk of broader tensions.
• Tensions persist in the Middle East. Europe sees increased protest indicators, while some Emerging Countries face ongoing high-risk of protests emerging. Ecuador remains a concern, and Argentina witnesses renewed economic policy uncertainty index rise.

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