Global | BBVA Research Big Data Geopolitics Monitor. March 5, 2024

Israeli forces and Palestinian fighters are clashing, with Israel conducting airstrikes, including on a building with the Palestinian Islamic National Bank. The US, UN, Egypt, S. Arabia, and Jordan seek a ceasefire, with US VP Kamala Harris advocating for an immediate end to hostilities and urgent humanitarian aid to Gaza.

Key points

• Key points:
• EU Commissioner Von der Leyen emphasized the need for European countries to increase their NATO contributions in a "whatever it takes" speech. This follows her announcement to seek a second term and comments by Donald Trump, a leading Republican candidate, criticizing EU's insufficient support for NATO.
• A leak by Russian media RT revealed a conversation among Germany's top military officials discussing the potential supply of Taurus missiles to Ukraine. Germany views this leak as part of Russia's disinformation campaign.
• Germany and France are at odds regarding their support for Ukraine, with Germany accusing France of not contributing sufficiently to Ukraine's aid.
• The Middle East remains a primary global tension point, while protest activity in Europe is slowing down, except in Italy. Germany's Conflict Index surged due to a leaked conversation about potentially supplying Taurus missiles to Ukraine, while geopolitical risks in Latin American countries remain high.

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