Global | BBVA Research Big Data Geopolitics Monitor. December 12, 2023

Battles are raging across Gaza, with Israel indicating readiness to fight for months or longer to defeat Hamas. Intense fighting is concentrated in southern Gaza; Netanyahu seeks lasting control over Gaza even after the war ends. Concerns mount over the remaining 137 hostages' fate amid a worsening humanitarian crisis.

Key points

• Key points:
• UN Secretary-General Guterres urged Security Council action against the Gaza war; UN warns of imminent aid collapse.
• The US blocked a UN resolution that demanded a ceasefire and approved sending more weapons to Israel. Some US senate members have started advocating for stricter conditions regarding the support for weapons.
• The EU holds varied responses: Spain and three other countries seek a summit for a lasting Gaza ceasefire, supporting Israel's right to self-defense under international law. Meanwhile, France, Germany, and Italy propose an EU-sanction scheme targeting Hamas.
• The levels of Geopolitical & Conflict sentiment maintained high to extreme levels in the Middle East. The media of Latam countries starts to reflect a high risk sentiment on the conflict of the war.

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