Global | BBVA Research Big Data Geopolitics Monitor. December 5, 2023

Summary

The end of the extended truce of the Hamas-Israel conflict has resulted in a rapid intensification of the conflict. This is reflected in conflict and Geopolitical indicators, which remain mostly high or extreme, while Political tensions, Protest and Economic Policy Uncertainty are overall neutral or low.

Key points

• Key points:
• Israeli airstrikes have killed hundreds of people in the Gaza Strip after a weeklong truce collapsed​​, while Israel has intensified its ground campaign in southern Gaza, causing residents to flee
• Significant reactions occurred from several players: among others, the UN denominated the situation Gaza as a major humanitarian crisis, the US stated that Israel has the right to defend itself and the EU, along with Arab states, says it supports a two-state solution
• Conflict and Geopolitical risk indexes in the middle East remain high or extreme. Political tensions and protest indexes are now neutral and Economic Policy Uncertainty is still resilient.

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