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2026-04-09 13:50:32
[Jefferies: Fragile Ceasefire May Last as Neither Side Wants to Continue War] (1) Jefferies global economist Mohit Kumar said the Middle East ceasefire is fragile but expected to last. (2) Both sides want a ceasefire because continuing the war would have negative consequences for each other. Trump wants an agreement because his “Make America Great Again” base does not support continuing the war. (3) Meanwhile, the Iranian Islamic Revolutionary Guard Corps is struggling with a devastated economy, potentially paving the way for a subsequent uprising. Given the interests of both sides, this fragile ceasefire is likely to last.
