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Strategies & Market Trends : World Outlook -- Ignore unavailable to you. Want to Upgrade?

To: Les H who wrote (44341)	11/27/2024 7:26:21 PM
From: Les H	Read Replies (1) \| Respond to of 51093

Israel Agrees to Ceasefire in Lebanon After Ground Invasion Fails Posted on November 27, 2024 by Yves Smith While a cessation of hostilities should be a welcome event, the ceasefire between Israel and Lebanon is not cause for great cheer. While it does mean that Israel’s air assault on Beirut and other parts of Lebanon are off for now, and maybe even a long time, that does not mean Israel is foreswearing its belligerent ways. It will instead be free to turn its full attention to Palestine and the West Bank. The big reason for this ceasefire is that Israel was suffering high costs and getting nowhere in its ground invasion of Lebanon. Colonel Larry Wilkerson estimated that Israel had suffered 8,000 wounded in action, an unsustainably high level, while getting only a few kilometers into the country. But Israel had driven Lebanese citizens near the border out of their homes (and destroyed many) and was also doing great damage to Beirut and other civilian areas. So Hezbollah, which is a political party and part of the Lebanese government apparatus, could not oppose a ceasefire that would spare Lebanese lives and property, even if it mean reneging on its promise to keep fighting Israel as long as the war in Gaza continued. nakedcapitalism.com