Ground Offensive Not Resulting In Lasting Resolution
BMI View: Â The Israeli ground offensive in the Gaza S trip will last less than a month . A ceasefire will not result in a lasting solution to the conflict , and Hamas will remain in control of the Strip . The offensive could lead to radicalisation in Gaza , while t he heavy de a th toll of Palestinian civilians will increase Israel's isolation on the international stage.
We expect the ongoing Israeli 'Operation Protective Edge' military operationÂ against Hamas - the militant group and political party that still effectively rules the Gaza Strip - to end with a ceasefire which will not result in a long-term solution to the conflict. In a major escalation in the 11-day offensive, Israeli tanks and troops entered GazaÂ on July 17Â after Prime Minister BinyaminÂ Netanyahu ordered a ground invasion.Â Israel will seek to erode Hamas's military capabilities - an objective that it feels cannot be achieved with air and missile strikes alone - and to put pressure on Hamas and other Palestinian groups to accept a ceasefire.
This development was anticipated by BMI. In our most recent analysis of the Israel-Hamas conflict ( see 'Israel-Hamas Flare-Up Hitting Financial Markets', July 9), we wrote: ' We see significant risk that the ongoing exchange of fire between Israel and Hamas will escalate into a protracted Israeli air campaign or ground operation in Gaza, despite neither sideÂ having much to gain from a further flare-up.'
|No Lasting Agreement In SightÂ|
|Palestinian Territories - Map|