In this month’s edition of Around the World with Academy Securities, our Geopolitical Intelligence Group (GIG) focuses on the following geopolitical tensions that we are monitoring: Uncertainty in Syria in 2025 Potential for a Ceasefire in Gaza in 2025 U.S. Engagement with Iran in 2025 Likelihood of a Ceasefire Between Russia and Ukraine in 2025 Tensions Between China and Taiwan/the Philippines Continue in 2025 We begin this month’s report with an update on the collapse of the Assad regime in Syria following the rapid offensive by the HTS-led rebels. In the past two weeks, Israel took the initiative to destroy ... Around the World with Academy Securities