Foreign Exchanges

Foreign Exchanges

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Foreign Exchanges
Foreign Exchanges
The Week in Review: May 10-16, 2025
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FX Week in Review

The Week in Review: May 10-16, 2025

India-Pakistan ceasefire holds, violence erupts in Libya, and more

Ryan Gunnarson
May 18, 2025
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Foreign Exchanges
Foreign Exchanges
The Week in Review: May 10-16, 2025
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This week, India and Pakistan agreed to a ceasefire last Saturday that appears to be holding. The Kurdistan Workers’ Party (PKK) announced it would end its decades-long conflict with Turkey and disarm. In Libya, factional violence erupted in Tripoli as government forces moved against rival militias. Russia and Ukraine held brief peace talks in Istanbul on Friday, agreeing to a prisoner exchange but making little other progress. Israel continued military operations in Gaza, with dozens killed in airstrikes on hospitals, while Hamas released a US-Israeli captive.

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A guest post by
Ryan Gunnarson
Undergraduate in the Henry M. Jackson School of International Studies at The University of Washington, Seattle
© 2025 Derek Davison
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