Intro

In this episode of The PDB Afternoon Bulletin:

• We’ll start things off with an update on Israel’s covert operations inside Lebanon, as The New York Times reports that Israeli operatives didn’t just rig Hezbollah’s pagers to explode, they actually built the devices as part of a years-long "Trojan Horse" operation.

• Then, we’ll move to the war in Ukraine, as the European Union greenlights a massive $39 billion loan for Kyiv that will be paid for using Russia’s own assets frozen inside Europe since Moscow’s 2022 invasion.

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