I'm John Batchel with my good colleague, Jonathan Shanzer of FD.

He's the executive director.

I'm told that the bookish leader of Hezbollah made a presentation not unlike Nasrallah on video.

He's in an undisclosed location.

Not inspirational, but he was there. Hesbullah, what if they

learned from watching Gaza and this ceasefire? Are there reasons for them to think we invented that

and they're executing it, or are they going in a new direction? Well, it's fascinating, John.

There were indications this week that Hisbullah reached out to Saudi Arabia, asking if they

could turn a new page.

The Saudis are, they've already designated Hisbalah as a terrorist organization.

They are not interested in necessarily normalizing ties with Hezbollah,

but I think they understand that the Saudis may ultimately be the funders of the reconstruction of Lebanon

and that they may have more of a stake in whatever government is coming next.

You get a sense that Hisbalah understands that their future may lie only in their

existence as a political party and not as a violent group. And they may be, maybe starting to

think about that future. If that is the case, it would be fascinating indeed. Does that mean

disarmed, Jonathan? Well, theoretically, yes. And we know that the

Israelis are demanding it. The United States is demanding it. The government of Lebanon is demanding

it right now. The question is, at what point will the Hizbalah fighters realize that they have no

choice? And I think a lot of that really does rest

with the pressure brought to bear by the Arabs, by the French, by the United States, by the Israelis.

I'm not seeing a lot of it right now. Right now it's the government itself that is making noise about it,

...