Connect with us
LIVE

News

Israel, Hamas agree to first phase of Gaza peace plan, allowing release of hostages and prioners

Published

on

US President Donald Trump speaks during a roundtable about “Antifa,” an anti-fascist movement he designated a domestic “terrorist organization” in the State Dining Room of the White House in Washington, DC, on Oct. 8, 2025.

Jim Watson | AFP | Getty Images

U.S. President Donald Trump announced Wednesday night stateside that Israel and Hamas had agreed on the first phase of a peace plan which could put an end to the two-year war and free hostages.

“ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace. All Parties will be treated fairly!,” Trump said in a post on Truth Social.

The preliminary agreement was confirmed by Israeli officials, Hamas and mediator Qatar.

Qatari Prime Minister’s spokesperson Maged al Ansary said in a post on X that an agreement had been reached on “all terms and mechanisms for implementing the first phase of the Gaza ceasefire agreement, which will lead to stopping the war, releasing Israeli detainees and Palestinian prisoners and allowing aid to enter,” according to CNBC’s translation of his post in Arabic. More details will be announced later, he added.

Israeli Prime Minister Benjamin Netanyahu thanked Trump on X and said that “With the approval of the first phase of the plan, all our hostages will be brought home. This is a diplomatic success and a national and moral victory for the State of Israel.” An Israeli government spokesperson said that release of hostages will start Saturday, according to Reuters.

Hamas confirmed the details in a separate statement. “We highly appreciate the efforts of our mediating brothers in Qatar, Egypt, and Turkey. We also value the efforts of U.S. President Donald Trump, who seek to bring about a definitive end to the war and a complete withdrawal of the occupation from the Gaza Strip,” the group said.

Advertisement

It remained unclear whether the parties had made progress on more contentious issues, including whether Hamas would agree to demilitarize, as President Trump has demanded and how governance of the war-torn Gaza Strip would be handled.

The agreement, which came after days of negotiations in Egypt, is expected to see the release of about 20 Israeli hostages in exchange for nearly 2,000 Palestinian prisoners. Trump had signaled optimism toward the development earlier in the day by saying that he was considering a trip to the Middle East within a matter of days.

Trump’s 20-point proposal released last month to end the war in Gaza called for “a process of demilitarization of Gaza … which will include placing weapons permanently beyond use through an agreed process of decommissioning.”

The plan called for Gaza to be governed under “the temporary transitional governance of a technocratic, apolitical Palestinian committee, responsible for delivering the day-to-day running of public services and municipalities for the people in Gaza.”

The Gaza war started in October 2023 when Hamas terrorists attacked Israel, killing about 1,200 people. Israel’s retaliatory campaign has since killed more than 67,000 people, laid waste to much of Gaza and thrown the Middle East into crisis.

Source link

Title

This industrial giant is emerging as a big AI play, says Wells Fargo This industrial giant is emerging as a big AI play, says Wells Fargo
Crypto6 months ago

This industrial giant is emerging as a big AI play, says Wells Fargo

  Wells Fargo sees Caterpillar continuing to roar higher, emerging as an artificial intelligence play. The bank initiated shares of...

Novo Nordisk's strategy tested as investors push back on board revamp Novo Nordisk's strategy tested as investors push back on board revamp
Crypto6 months ago

Novo Nordisk’s strategy tested as investors push back on board revamp

    Flags with the logos of Danish drugmaker Novo Nordisk, maker of the blockbuster diabetes and weight-loss treatments Ozempic...

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan
Crypto6 months ago

Alibaba plans AI subscriptions, stablecoin-like payments with JPMorgan

  Key Points Alibaba plans to use “tokenization” of payments for cross-border transactions in its business-to-business arm. Kuo Zhang, president...

Abraham Lincoln set off an education revolution in 1862 with the Land Grant Act. We need the same thing today for AI Abraham Lincoln set off an education revolution in 1862 with the Land Grant Act. We need the same thing today for AI
Crypto6 months ago

UK borrowing costs spike on report government to scrap plans to raise income tax

    Rachel Reeves, U.K. chancellor of the exchequer, delivers a speech in London, UK, on Tuesday, Nov. 4, 2025. Bloomberg...

An Indonesian Unicorn's Vision For Digital Payments An Indonesian Unicorn's Vision For Digital Payments
Crypto6 months ago

Trump’s threatened the BBC with a $1B lawsuit: Here’s what’s going on

    US President Donald Trump speaks to reporters as he arrives at Palm Beach International Airport on Oct. 31,...

We're downgrading a portfolio stock. Plus, what's causing the market's rally We're downgrading a portfolio stock. Plus, what's causing the market's rally
Crypto6 months ago

UBS’s picks for global returns next year

  Investors looking for global diversification opportunities should look to a specific subset of stocks in Europe, according to UBS...

Nvidia will soar nearly 75%, says Loop Capital Nvidia will soar nearly 75%, says Loop Capital
News6 months ago

AI companies admit they’re worried about a bubble

    Eakarat Buanoi | Istock | Getty Images LISBON, Portugal — Top tech executives told CNBC they’re concerned about...

CEO Southeast Asia's top bank DBS says AI adoption already paying off CEO Southeast Asia's top bank DBS says AI adoption already paying off
News6 months ago

CEO Southeast Asia’s top bank DBS says AI adoption already paying off

Tan Su Shan, deputy chief executive officer and managing director of institutional banking at DBS Group Holdings Ltd., speaks during...

China's economic slowdown deepens in October as housing slump worsens and investments shrink more than expected China's economic slowdown deepens in October as housing slump worsens and investments shrink more than expected
News6 months ago

China’s economic slowdown deepens in October as housing slump worsens and investments shrink more than expected

CHENGDU, CHINA – OCTOBER 18: People walk past the Louis Vuitton store at Taikoo Li, a high-end shopping area that...

U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador
News6 months ago

U.S. to remove tariffs on some products from Ecuador, Argentina, Guatemala and El Salvador

The United States said Thursday it will remove tariffs on some foods and other imports from Argentina, Ecuador, Guatemala and...

Advertisement