Israeli officials said progress had been made in negotiations for a ceasefire in Gaza that would include the release of hostages and Palestinian prisoners.
Israeli officials optimistic on Gaza ceasefire talks; Palestinians return to a devastated Khan Younis
Israel refrained from cutting interest rates on Monday, with the central bank focusing on protecting the shekel and cooling inflation expectations as the war in Gaza causes defence spending to surge.Senior Israeli officials said progress had been made in negotiations for a ceasefire in Gaza that would include the release of hostages and Palestinian prisoners, a move that drew criticism from far-right ministers who threatened to bring down the government.
For its part, Hamas, designated a terrorist organisation by the US and European Union, said on Monday there’d been no progress in the talks. A senior Hamas official, who asked not to be identified, said Israel hadn’t agreed to the group’s demands for a total ceasefire, full withdrawal of troops and free return of the displaced to the north. No new round of talks had been scheduled, the official said.
Finance Minister Bezalel Smotrich, from the Religious Zionism party, called on Netanyahu to convene an urgent meeting of the extended Cabinet to discuss the developments in the war. Netanyahu has said that unless Israel defeats Hamas entirely, it will not have won the war. But he’s also under intense domestic pressure to bring back as many as possible of the more than 100 hostages still held in Gaza.
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