January 15, 2025

Israel, Hamas reach ceasefire and hostage deal, Biden announces

Investing.com — U.S. President Joe Biden announced on Wednesday that Israel and Hamas have agreed to a ceasefire and hostage deal, marking an end to the fighting in Gaza. This agreement will also increase the flow of humanitarian aid to Palestinian civilians.

The deal was reached after months of extensive diplomacy led by the United States, in collaboration with Egypt and Qatar. The agreement will not only cease the conflict in Gaza but will also provide much-needed humanitarian assistance to Palestinian civilians.

Additionally, the deal includes a provision to reunite hostages with their families. These individuals have been held captive for over 15 months. The U.S. President expressed hope that this deal will bring an end to the violence and suffering in the region.

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