Hamas to request Trump for a 60-day ceasefire - Fox News.

Hamas to request Trump for a 60-day ceasefire - Fox News.

Hamas has indicated its willingness to discuss a 60-day ceasefire agreement with the United States, as per a proposal mediated by the US. The proposal, which was received by Hamas through mediators, outlines a framework for ending the conflict in Gaza. Key components of the plan include the release of hostages held by Hamas in exchange for Palestinian prisoners in Israeli jails and the initiation of good-faith negotiations on a permanent ceasefire .

According to a Palestinian official familiar with the ceasefire efforts, the US plan involves the release of all hostages within the first 48 hours of a 60-day truce. This would be in exchange for Palestinian prisoners in Israeli jails, including those serving life sentences and other lengthy terms. Additionally, the proposal includes a personal guarantee from the US president that both sides would engage in good-faith negotiations on ending the war .

The Israeli government has expressed readiness to accept a full deal that would end the war, provided that Hamas releases all hostages and disarms. Israel's Foreign Minister Gideon Saar and Defense Minister Israel Katz have both reiterated these conditions, emphasizing the importance of hostage release and Hamas's disarmament as prerequisites for a ceasefire .

The escalating conflict in Gaza has resulted in significant humanitarian concerns, with the UN warning of a potential famine spreading to other parts of the territory. The Israeli military has intensified its air and ground attacks, with thousands of people displaced from Gaza City. The UN has called for a ceasefire, the release of hostages, and unimpeded humanitarian aid to prevent the situation from worsening .

The UK's mayor, Sir Sadiq Khan, has described the situation in Gaza as a "genocide," becoming the most senior Labour figure to contradict the government's official position. This statement comes amidst growing international pressure for a ceasefire and recognition of a Palestinian state .

As the conflict in Gaza continues, investors and financial professionals are closely monitoring the situation for its potential impact on regional stability and global markets. The proposed 60-day ceasefire, if successful, could provide a temporary respite from the conflict and allow for further negotiations on a more permanent solution.