financetom
World
financetom
/
World
/
Israel, Hamas extend Gaza truce as 11 more hostages freed
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Israel, Hamas extend Gaza truce as 11 more hostages freed
Nov 27, 2023 7:17 PM

Israel and Hamas agreed Monday to extend a cease-fire in their devastating war until Thursday morning, as 11 more freed hostages arrived in Israel.

The current halt, which began Friday after intense negotiations brokered by Qatar, with the help of Egypt and the US — was originally due to end Tuesday. It was the first since the conflict erupted in early October when Hamas attacked Israel, which retaliated by bombing Gaza and reducing much of it to rubble.

The two sides will pause fighting for an additional two days, Qatar’s foreign ministry said on X, while Hamas said in a statement that a deal was reached to "extend the temporary humanitarian ceasefire for an additional two days, under the same conditions as the previous ceasefire." The White House confirmed the agreement.

On Monday, the office of Israeli Prime Minister Benjamin Netanyahu said in a statement that "the government of Israel warmly welcomes our 11 abducted citizens who returned today to Israel." A Qatari spokesman said the 11 hostages were being freed from Gaza in exchange for Israel’s release of 33 Palestinians. With many Israelis holding dual citizenship, the Qatari government said the hostages freed included three French citizens, two Germans and six Argentinians.

John Kirby, spokesman for the US National Security Council, said earlier on CNN that "we do not believe that there are Americans in this group coming out today."

The extended cease-fire is expected to sustain the daily ratio of hostages and prisoners released by both sides, which has been aiming for one hostage from Gaza in exchange for three Palestinians held in Israeli prisons.

Israel has so far allowed more aid into Gaza and was set to release about 150 Palestinians from jail. Hamas, designated a terrorist group by the US and European Union, has so far freed more than 50 hostages, including foreigners.

The new extension of the accord was announced after Israel came under increasing pressure to agree to an extension. President Joe Biden has said he wanted to prolong the pause in the war, which has killed thousands of people and inflamed tensions in the Middle East and beyond.

Kirby said in a briefing that the White House welcomed the announcement of the truce extension, adding that Biden spoke with Israel’s Prime Minister Benjamin Netanyahu on Sunday about the situation.

Despite disputes and delays, the truce has held for three exchanges of hostages through Sunday, totaling 58 people, including non-Israelis. Those freed by Hamas on Sunday included a four-year-old girl — a US-Israeli dual national — whose parents were killed in the group’s Oct. 7 attack on Israel.

The war started when Hamas militants swarmed into southern Israeli communities from Gaza, killing about 1,200 people and abducting 240. More than 15,000 have died in Gaza amid air strikes and a later ground assault by Israel.

First Published:Nov 28, 2023 4:17 AM IST

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
EMERGING MARKETS-Latam currencies hover near multi-week lows; Brazil data parsed
EMERGING MARKETS-Latam currencies hover near multi-week lows; Brazil data parsed
Jul 25, 2024
(Updated at 1444 GMT) * Brazil inflation speeds up ahead of central bank rate decision * Peru's sol hits two-week low as copper prices slide * Markets monitor election developments in oil-rich Venezuela * Latam stocks down 0.9%, FX off 0.3% By Johann M Cherian July 25 (Reuters) - Most currencies of resources-rich Latin American economies were subdued on Thursday,...
Asian Equities Traded in the US as American Depositary Receipts Drop in Thursday Trading
Asian Equities Traded in the US as American Depositary Receipts Drop in Thursday Trading
Jul 25, 2024
10:46 AM EDT, 07/25/2024 (MT Newswires) -- Asian equities traded in the US as American depositary receipts were moving lower Thursday morning, falling 0.5% to 1,923.29 on the S&P Asia 50 ADR Index. From North Asia, the gainers were led by ecommerce company JD.com ( JD ) and polysilicon manufacturer Daqo New Energy ( DQ ) , which rose 4.3%...
US Economy Grows More Than Expected in Q2, Equity Futures Turn Narrowly Mixed Pre-Bell
US Economy Grows More Than Expected in Q2, Equity Futures Turn Narrowly Mixed Pre-Bell
Jul 25, 2024
08:51 AM EDT, 07/25/2024 (MT Newswires) -- US equity futures were narrowly mixed ahead of Thursday's opening bell as traders digested readings on the US economy, including Q2 growth data. Dow Jones Industrial Average futures gained 0.1%, S&P 500 futures slipped 0.2%, and Nasdaq futures were down 0.3%. Oil prices were lower, with front-month global benchmark North Sea Brent crude...
CANADA STOCKS-Falling commodity stocks drag TSX to two-week lows
CANADA STOCKS-Falling commodity stocks drag TSX to two-week lows
Jul 25, 2024
* Falling gold, silver prices hurt miners * Mullen Group ( MLLGF ) beats Q2 estimates, shares rise (Updated at 10:18 a.m. ET/ 1418 GMT) By Nikhil Sharma July 25 (Reuters) - Canada's main stock index on Thursday fell to its lowest in two weeks, led by precious metal miners as gold and silver prices weakened, while investors digested a...
Copyright 2023-2025 - www.financetom.com All Rights Reserved