Active Stocks
Fri Apr 19 2024 15:56:00
  1. Tata Steel share price
  2. 162.10 1.31%
  1. Tata Motors share price
  2. 963.20 -0.84%
  1. NTPC share price
  2. 350.90 -0.14%
  1. ITC share price
  2. 424.80 1.40%
  1. Power Grid Corporation Of India share price
  2. 281.70 0.54%
Business News/ News / World/  Israel-Hamas War: ‘My hope is that by next Monday..,’ says US President Joe Biden on ceasefire
BackBack

Israel-Hamas War: ‘My hope is that by next Monday..,’ says US President Joe Biden on ceasefire

US President Joe Biden highlighted that he hopes there will be a ceasefire in the Israel-Hamas conflict by ‘next Monday’.

U.S. President Joe Biden gestures as he walks to board Marine One for travel back to Washington from the Wall Street heliport in downtown New York, NY, U.S. February 26, 2024. REUTERS/Leah Millis (REUTERS)Premium
U.S. President Joe Biden gestures as he walks to board Marine One for travel back to Washington from the Wall Street heliport in downtown New York, NY, U.S. February 26, 2024. REUTERS/Leah Millis (REUTERS)

US President Joe Biden said that he hopes there will be a ceasefire in the Israel-Hamas conflict by “next Monday," as reported by CNN.

He further said that we are close to it but it's not done yet.

"Well, I hope by the beginning of the weekend, I mean, the end of the weekend," Biden said after being asked when a ceasefire might start.

"My national security adviser tells me that we're close. We're close, it's not done yet. And my hope is that by next Monday we'll have a ceasefire," Biden added.

Earlier today, the report further stated that Hamas adjusted some of its key demands during negotiations for a hostage agreement and temporarily ceased hostilities in Gaza. This adjustment followed Israeli accusations of Hamas holding "delusional" positions.

Also Read: Israel-Hamas War: 1.5 million Palestinian civilians forced to evacuate due to Israeli attacks; 10 updates

The change in stance has brought the negotiating parties closer to an initial agreement, which could potentially lead to a cessation of the conflict and the release of a group of Israeli hostages, CNN reported citing two sources familiar with the discussions.

Following the meeting held in Paris between the US, Egyptian, and Israeli intelligence chiefs and the Qatari prime minister, a senior Biden administration official said, “The major obstacles have been resolved in terms of Hamas insisting on a full withdrawal of Israeli forces and an end to the war."

“Hamas' requirements for the number of Palestinians (prisoners that) would have to be freed have declined," the official added.

Also Read: Gaza war to stop? Hamas gives ‘positive’ reply to truce deal; Israel says ‘studying it intensely’

Meanwhile, a diplomatic source familiar with the discussions said that Hamas softened its position ahead of an agreement on the first phase of a deal, the report noted.

However, it is expected that more challenging hurdles will emerge later when complex issues like Hamas releasing male IDF hostages and an end to the war are discussed.

ANI reported, moreover, those involved in the discussions said that an agreement would likely be implemented in multiple phases and once an initial deal is made, it could lead to a truce lasting for as long as six weeks with a group of Israeli hostages released, including women, children, the elderly and the sick, in exchange for a smaller number of Palestinian prisoners than Hamas had initially demanded.

The second phase is where discussions are expected to get even more complicated.

Reportedly, Israeli leaders have made it clear that they intend to launch a military offensive into Rafah, while in an earlier proposal, Hamas said they want to use a second phase to discuss “the requirements necessary for the continuation of the mutual cessation of military operations."

Earlier on Sunday, US National Security Advisor Jake Sullivan said that the Paris meeting resulted in "an understanding among the four of them about what the basic contours of a hostage deal for a temporary ceasefire would look like."

“There will have to be indirect discussions by Qatar and Egypt with Hamas because ultimately they will have to agree to release the hostages. That work is underway. And we hope that in the coming days, we can drive to a point where there is actually a firm and final agreement on this issue. But we will have to wait and see," he added.

(With inputs from ANI)

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 27 Feb 2024, 06:58 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App