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Free AccessBiden To Deliver Remarks On Release Of Hostages 13:45ET 18:45GMT
13:45 ET 18:45 GMT: The White House has confirmed that President Biden will shortly deliver remarks, "on the release of hostages from Gaza." Livestream
- Biden will deliver the remarks from Nantucket, Massachusetts where he is spending the Thanksgiving holiday.
- Biden was instrumental in negotiating the hostage exchange will is currently underway during a four-day pause in fighting.
- Biden's full throated support of Israel is broadly seen as providing leverage to pressure the cabinet of Israeli Prime Minister Benjamin Netanyahu to approve the deal, but has prompted blowback from progressive Democrats.
- The successful implementation of the deal is likely to provide some reprieve for Biden and could lead to additional talks on a permanent ceasefire, although Israeli government officials have indicted that fighting will resume upon completion of the hostage exchange.
- The New York Times notes: "Some two dozen hostages held in Gaza, including Thai nationals and Israelis, were released from captivity on Friday, the Egyptian and Qatari governments said, the first people to be freed under a cease-fire between Israel and Hamas that took effect hours earlier."
To read the full story
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Why MNI
MNI is the leading provider
of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.