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ISRAEL: WSJ-Israel, Hamas Finalising Gaza Deal, Could Come This Afternoon

ISRAEL

The Wall St. Journal reports that Israel and Hamas are "finalizing the terms of a cease-fire deal that could be announced as soon as Tuesday," according to Arab and Israeli officials. There has been a concerted push in the past several days to reach an agreement prior to US President-elect Donald Trump's inauguration on 20 Jan. In his final major address on foreign policy in office, President Joe Biden said that the two sides were "on the brink” of a deal that would see hostages held by Hamas released and a "surge" in aid into Gaza. 

  • There remain risks to such a deal. There have been previous occasions where a ceasefire agreement has appeared to be within striking distance, only for one or both sides to pull back, although it should be noted that the current talks seem the most consequential to date.
  • Another risk comes in the form of the requirement for any deal to be approved by Israel's security cabinet and the full gov't. The smaller security cabinet is likely to approve any such deal. However, Security Minister Itamar Ben-Gvir has said his ultranationalist Otzma Yehudit party will oppose the agreement, and that he will resign if it is passed. He also calls on Finance Minister Bezalel Smotrich to resign in tandem with him. While Ben-Gvir says he will not vote to bring down PM Benjamin Netanyahu over the deal, the withdrawal of OY and Smotrich's Religious Zionism party would strip the gov't of a majority. 
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The Wall St. Journal reports that Israel and Hamas are "finalizing the terms of a cease-fire deal that could be announced as soon as Tuesday," according to Arab and Israeli officials. There has been a concerted push in the past several days to reach an agreement prior to US President-elect Donald Trump's inauguration on 20 Jan. In his final major address on foreign policy in office, President Joe Biden said that the two sides were "on the brink” of a deal that would see hostages held by Hamas released and a "surge" in aid into Gaza. 

  • There remain risks to such a deal. There have been previous occasions where a ceasefire agreement has appeared to be within striking distance, only for one or both sides to pull back, although it should be noted that the current talks seem the most consequential to date.
  • Another risk comes in the form of the requirement for any deal to be approved by Israel's security cabinet and the full gov't. The smaller security cabinet is likely to approve any such deal. However, Security Minister Itamar Ben-Gvir has said his ultranationalist Otzma Yehudit party will oppose the agreement, and that he will resign if it is passed. He also calls on Finance Minister Bezalel Smotrich to resign in tandem with him. While Ben-Gvir says he will not vote to bring down PM Benjamin Netanyahu over the deal, the withdrawal of OY and Smotrich's Religious Zionism party would strip the gov't of a majority.