Israel’s security cabinet has recommended that the government approve a Gaza ceasefire and hostage release deal, according to a statement from Prime Minister Benjamin Netanyahu’s office. The security cabinet met early Friday.

French President Emmanuel Macron said Friday that Israel must accelerate its withdrawal from south Lebanon to achieve a full pullout,

The deal, mediated by the United States, offered a glimmer of hope in a conflict that has taken an immense human toll.

Israel's inflation eased more than expected in December to end 2024 at a rate of 3.2% versus 3.0% in 2023, according to data on Wednesday from the Central Bureau of Statistics that could entice policymakers to start reducing interest rates soon.

The deal promises the release of dozens of hostages held by Hamas in phases and hundreds of Palestinian prisoners in Israel.

Secretary of State Antony Blinken had said the U.S. wanted a ceasefire deal in Gaza and all remaining captives released before Donald Trump takes office on Jan. 20.

President Joe Biden touted a ceasefire agreement between Israel and Hamas, a goal his administration has been working toward for more than a year now.