Hamas is considering a new proposal from Egypt that could lead to a ceasefire and the release of Israeli hostages. The proposal, which Israel has helped craft, involves a two-phase process. In the first phase, Hamas would release 20-33 hostages in exchange for a pause in hostilities and the release of Palestinian prisoners. In the second phase, a "restoration of sustainable calm" would be achieved, involving the exchange of remaining hostages, captive Israeli soldiers, and the bodies of hostages for more Palestinian prisoners.
The proposal comes after months of deadlock and could be a major step towards ending the war. However, if no deal is reached, Israel is likely to launch a large-scale ground invasion into the southern Gaza city of Rafah, which could lead to significant civilian casualties.
US Secretary of State Antony Blinken has described the proposal as "extraordinarily generous" and urged Hamas to accept it. Egyptian Foreign Minister Sameh Shoukry has also expressed hope that the proposal will be accepted, saying it could lead to a permanent ceasefire and improved humanitarian conditions.
Israeli officials have expressed openness to negotiating the "restoration of sustainable calm" as part of a comprehensive deal. However, they have maintained that their operation in Gaza will continue until Hamas is eradicated.
Hamas has insisted on a permanent ceasefire and full Israeli withdrawal from Gaza as part of any agreement. Israel has agreed to unrestricted movement of Palestinians to northern Gaza, a key demand by Hamas.
The prospect of an Israeli military offensive in Rafah looms large, with Israeli officials warning that it is the last chance to avert such an operation. The US and other Israel allies have warned that they will not support such an operation unless adequate measures are taken to ensure civilian safety.
The situation in Gaza remains dire, with the death toll from Israel's bombardment continuing to climb. Twenty people, including infants and toddlers, died in an Israeli airstrike overnight, and seven Palestinians were killed and dozens injured in two separate Israeli airstrikes.
The international community is urging a ceasefire and improved humanitarian conditions in Gaza. The proposal from Egypt offers a glimmer of hope, but it remains to be seen whether it will be accepted by Hamas and lead to a lasting peace.
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