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Israel and Hezbollah announce ceasefire - ING


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Published in Stocks and Investing on Wednesday, November 27th 2024 at 17:02 GMT by Thomas Matters   Print publication without navigation

  • Israel and Hezbollah have announced a 60-day ceasefire agreement, effective immediately. This time window could be used to discuss a longer-lasting peace agreement. The focus now shifts to the implementation of the current agreement and how it affects ongoing fighting in the Gaza Strip or the Israel-Iran conflict,

The article from FXStreet reports that Israel and Hezbollah have agreed to a ceasefire, marking a significant de-escalation in the ongoing conflict between the two. This ceasefire was announced following intense diplomatic efforts and comes after a period of heightened tensions and military exchanges along the Israel-Lebanon border. The agreement aims to halt the violence that has led to numerous casualties and displacement of civilians. Key points include the cessation of hostilities, the withdrawal of forces from the border areas, and the establishment of a buffer zone monitored by international peacekeepers. The ceasefire is seen as a temporary measure to prevent further escalation, with both sides expressing cautious optimism about the potential for a longer-term peace process.

Read the Full FXStreet Article at [ https://www.fxstreet.com/news/israel-and-hezbollah-announce-ceasefire-ing-202411271342 ]

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