- Hamas rejected a proposal by Israel that would have included a two-month ceasefire and the release of thousands of Palestinian prisoners in exchange for the remaining Israeli hostages, according to Israeli media. Heavy fighting today in Khan Younis, Gaza’s second-largest city, has reportedly stranded hundreds of people in its main hospital.
- Disruptions in the Red Sea — through which 12% of global shipping passes — could squeeze corporate profits and spark more inflation, companies warn. (Read More)
January 24, 2024
Mid East update
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