Hamas is reportedly agreeing to Israeli demands, including submitting a list of hostages for release, possibly due to being isolated and weakened after Israel killed many of their top officials. Arab mediators believe this is the right time for a deal, as Hamas is less influenced by Hezbollah following the ceasefire in Lebanon.
Hamas has agreed to a partial deal to release hostages, accept a gradual withdrawal of IDF forces, and submit a list of hostages for release, including U.S. citizens or dual U.S.-Israeli citizens.
There are 100 hostages in total, including 96 taken on October 7th and four taken earlier. Arab mediators estimate about half are still alive, while Israel believes at least 30 have died.
The ceasefire in Lebanon has reduced Hamas' influence from Hezbollah, making Hamas more isolated and potentially more willing to negotiate a deal with Israel.
The incoming U.S. president has publicly stated there would be consequences if hostages are not released before he takes office. Arab mediators believe this will pressure Israeli Prime Minister Netanyahu to agree to a deal.
Banks will have three options: charge a flat $5 overdraft fee, cap fees at an amount covering costs, or disclose overdraft loan terms like any other loan. The rules aim to limit excessive fees and take effect in October 2025.
The Swiss National Bank cut interest rates by half a point to 0.5%, aiming to rein in the strengthening Swiss franc. Investors are now watching for potential future cuts into negative territory.
A.M. Edition for Dec. 12. Arab meditators say Hamas has agreed to a pair of Israeli demands) –including handing over a list of hostages it would release under a deal–in a move that could put diplomatic efforts to end their war back on track. WSJ senior Middle East correspondent Summer Said) explains why the militant group may be displaying newfound flexibility toward negotiations. Plus, the Biden administration cracks down on bank overdraft fees). And Switzerland makes a bumper interest-rate cut), as investors size up the possibility future cuts cross into negative territory. Luke Vargas hosts.
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