Ceasefire and Hostage Exchange - A ceasefire has taken effect, with Israel awaiting final details for cabinet approval of the first stage of the Trump peace plan [1] - The agreement involves the release of approximately 2,000 jailed Palestinians, including convicted terrorists, in exchange for hostages [3][22] - The release of at least 20 live hostages is expected over the weekend if the deal is signed [7] - The initial phase of the hostage release is planned for 72 hours [8] Political and Diplomatic Landscape - Prime Minister Netanyahu is believed to have the majority support in the cabinet to pass the deal [2][5] - The Trump peace plan has garnered international agreement, including from Israel and the Palestinian Authority, but Hamas's full agreement is pending [9][10] - The Trump administration's pressure on Hamas is seen as effective in achieving results [10][24] Hamas's Role and Intentions - There is a consensus that Hamas, as a terrorist organization, cannot be part of a future of stability and peace [14][15] - The second stage of the peace plan involves Hamas leadership, which Israel has agreed to, along with Turkey, Jordan, Qatar, and the United States [17] Public Sentiment in Israel - The Israeli public is experiencing mixed feelings, with joy over the hostages' return but also heavy-heartedness due to the release of convicted terrorists [3][21] - The return of the hostages is viewed as a "breath of air" after two years of battling [19][20]

Geopolitical Landscape - President Trump proposed a peace plan between Israel and Hamas [1] - The proposal aims for a lasting peace in the Middle East, not just Gaza [2] Negotiation Stance - Hamas indicated willingness to turn over hostages, with conditions [3] - President Trump welcomed Hamas' step towards negotiations [3] US Government Action - President Trump urged Israel to immediately stop bombing Gaza to ensure the safe and quick release of hostages [1] - The President is already considering the technical details of hostage extraction [3] - President Trump is preparing a video statement from the Oval Office [4]