
Trump says hopes for Gaza ceasefire ‘sometime next week'
The Republican leader was asked by reporters if a ceasefire in the devastating war between Israel and Palestinians could be in place before a visit by Israeli Prime Minister Benjamin Netanyahu to the White House, set for July 7.
'We hope it's going to happen, and we're looking for it to happen sometime next week,' Trump responded as he departed Washington for Florida.
Gaza rescuers say Israeli forces kill over 50 as ceasefire calls mount
The swift resolution of Israel's 12-day war with Iran has revived hopes for a halt to the fighting in Gaza, where more than 20 months of combat have created dire humanitarian conditions for the population of more than two million.
Trump has previously urged Israel to 'make the deal in Gaza,' but on the ground, Israel has continued to pursue its offensive across the Palestinian territory.

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Business Recorder
17 minutes ago
- Business Recorder
Trump urges Hamas to accept 'final proposal' for 60-day Gaza ceasefire
WASHINGTON: US President Donald Trump urged Iran-backed Hamas on Tuesday to agree to what he called a "final proposal" for a 60-day ceasefire with Israel in Gaza that will be delivered by mediating officials from Qatar and Egypt. In a social media post, Trump said his representatives had a "long and productive" meeting with Israeli officials about Gaza. He did not identify his representatives but US special envoy Steve Witkoff, Secretary of State Marco Rubio and Vice President JD Vance had been due to meet Ron Dermer, a senior adviser to Israeli Prime Minister Benjamin Netanyahu. Trump said Israel has agreed to the conditions to finalize a 60-day ceasefire, "during which time we will work with all parties to end the War." He said representatives for Qatar and Egypt will deliver "this final proposal" to Hamas. "I hope, for the good of the Middle East, that Hamas takes this Deal, because it will not get better — IT WILL ONLY GET WORSE. Thank you for your attention to this matter!" he said. Trump told reporters earlier in the day that he is hopeful that a ceasefire-for-hostages agreement can be achieved next week between Israel and Hamas in Gaza. He is set to meet Netanyahu at the White House on Monday. Hamas has said it is willing to free remaining hostages, opens new tab in Gaza under any deal to end the war, while Israel says it can only end if Hamas is disarmed and dismantled. Hamas refuses to lay down its arms. The war in Gaza was triggered when Hamas-led attacked Israel on October 7, 2023, killing 1,200 people and taking 251 hostages, according to Israeli tallies. Israeli court postpones Netanyahu appearance in graft trial The two sides have shown little sign of a readiness to budge from their entrenched positions. The U.S. has proposed a 60-day ceasefire and the release of half the hostages in exchange for Palestinian prisoners and the remains of other Palestinians. Israeli Foreign Minister Gideon Saar said earlier this week Israel has agreed to a U.S.-proposed 60-day ceasefire and hostage deal, and put the onus on Hamas. Trump and his aides appear to be seeking to use any momentum from U.S. and Israeli strikes on Iran nuclear sites, as well as a ceasefire that took hold last week in that conflict, to secure a lasting truce in the war in Gaza. Trump told reporters during a visit to Florida that he would be "very firm" with Netanyahu on the need for a speedy Gaza ceasefire while noting that the Israeli leader wants one as well. "We hope it's going to happen. And we're looking forward to it happening sometime next week," he told reporters. "We want to get the hostages out." Gaza's health ministry says Israel's post-Oct. 7 military assault has killed over 56,000 Palestinians. The assault has also caused a hunger crisis, internally displaced Gaza's entire population and prompted accusations of genocide at the International Court of Justice and of war crimes at the International Criminal Court. Israel denies the accusations.


Business Recorder
19 minutes ago
- Business Recorder
Trump must put his words into action
Indeed, US President Donald Trump's statement that the US is pushing for a truce in Gaza by 'sometime next week' has given birth to some legitimate hopes that Israel's war machinery will stop killing and maiming more Palestinians very soon. Through these columns I would urge the head of government of world's most powerful country to walk the talk in order to strengthen his credentials for the Nobel Peace Prize. No doubt, President Trump is rightly credited for effecting a ceasefire between India and Pakistan in May. He also successfully ended the 12-day war between Israel and Iran last month. It is quite likely that he would be using his good offices for a much-needed ceasefire in Gaza where human misery has reached a situation, which is beyond description, beyond atrocious and beyond inhumane. Doctors in Gaza, for example, have warned that thousands of babies could die, as baby formula supplies run dry under Israel's inhumane blockade. President Trump must do the needful so as to become the fifth president of the US to have won the Nobel Peace Prize (after Barrack Obama, Theodore Roosevelt, Woodrow Wilson and Jimmy Carter, with Carter becoming the recipient of Nobel Peace Prize after leaving office). In sum, the situation has clearly thrown up an opportunity for President Trump. He should grab it with both hands. Laiba Khan (Karachi) Copyright Business Recorder, 2025


Business Recorder
22 minutes ago
- Business Recorder
South Korean shares drop as US ramps up trade pressure ahead of tariff deadline
SEOUL: Round-up of South Korean financial markets: South Korean shares fell on Wednesday as US President Donald Trump stepped up his rhetoric and increased pressure for trade deals to be finalised before a July 9 tariff deadline. The won weakened, while the benchmark bond yield rose. The benchmark KOSPI was down 45.97 points, or 1.49%, at 3,044.09, as of 0238 GMT. Among index heavyweights, chipmaker Samsung Electronics rose 0.58%, while peer SK Hynix lost 3.68%. Battery maker LG Energy Solution climbed 0.67%. Trump expressed frustration with US-Japan trade negotiations on Monday as Treasury Secretary Scott Bessent warned that countries could be notified of sharply higher tariffs as the deadline approaches despite good-faith negotiations. South Korea's consumer inflation accelerated in June to its fastest pace since January this year, government data showed on Wednesday, beating market expectations. Hyundai Motor and sister automaker Kia Corp were up 1.43% and up 0.81%, respectively. Steelmaker POSCO Holdings added 0.91%, while drugmaker Samsung BioLogics rose nearly 1%. Of the total 935 traded issues, 223 shares advanced, while 685 declined. Foreigners were net sellers of shares worth 333.4 billion won. The won was quoted at 1,361.8 per dollar on the onshore settlement platform, 0.21% lower than its previous close at 1,359.0. In offshore trading, the won was quoted at 1,361.8 per dollar, down 0.4% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,359.1. The KOSPI index has risen 26.86% so far this year. In money and debt markets, September futures on three-year treasury bonds lost 0.05 point to 107.22.