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Geopolitics: Biden proposes three-step process for Israel/Hamas

Close. Biden proposed a three-phase Middle East peace plan:

  • Phase 1: complete ceasefire and withdrawal of Israeli forces from populated areas of Gaza. The Palestinians would return home. During phase 1, Israel and Hamas would negotiate phase 2 which would definitively end hostilities.
  • Phase 2 would see in exchange the recent release of all the hostages still alive, and the withdrawal of Israeli forces.
  • Phase 3 would be a major reconstruction plan for Gaza

Biden says Hamas no longer has capacity to hold another event on October 7

Israel responded by saying that Pres. Biden does not understand the reality here and that his speech is weak and represents a victory for Hamas

This article was written by Greg Michalowski at www.forexlive.com.

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