Key DevelopmentsTop Hamas leaders continue to debate U.S.-backed ceasefire proposal that would lead to six-week cessation of hostilities. United Nations Conference on Trade and Development (UNCTAD) says the Gaza Strip has witnessed “unprecedented levels of destruction” and will not recover 2022 GDP levels until 2092. United Arab Emirates (UAE) allocates $5 million to support UNWRA, fund reconstruction in Gaza. U.S. Central Command hits 85 Hezbollah targets in Syria and Iraq in retaliation against “Iran-affiliated” fighters responsible for death of three U.S. service members in Jordan. “If you continue on this trend of escalation, you have no idea where it will go.”

Source: Wall Street Journal February 04, 2024 01:53 UTC