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An agreement between the Palestinian militant group and West Jerusalem to release captives could reportedly be announced on Tuesday A Qatar-mediated deal to release a number of Israeli hostages taken by Hamas may be announced on Tuesday, several outlets have reported, noting that a temporary ceasefire in Gaza is also expected to be reached.

An economic downturn in the region will take hold by year-end, Mario Draghi has warned The European Union will likely plunge into recession by the end of the year, former Italian prime minister and European Central Bank (ECB) president Mario Draghi has told the Financial Times.