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- The BLUF - January 21st
The BLUF - January 21st
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This is Atlas, and you’re reading the Bottom Line Up Front, where we cover the top geopolitical stories from around the world every Tuesday!
Today’s topics:
The tenuous ceasefire between Israel & Hamas
Artic Circle Power Grab
Stress Test of European Banks
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Israel & Hamas Ceasefire Holds…For Now

Former hostage gets greeted by Israeli soldier (Israel Army / AFP via Getty Images)
By Arthur Lindh, Geopolitical Analyst & Intern for Atlas
Israel and Gaza had quiet skies for the first time in almost a year. The Qatar, Egypt, and US-brokered truce between Israel and Hamas has temporarily relieved both parties. This accord ends 15 months of conflict that began with Hamas' October 7, 2023, offensive on southern Israel, which killed 1,200 Israelis and took over 200 captives. Israel's military reaction displaced hundreds of thousands of Palestinians and killed many more in Gaza.
The ceasefire, launched Sunday, includes a gradual prisoner swap, enhanced humanitarian supply to Gaza, and a 30-day truce. Three Israeli hostages were liberated from Hamas captivity, while scores of Palestinian inmates were released from Israeli jails, bringing hope amidst the despair. For Gazans in need, almost 600 trucks of food, water, and medicine entered. This truce gives many Palestinians the chance to return home, survey the damage, and reconcile with their families.
Humanitarian Issues in Gaza
The ceasefire has helped Gaza, but it confronts a humanitarian catastrophe. The unrelenting bombing assault has destroyed entire communities and crippled water, electrical, and medical infrastructures. Humanitarian aid is appreciated, but not enough for Gaza's 2.3 million population. Hospitals are overcrowded and underfunded, and many families are still searching for loved ones in the ruins.
Gaza reconstruction will take years, if not decades and require major foreign funding. However, resource distribution remains controversial. Israel restricts supplies into Gaza to prevent Hamas' military rebuilding. Security-justified limitations impede aid operations and worsen civilian casualties in the crossfire.
Israel’s Security Concerns
The ceasefire is a double-edged sword for Israel. Israeli authorities faced intense internal pressure to return captives, thus their release was a major achievement. However, the truce does not help Israel neutralize Hamas as a government and military institution. Prime Minister Benjamin Netanyahu has consistently emphasized that Israel would not tolerate Hamas' stay in Gaza, underlining the group's role in regional bloodshed and instability.
Critics say such accords enable terrorist groups to seem respectable on the world stage. The ceasefire may be a momentary break before hostilities resume or a step toward a long-term settlement.
International Mediation and U.S. Involvement
Without foreign involvement, the truce was impossible. Qatar and Egypt facilitated Israel-Hamas engagement, while the US gave essential diplomatic backing. The Biden administration's commitment to captive release and Gaza help was shown by CIA Director William Burns' active involvement in the discussions.
Both sides of the war have criticized U.S. engagement. Pro-Israel advocates say the Biden administration's pressure on Netanyahu to accept a ceasefire weakens Israel's capacity to combat Hamas. The U.S. has been accused by pro-Palestinian groups of neglecting to address the conflict's core causes, notably the Gaza blockade and Israeli settlement building in the West Bank.
This critique shows the complexity of U.S. strategy in the area, which balances Israel's security with Gaza's humanitarian catastrophe. Washington's ability to balance these interests will determine the ceasefire's success.
The Way Forward
The truce provides a brief relief, but enduring peace is unlikely. Israel is unlikely to accept Hamas' demand for a lasting truce without guarantees that it will disarm and stop fighting. After decades of strife, distrust between the two parties makes real discussion impossible.
Palestinians in Gaza will struggle to recover. International help is essential, but poverty, unemployment, and political disenfranchisement must be addressed to end the violence. Without addressing these concerns, violence may persist.
Israel must balance security demands with moral and political implications of military action. The Gaza carnage has received international censure, with many questioning Israel's proportionality. Israel's right to defend itself against assaults cannot be overlooked.
Conclusion
The tenuous Israel-Hamas truce is a crucial step toward de-escalation. It has temporarily stopped the bloodshed, supplied humanitarian aid, and reunited war-torn families. But it also highlights the underlying differences and unresolved concerns that feed the war.

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