President Donald Trump and Gaza ceasefire mediators signed a deal after Hamas freed all living hostages and Israel released Palestinian prisoners and detainees under the US-brokered agreement.

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The Israeli military said that a ceasefire was now in effect in Gaza, as its forces pull back in accordance with the deal approved by the government overnight.

CNN’s Dana Bash and Phil Mattingly break down the global stakes as the leaders of the world’s two superpowers try to ...