Israel and Lebanon have agreed to the implementation of a ceasefire on condition of complete cessation of Hezbollah fire and the evacuation of all Hezbollah operatives from the South Litani Sector, an area between the Israeli border and the Litani river.
This region is now under the control of Israeli military forces.
The truce was agreed after the fourth round of U.S.-led negotiations between Israeli and Lebanese representatives on Tuesday and Wednesday.
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Business News
May 22, 2026 14:46 ET Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.