President Joe Biden announced that the US, along with Qatar and Egypt, has presented a new 'bridging proposal' aimed at securing a Gaza ceasefire and hostage release deal. Despite Biden's optimism and the constructive atmosphere of the talks, Hamas remains skeptical, citing new Israeli conditions they find unacceptable. The proposed deal includes a phased approach starting with a full ceasefire and a prisoner exchange. Secretary of State Antony Blinken has been dispatched to the region to continue negotiations and reaffirm US support for Israel's security. Mediators plan to reconvene in Cairo next week to finalize the agreement, although significant gaps remain to be bridged. The urgency is underscored by fears of a broader regional conflict if the ceasefire fails.