What’s happened: Prime Minister Netanyahu announced this morning that Israel would accede to President Trump’s invitation to join his Board of Peace.
- Argentina, Azerbaijan, Belarus, Hungary, Kazakhstan, Morocco, the United Arab Emirates, and Vietnam have also said they would join. It was not clear from the Prime Minister’s announcement if Israel would be paying $1 billion for a permanent membership.
- President Trump told reporters yesterday that “we think we know” where the body of the last Israeli hostage in Gaza is. Referring to Ran Gvili, who was killed in the October 7 attacks and whose body has been held ever since in Gaza, the President said, “They have one left that we think we know where it is, amazing, it looked like we weren’t going to get anywhere near that, now they’ve gotten that almost.”
- Egyptian President Abdel Fattah al-Sisi will meet President Trump today on the sidelines of the Davos. The two are due to discuss Phase 2 of the Gaza ceasefire and to coordinate their moves before a bruited American ultimatum on Hamas disarmament and the possible entry of Egyptian-trained Palestinian forces into Gaza.
- In Jerusalem, the Israel Lands Authority took possession of a large UNRWA facility in Jerusalem and began demolishing parts of it. This was in accordance with the new law from last year which bans all UNRWA activity inside Israel and severely limits any official interaction between Israel and UNRWA in territories Israel controls.
- UNRWA vacated the facility six months ago, and the ILA proceeded with the demolition yesterday to stop other illegal activities taking place at the site as well as to advance plans for its redevelopment.
Context: According to various media sources, President Trump is expected to deliver an ultimatum to Hamas regarding the terrorist organisation’s disarmament in the second phase of the Gaza ceasefire. Reports differ, however, on the content of the ultimatum, its timeline, its proposed methods of decommissioning, and the threats which back it up.
- A Palestinian police force presently being trained in Egypt is reportedly ready to carry out the disarmament, should Hamas accept the conditions of Trump’s ultimatum. This force reports directly to the Palestinian committee of technocrats whose appointments were announced last week. They would be tasked not only with collecting rockets and IEDs, but also the rifles and small arms with which Hamas enforces its domestic rule.
- Notably, this would mean that disarmament is an internal Palestinian affair, and not an endeavour achieved by the International Stabilisation Force, which has not yet come into being and does not have pledged commitments from enough countries to be viable.
- The Egyptian-trained force would, if Hamas agrees to Trump’s ultimatum, hope to enter Gaza sometime in February or March and seek to complete its task rapidly. Despite whatever enthusiasm both Egyptian and US officials express (in anonymous leaks) regarding both the ultimatum and the police force, both Israeli and Palestinian officials remain sceptical about the entire plan.
- Palestinian officials are concerned that an under-equipped police force seen, accurately or not, as aligned with the PA could quickly find itself a target of superior Hamas weapons (as happened in 2007). Israeli officials share that concern while also opposing any role for the PA in Gaza.
- In the meantime, few in Israel believe Hamas will agree to Trump’s ultimatum anyway. As such, the IDF continues to prepare itself for a possible military offensive in February or March to disarm Hamas by force.
- An Israeli operation following a Hamas refusal to carry out the conditions of the ceasefire, it is believed, would have a measure of international legitimacy. And a ground offensive into central Gaza unencumbered by the presence of Israeli hostages and the implied threat to their wellbeing, it is further believed, could be more effective than anything tried in two years of warfare following the October 7 attack.
Looking ahead: President Trump is scheduled to make a major prime time address tonight. In the background are at least four major international crises: the Gaza ceasefire and the formation of the new Board of Peace, the violent crackdown on anti-regime protesters in Iran and the possibility of US military action there, and the US threats on Greenland and the attendant tensions in the NATO alliance and the transition in Venezuela following the US capture of Nicolas Maduro.
- With international attention focused on Venezuela and Greenland, US forces continue to move to the Persian Gulf region.
- The eruption of violence in Iran in late December caught the US Navy without a carrier group in the Gulf. As of yesterday, the USS Lincoln Carrier Strike Group transited through the Strait of Malacca and into the Bay of Bengal. It is expected to continue west to the Persian Gulf.
- Circumventing the globe in the opposite direction were the F-15Es which had served to intercept drone attacks from Iran in previous rounds of fighting in 2024 and 2025. These reportedly left bases in the UK for bases in Jordan yesterday, accompanied by KC-135 Stratotanker aerial refuelling jets.

