US President Donald Trump has once again taken to social network Truth Social to make a big announcement. According to his latest post on the platform, Israel and Hamas are ready for the first phase of the peace proposal, with the release of hostages set to commence soon.

The 47th US president is due to speak on the development shortly in a press conference.

'Very proud to announce...': Trump

The American president wrote: "I am very proud to announce that Israel and Hamas have both signed off on the first Phase of our Peace Plan. This means that ALL of the Hostages will be released very soon, and Israel will withdraw their Troops to an agreed upon line as the first steps toward a Strong, Durable, and Everlasting Peace."

'All Parties will be treated fairly!' Trump

Trump also wrote that

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