Israel's economy minister said on Wednesday it seeks a peaceful Gaza but has not decided whether to help fund its reconstruction and would not allow the rebuilding of Hamas rule that he said could lead to another cross-border militant attack.

The Israeli military says its soldiers killed an alleged militant in Gaza whom it said posed a threat to its forces

Israel’s defense minister has announced a series of raids that he says are targeting “terrorism” in the occupied West Bank, as Palestinian officials warned of a “man-made disaster.”

The Israeli military launched a large raid in the city of Jenin in the occupied West Bank on Tuesday, killing nine people and injuring 40 others, according to Palestinian health officials.

Israel says troops fired on masked gunmen in Gaza, but it remains committed to the ceasefire as it continues a new offensive in the West Bank.

The ceasefire agreement between Israel and Palestinian militant group Hamas in Gaza reduces the risks to Israel's public finances and could improve its sovereign credit rating, the major credit rating agencies said on Tuesday.

The agreement is set to halt a 15-month-old war between Israel and Hamas that has decimated the Strip, killed nearly 47,000 Palestinians and 1,200 Israelis, and destabilised the Middle East.

As the cease-fire deal is underway between Israel and Hamas terrorists, some military and political commentators in Israel are worried that the deal will enable the Iran-backed terror group to rearm.

The Al Jazeera news network says the Palestinian Authority arrested one of its reporters after preventing him from covering an Israeli operation in the occupied West Bank.

The Ivy League university, an epicenter for protests last year, says it has suspended one student after “expediting” its investigation into a group who disrupted a class on Israeli history.

Thousands of Palestinians are returning home with hope, as the ceasefire and hostage agreement between Israel and Hamas enters its fifth day. According to the United Nations, about 1.9 million of Gaza's 2.