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This is the world in brief from the economist.

Our top stories.

Israel's government approved a deal with Hamas to release 50 Israeli hostages in return for a four day pause in the fighting in Gaza.

Under the agreement Israel is also expected to free around 150 Palestinian prisoners

and to allow around 300 aid trucks to enter Gaza from Egypt each day.

It is unclear when the deal, which was broken by America and Qatar, will be implemented.

Benjamin Netanyahu, Israel's Prime Minister, said the ultimate goal remained to fight until, quote,

there is nobody in Gaza who can threaten Israel.

Chang-Peng Zow, the boss of the crypto firm Binance, pleaded guilty to federal money laundering

charges filed in Seattle, Washington.

CZ, as he is known, will step down from his role and from the company altogether and pay a $50 million fine.

The firm now the world's largest crypto exchange also pleaded guilty and will pay a $4.3 billion penalty.

North Korea fired what is suspected to be a spy satellite in its third launch attempt this year.

Both previous attempts failed.

...