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Our top stories.

President Joe Biden said that a ceasefire deal in Gaza was on the brink of being finalized.

On Monday, Qatar, which is hosting talks, presented Hamas and Israel with a final

draft, according to Reuters. In a speech, Mr. Biden said that the proposed deal would free hostages

held by Hamas, pause the fighting and allow us to significantly surge humanitarian assistance

to the Palestinians.

Negotiations are set to resume on Tuesday.

The dollar reached a two-year high against a basket of major currencies,

bolstered by a strong jobs report, released on Friday.

The data dampened expectations that the Federal Reserve will cut interest rates aggressively

in 2025.

Share prices in Asia fell, as investors feared that prolonged high interest rates in America will

draw capital to the dollar, draining funds from weaker currencies and emerging markets.

America's National Weather Service issued its most serious fire warnings for parts of Los Angeles

and Ventura counties, forecasting a particularly dangerous situation as winds were set to pick

back up and fuel existing blazes.

...