GAZA CITY -- Hamas offered yesterday to restore a tattered ceasefire with Israel, several days after calling off the truce to protest a deadly explosion on a Gaza beach -- aiming to solve soaring violence and a cash crunch that has bankrupted it.
Israel replied favourably, signalling that both sides are prepared to step back from fighting that threatened to escalate into a broader conflict. A Hamas official said the group was in touch with other Gaza militants to try to halt daily rocket barrages against Israel, which set off punishing Israeli air and artillery retaliation.
The barrages have tapered off somewhat in the last day, an indication that Hamas was sidelining its militants once again. Islamic Jihad fired five rockets yesterday.
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