10 things you need to know today: August 27, 2014

Palestinian girl celebrating
(Image credit: (Adel Hana/AP Images))

1. A new cease-fire takes hold in Gaza

Israel and the Palestinians reached a deal on a long-term cease-fire aimed at ending their seven-week conflict in Gaza. The truce was negotiated in Cairo and took effect Tuesday evening. It appeared to be holding early Wednesday. The agreement called for the opening of blocked Gaza border crossings. Despite that concession to Palestinian demands, Israel claimed a significant victory, saying its armed forces had destroyed tunnels Hamas militants had been using to launch attacks in Israel.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.