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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Ron Dermer , Israel’s minster of strategic affairs and close ally of Prime Minister Benjamin Netanyahu , announced he is stepping down, weeks after helping secure the release of most Israeli hostages as part of a ceasefire with Hamas. Dermer led the Israeli team that negotiated over the fate of the hostages seized by Hamas following the Oct. 7, 2023 attack on southern Israel. A former ambassador to the US, he enjoyed close relations with the Trump administration and became a de facto liaison between the two countries over the hostage issue and when Israel and the US struck Iranian nuclear sites earlier this year.