Palestinians say Gaza ceasefire reached with Israel

GAZA (Reuters) - Palestinian officials said an Egyptian-mediated ceasefire agreement was reached with Israel on Monday to end a recent surge of violence in the Gaza Strip and southern Israel. "The ceasefire understanding will begin Monday 04:30 (01:30 GMT)” a Palestinian official familiar with the agreement told Reuters. A second Palestinian official confirmed that a deal was reached, as well a TV station belonging to Hamas, Gaza's Islamist rulers. (Reporting by Nidal al-Mughrabi; Editing by Peter Cooney)