Palestinian Authority President Mahmoud Abbas and Israeli Prime Minister Ariel Sharon announced a cease-fire Tuesday, hailing it as a new opportunity for peace in the Middle East.

"We have agreed with Prime Minister Sharon to cease all violence against the Israelis and against the Palestinians, wherever they are," Abbas said after talks at their summit in Egypt.

This one is different for an obvious reason, Yasser Arafat is not in the mix.  I always felt there could be no permanent peace with Arafat because he was a career terrorist that had no clue how to manage a peace time governmentWith Abbas in charge, you have a man who knows how to be a diplomat, how to negotiate in good terms, and, how to run a peace time country.  There is a major chance here for permanent peace.  Bush is playing it perfectly IMO, not meddling, as other presidens have done, but, rewarding the peace process financially on both sides.  I’m kind of leery of Hamas, who are still referring to Israel as the "Zionist occupation".  How Abbas deals with Hamas IMO will be crucial to any chance of peace.

And, of course, in order to keep the peace process proceeding, Abbas will have to stay alive.  That is a tall order IMO.

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