Israel and the Palestinians have reached understandings that will serve as the basis for a ceasefire, Ynet is reporting Wednesday morning citing Egyptian sources.
According to the report, Prime Minister Sharon is prepared to halt military operations against the Palestinians if the Palestinians stop the terror attacks on Israel.
The Palestinians are denying the reports, but this is not suprising. The new leadership doesn't want to appear to be giving in to Israel's demands or for things to look too good after Yasser Arafat's death.
But with the rapid pace at which the situation appears to be improving since Yasser left us, I won't be surprised if water turns to wine and manna falls from the heavens sometime in the next few days.