Following the decision to accept a ceasefire with Hamas and the subsequent resignation of Defense Minister Avigdor Lieberman on Wednesday, Israeli Prime Minister Benjamin Netanyahu must now address the resulting division within the coalition and between members of his own Likud party.
Hamas' decision to launch hundreds of rockets, which has resulted in the death of one man (a Palestinian working inside Israel), and the injury of more than two dozen Israelis so far, is being discussed in the worldwide media as just one more episode in an endless "cycle of violence", in which the Jewish state is as guilty as the Islamist terror groups that rule Gaza.
At the same time, the Israeli security cabinet was holding seven-hours-lasting consultations with the top of Israel's security forces without coming to a vote about a large-scale military operation against Hamas and the other Palestinian terror groups in Gaza.
The event, sponsored by Jewish News and organised by the Zionist Federation, was to have been hosted by ITV's global affairs correspondent Rageh Omaar.
Mr Lieberman said his decision, takes effect 48 hours after he puts it in writing.
Israel had launched a series of blistering air strikes against targets in Gaza after Hamas militants persisted in launching rockets at targets in Israel.
The party of another Netanyahu rival, Naftali Bennett, has already announced that if he is not appointed defense minister it will also quit the coalition - a move that would trigger early elections.
Another Israeli commentator posted this video to express his opinion about how Israel is now dealing with Hamas.
Speaking at a memorial service for Israel's first leader, David Ben-Gurion, Netanyahu responded to criticism saying "leadership is not doing the easy thing; it is doing the right thing".
Seven Palestinians, including five militants, were killed. Some 170 Palestinians, many of them unarmed, have been killed by Israeli fire.
An Israeli officer was killed during the Gaza raid, while a Palestinian laborer who worked in Israel was killed in a rocket attack. Since late March, thousands of Gazans have joined the Hamas-led demonstrations in a bid to end a crippling Israeli blockade. Some 26 people were wounded, according to territory's Health Ministry.
"The goodwill displayed by both parties to the ceasefire is a positive and welcome development that should serve as a catalyst in resuming the long-stalled Middle East Peace Process (MEPP), leading to a two-state solution with the people of the state of Israel living in peace and harmony with the people of an independent, sovereign Palestinian state based on the 4 June 1967 borders with East Jerusalem as its capital".
Hamas already breached the ceasefire on Wednesday morning when a terrorist threw grenades at IDF soldiers who were guarding the border with Gaza. An Israeli military spokesman said they were looking into the incident.
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