Rumors of a potential ceasefire in Gaza are swirling through the international press. A government spokesman says Israel "welcomes" a proposed cease-fire cobbled cobbled together by France and Egypt so long as that cease-fire will stop Hamas rocket fire. Hamas says it will only support a deal that includes opening of Gaza's borders. Meanwhile, French President Nicolas Sarkozy claims that both parties have agreed to the cease-fire. To parse out the welcome news are Rob Watson, the BBC Defense Correspondent, in London and Steven Erlanger of the New York Times joins us from Jerusalem.

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