Hamas agrees to ceasefire?

Ynet:

Hamas has agreed to a ceasefire in Gaza based on Egypt's proposal, Arab sources told Ynet Wednesday. The conditions for the truce have not been published at this time.

Senior Hamas official Ayman Taha is expected to hold a press conference at 7:30 pm (GMT) in which it will present the understandings reached during the Cairo talks.

Earlier in the day Egyptian news agency MENA reported that the Islamic group has responded favorably to Egypt's efforts to promote a ceasefire in Gaza, .

"Hamas responded positively to Egypt's attempts to bring an end to the shedding of Palestinian blood, during the talks that were held in Cairo in the last three days," an Egyptian official told MENA.

Egypt's Foreign Minister Ahmed Aboul Gheit, whose nation has been instrumental in ceasefire talks, said he had received Hamas' latest proposal and would convey it to the Israelis. Without revealing details, he indicated an agreement was near and a Hamas spokesman said the militant group had "no other choice."

Israeli official Amos Gilad is scheduled to arrive in Cairo Thursday for talks with Egypt's Intelligence chief Omar Suleiman.

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I don't know whether Ynet has a real scoop here or they are talking to wildly optimistic sources.

I am pretty sure that the chances of Hamas abiding by the terms of this ceasefire are no better than their abiding by the terms of the old ceasefire. Under it, they were not willing to stop the "non state actors" from firing rockets at Israel. Whatever, Hamas may have agreed to, it is only a tactical move so they can rearm to attack Israel again.

Haaretz reports that Israeli defense officials have recommended a ceasefire at this time. While this would stop short of their stated objectives, there appears to be a reluctance to launch the phase three operations that might lead to a more decisive result.

Israel National News is also reporting that Hamas has agreed to the Egyptian cease fire terms.