Prime Minister Binyamin Netanyahu warned that an "Islamic wave" is washing over the Arab world, speaking at the Knesset Foreign Affairs and Defense Committee Monday. "This is not good for us."
Following decades of military rule in the Arab world, "We have an unstable reality ahead of us," he added
Because it is not possible to know how long it will take until the region stabilizes, the prime minister said, "We must behave cautiously. This is not the time for hasty actions."
In post-Gaddafi Libya, he said, "there is a large stockpile of weapons that is leaking out (of the country) and reaching our area," something he said has ramifications on Israel's security needs.
Addressing the situation in Egypt, which on Monday began holding its first parliamentary elections since the fall of former president Hosni Mubarak, Netanyahu said, "We hope to stabilize the peace treaty and we are working on that with the Americans."