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Peres 'hopeful' of cease-fire deal with Palestinians

President Shimon Peres on Sunday expressed hope that Israel and the Palestinians could reach an agreement to end the ongoing escalation in the South, which saw terrorists fire over 60 rockets into Israel amid IAF air strikes in the Gaza Strip.
"The current situation is untenable," Peres said. "My heart and thoughts are with the residents of the South. They deserve peace and security. I am all hope that we can reach an agreement to deescalate the conflict soon and avoid suffering for both sides."
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