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Israel Agrees to Ceasefire; Hamas Quickly Rejects It

The security cabinet also decided to launch an international campaign aimed at dismantling Hamas' rocket stockpiles, and closing the tunnels inside Gaza.

(TEL AVIV, Isreal ) - The Israeli Security Cabinet on Tuesday morning has accepted the Egyptian proposal for a ceasefire that, from Israel's perspective, went into effect at 9:00 a.m.

Diplomatic officials said the security cabinet's decision to halt the operation at this point will give Israel international legitimacy to continue it widespread military action if Hamas does not stop its rocket attacks.