Ehud Olmert, obviously desperate for survival, is trying to make the Likud an offer to join the government if Labor pulls out by offering them the defense portfolio. My recommendation: don't take it at all. The man is facing charges over his corrupt activities anyway.
In another related item, Condi Rice has cancelled a trip to Israel following the publication of the Winograd report. That's just as well, since she's been undermining US policy already as it is.
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