For once, the good news from the Middle East outweighed the bad, though not by a very wide margin. The good news was that after a final four-day bargaining session, Israel and Egypt had settled the details for submitting to international arbitration the pesky Taba dispute, which had been impeding good relations between the two countries for the past four years. That in turn led to a two-day summit meeting in Alexandria between Egyptian President Hosni Mubarak and Israeli Prime Minister Shimon Peres. The event apparently succeeded in moderating what Israelis call the "cold peace," which has prevailed since Israel launched...
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