Arabs are ecstatic. Washington is pleased. Half, at least, of Israel is cheering. Compared with the alternative of a Shamir victory, Labor's electoral triumph is such good news for the Middle East peace process that deflating expectations almost seems churlish. Nevertheless, it is clear that attaining a comprehensive peace will be no romp in the garden for Labor leader Yitzhak Rabin when he becomes Prime Minister, even though his promise to accelerate negotiations brings a real commitment -- always lacking in Shamir -- to address the substance of a settlement.
As all parties prepare for the next round of talks to...
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