There are plenty of unstable nations who are incapable of preventing armed groups from launching attacks from their territories or who are suffering from civil war. Such failed states pose a bigger threat to world peace than Israel does. Right now Israel is consolidating its territorial conquests, which in itself is a threat to peace, but Israel is not performing active agression against another nation (at this time). The siege of Gaza is also inviting agression from other nations, but it hardly poses the biggest threat to world peace. By the way, I think it is quite odd to point out a country that is in a state of relative peace with its neighbours as the biggest threat to world peace when there are actual wars going on...
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IDF: Shots fired at troops operating near Gaza border, no injuries or damage sustained (Haaretz)
from the article: Netanyahu: We will never divide Jerusalem