The package contains a promise to continue to veto the UNSC. If Netanyhu rejects this package then Israel can kiss that veto goodbye. The Pals will stampede to the Security Council, and the UNSC will vote in favour of recognizing the state of Palestine.
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Hamas: Agreement reached for return to calm on Gaza border with help of Egypt, Qatar, UN (Haaretz)
from the article: Netanyahu awaiting written offer from Obama on settlement freeze