In a bid to restart Mideast peace talks, the US will sponsor a summit of nations that "recognize Israel's right to exist" this fall, President Bush said today. He backed up his support for the "two-state solution" by reiterating a pledge of $190 million in aid to the Palestinians, the Times reports.
The president also committed $80 million to helping the Abbas government beef up security, backing up his support for the Fatah-led regime that controls the West Bank. He announced that Secretary of State Rice will chair the peace conference but wasn't specific about the guest list; the requirement that participants back Israel apparently excludes Iran and Syria. (Read more George W. Bush stories.)