The Jerusalem Post reports: With rockets falling on Sderot and snipers firing from Gaza on civilians, the security cabinet was scheduled to meet Thursday to discuss a possible five-year truce with Hamas.

Now, in light of the escalating situation in Gaza, Prime Minister Benjamin Netanyahu scheduled an urgent security consultation after midnight Wednesday in Tel Aviv with Defense Minister Avigdor Liberman, Chief of Staff Lt.-General Gadi Eizenkot, Shin Bet head Nadav Argaman, and National Security Council head Meir Ben-Shabbat.

This was the second security cabinet meeting on the matter in five days. Wednesday’s escalation came following the IDF’s killing of two Hamas snipers on Tuesday. The IDF said that the strike on the snipers was an error, since the snipers were conducting a training drill and not firing at Israelis. Hamas pledged retaliation for that action, and the communities in the South were on alert throughout the day Wednesday, waiting for Hamas to deliver on its threat.

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