Hezbollah and Israel agree to a controversial prisoner swap (1) (3). Israel reopens three of the Gaza crossings that were shut down in response to rocket fire last week (2). Palestinian Prime Minster Salam Fayyad signs a deal with the World Bank to finance three major utility projects in Gaza, which are on hold due to the Israeli blockade (4). The ceasefire continues in Gaza, though few are optimistic about how long it will last (6) (8). An Israeli settlement on South Mount Hebron welcomes ten new families, despite talk of a freeze on settlement expansion (11).