As the fragile ceasefire in Gaza takes hold, both Israel and Hamas claim “victory” while Palestinians mourn the dead and survey the devastation (1), (2), (3), (6). Several papers provide analysis of political gains and losses from the conflict for Israel and Hamas (4), (5), (11), (12). Israel says it is moving to block the rearmament of Hamas, while UN SG Ban urges support for Palestinian President Abbas (8), (9). Saudi Arabia pledges $1 billion for Gaza reconstruction, but says that the Arab Peace Initiative is not an open-ended offer (10). A Ha’aretz commentary urges Israel to use carrots as well as sticks, while the National worries that the Gaza conflict has done serious political harm to moderates (14), (15). Robert Fisk thinks its time for a war crimes tribunal for Israeli leaders, and al-Ahram explains the complicated Egyptian position on Gaza (13), (16).