NEWS: Israel and the PA reach a quietly negotiated agreement on tax revenue collection and trade. One Hamas militant is killed and 2 others are wounded in a car explosion in Gaza. PM Netanyahu denies any split with the Israeli military over Iran. Pres. Morsy has apparently sent a letter to Pres. Peres vowing to try to help “the Middle East peace process back to its right track,” although his spokesperson denies the existence of any such letter. The Israeli government is reportedly set to approve grants for building hotels in settlements in the occupied West Bank. Former Obama advisor Dennis Ross says he still supports the president. An 80-year-old battle over land ownership in the Negev between Bedouins and Jews has shifted into the Israeli courts. COMMENTARY: Mitt Romney insists that culture is a factor in economic success. Thomas Friedman says Mitt Romney's Israel trip was such shameless fund-raising it should have been held in Las Vegas. Hussein Ibish says whatever Romney's campaign rhetoric is now, if elected he will default to traditional American policies. The Washington Post criticizes Romney's remarks about Palestinian culture. The LA Times agrees that Romney was pandering and unhelpful. Rich Lowry says he agrees with Romney. Elias Harfoush says Romney was “begging for Jewish votes.” Ron Kampeas says Romney and Obama are showing “love for Israel” in different ways. Sam Bahour says the prospect of a Romney presidency is frightening. Amira Hass says Israel is using water as a weapon against Palestinians in the West Bank. Ali Khaled says Israeli historical narratives erase Palestinian Christian history. Benny Morris says Israel has become the most dangerous place in the world for Jews.