BREAKING NEWS: Cease fire reached in Israel; starts at 7pm

BREAKING NEWS

Near the Israel-Gaza border (CNN) -- A cease-fire agreement has been reached to end the hostilities in Gaza, Egypt's foreign minister announced Wednesday at a news conference.

The cease-fire was scheduled to take effect at 9 p.m. (2 p.m. ET) Foreign Minister Mohamed Kamel Amr said.
The agreement came hours after militants exploded a bomb on a public transport bus in Tel Aviv, injuring 24 people.

The blast shook up the Israeli public and drew immediate condemnation from world leaders, including U.N. Secretary-General Ban Ki-moon, who called it "shocking." The White House labeled the strike a "terrorist attack," and Secretary of State Hillary Clinton said the United States "stands ready to provide any assistance that Israel requires."

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