President George W. Bush (C) looks on as Israeli Prime Minister Ehud Olmert (L) and Palestinian Authority President Mahmoud Abbas (R) shake hands during the opening session of a Middle East Peace Conference at the U. S Naval Academy in Annapolis, Maryland on November 27, 2007. After a seven-year hiatus, Olmert and Abbas reach a “Joint Understanding,” in which they agree to launch continuous bilateral negotiations to conclude a peace treaty by the end of 2008 and to further "the goal of two states, Israel and Palestine". (UPI Photo/Dennis Brack/POOL)