ACCORDING TO ISRAEL’S leading newspaper of record, Yediot Ahronot, fascinating developments are underway in the Arab world. They appear to be stimulated by a possible breakthrough between Israel and the Palestinian leadership, against the backdrop of America’s toppling of the dictatorship in Iraq.

On December 6, Yediot reporters Itamar Eichner, Haim Shibi, and Gad Lior wrote that the Libyan regime of Muammar Qaddafi has invited Moshe Kahlon, the deputy speaker of the Israeli parliament, to Tripoli. The purported topic of conversations there: Jewish properties in Libya.