Via Haaretz, here are the terms of the Israel-Hamas cease-fire proposal from US Secretary of State John Kerry.

Kerry’s initiative stipulates the following terms:

1. A one-week, temporary cease-fire, starting Sunday, during which Israel Defense Forces troops will not leave the Gaza Strip entirely and will continue to locate and destroy Hamas tunnels.

2. During this cease-fire, Israel and Hamas will begin negotiations on a more permanent arrangement, with Egyptian mediation. The Palestinian Authority will participate in these talks.

3. The United States, the UN secretary-general and the European Union will provide guarantees to both sides that the negotiations will deal with the issues important to them - for Israel, disarming Gaza of its rockets and tunnels, and for Hamas, ending the blockade of Gaza and repairing the damage the Strip has suffered.

As soon as I posted this I saw the latest live update — the Israeli cabinet has rejected Kerry’s proposal: LIVE UPDATES.

8:34 P.M. Israeli cabinet rejects John Kerry’s cease-fire proposal, according to a senior Israeli official. Discussions continue on how to improve the proposal in Israel’s favor.