Gas prices have gone up. 95 octane is now NIS 5.57 a liter.

**PA leader Abu Mazen has announced his willingness to cooperate with the new Israeli administration.

**IDF soldiers involved in counter-terror operations throughout Yehuda and Shomron on Tuesday night arrested 18 suspects.

**PA sources report PA Prime Minister Salim Fayyad will remain in his post. Fayyad last month announced plans to step down.

**A significant increase in temperature is expected on Wednesday.

**The treasury has rejected a call from the Knesset Finance Committee to establish a fund to assist NGOs seeking to fill the government void in many areas. Despite the fact that the establishment of such a fund is included in coalition agreements, Finance Ministry officials explain there simply are no funds.

**The official ceremony changing prime ministers took place on Wednesday morning at the President’s Residence in compliance with a request from President Peres.

**Following the official ceremony on Wednesday morning, Prime Minister Binyamin Netanyahu visited the Kosel.

(Yechiel Spira – YWN Israel)