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Bush meets Palestinian president Bush meets Palestinian president
(29 minutes later)
US President George W Bush has begun talks with friendly Arab leaders in Sharm el-Sheikh, Egypt, by meeting Palestinian leader Mahmoud Abbas. US President George W Bush has begun talks with Arab leaders in Sharm el-Sheikh, Egypt, by meeting Palestinian leader Mahmoud Abbas.
Mr Bush is also due to discuss the Middle East peace process with Egyptian President Hosni Mubarak and Jordan's King Abdullah.Mr Bush is also due to discuss the Middle East peace process with Egyptian President Hosni Mubarak and Jordan's King Abdullah.
Israeli PM Ehud Olmert is not there but has sent his defence minister.Israeli PM Ehud Olmert is not there but has sent his defence minister.
A BBC correspondent says there is little hope for the peace deal Mr Bush wants by the time he leaves office.A BBC correspondent says there is little hope for the peace deal Mr Bush wants by the time he leaves office.
"It breaks my heart to see the vast potential of the Palestinian people, really, wasted," the Associated Press quoted Mr Bush as saying."It breaks my heart to see the vast potential of the Palestinian people, really, wasted," the Associated Press quoted Mr Bush as saying.
Standing next to Mr Abbas in the Red Sea resort, he added: "It would be an opportunity to end the suffering that takes place in the Palestinian territories."Standing next to Mr Abbas in the Red Sea resort, he added: "It would be an opportunity to end the suffering that takes place in the Palestinian territories."
'Peace over''Peace over'
The BBC's Christian Fraser says Mr Bush will spend the weekend trying to balance the support he has shown the Israelis during the past week with his country's wider strategic interests in the Arab World.The BBC's Christian Fraser says Mr Bush will spend the weekend trying to balance the support he has shown the Israelis during the past week with his country's wider strategic interests in the Arab World.
Mr Bush is due to address the World Economic Forum on SundayMr Bush is due to address the World Economic Forum on Sunday
Mr Bush received a warm welcome from his Egyptian counterpart but among those gathered there is little confidence that the meetings will result in any significant progress, our correspondent says.Mr Bush received a warm welcome from his Egyptian counterpart but among those gathered there is little confidence that the meetings will result in any significant progress, our correspondent says.
An editorial in Egypt's main state-owned newspaper, al-Ahram, said the Israeli-Palestinian peace process was effectively over under Mr Bush.An editorial in Egypt's main state-owned newspaper, al-Ahram, said the Israeli-Palestinian peace process was effectively over under Mr Bush.
Israeli Defence Minister Ehud Barak is expected to press again for the release of the captured Israeli soldier, Gilad Shalit, as a condition of any truce with Hamas, the militant group which controls the Gaza Strip.Israeli Defence Minister Ehud Barak is expected to press again for the release of the captured Israeli soldier, Gilad Shalit, as a condition of any truce with Hamas, the militant group which controls the Gaza Strip.
Mr Bush is also due to hold talks with Afghan President Hamid Karzai, Pakistani Prime Minister Yusuf Raza Gilani and Iraqi officials in the course of the weekend, which takes in a World Economic Forum.Mr Bush is also due to hold talks with Afghan President Hamid Karzai, Pakistani Prime Minister Yusuf Raza Gilani and Iraqi officials in the course of the weekend, which takes in a World Economic Forum.
Oil call
Mr Bush's previous stop was in Saudi Arabia, where he had a request turned down for a big increase in oil production to help reduce world prices.
Speaking in Egypt, he said recent Saudi output rises would be a help but would not solve America's problems.
"Those who are screaming the loudest for increased production from Saudi Arabia are the very same people who are fighting the fiercest against domestic exploration, against the development of nuclear power and against expanding refining capacity..." Mr Bush said.
"We've got to do more at home. And we need a Congress who will be responsive to those requests."